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Nationalization

Venezuelan Government Announces Three-Stage Plan for Nationalized Housing Complexes

One of the unfinished housing complexes recently nationalized (INDEPABIS)
Venezuelan Vice President Elías Jaua has announced a three-stage plan to hand over thousands of recently nationalized apartments to the victims of fraud committed by the former private owners.

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Venezuelan Government Nationalizes Transport and Textile Firms

Venezuelan Vice President Elias Jaua tours abandoned warehouses of recently expropriated Silka textile company (Agencies)

Over the weekend, Venezuelan Vice President Elias Jaua announced the nationalization of one transportation company and one textile company. Meanwhile, workers at TAUROGAS occupied the gas company’s central distribution center on Saturday and demanded its immediate nationalization.

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Venezuelan Steel Company and Housing Developments Nationalized

87% of rebar production is now controlled by the Venezuelan government (Agencies)

Venezuelan President Hugo Chávez announced on Sunday the expropriation of Siderúrgica del Turbio (Sidetur), a major producer of steel used in the construction of homes, bridges, and other infrastructure and public works. The president also announced government interventions in several large housing developments.

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Where Is the Venezuelan Revolution Going?

The recent election results revealed both the strong and the weak points of the Bolivarian Revolution. It showed the loyalty and determination of the workers and peasants to defend the Revolution and defeat the counterrevolution. But how long can this loyalty be maintained unless the Revolution is carried through in a determined manner?

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Venezuelan Unions March to Control Companies, Throw Out “Reformist” State Management

A recent worker control conference in Anzoategui state (UNETE)

Worker unions from a range of state-owned and private companies in Venezuela plan to march on November 9th in favor of a new labor law, the resolution of collective union contracts, and the empowerment of worker unions in the management of their companies.

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Venezuelan Government Intervenes in Key Food Sector Company

The glass company's Los Guayos plant (archive).
Venezuelan President Hugo Chavez announced on Monday the nationalization of U.S.-based glassmaker Owens-Illinois affiliates, placing 60% of Venezuela’s glass bottle industry under government ownership.

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Chávez Revving Up Revolution with Land Takeovers

President Chávez continued with the takeover of the Spanish agro company, Agroisleña by appointing the board of directors and announcing that the company would change its name to Agropatria. He also announced the new selling prices to food producers for seeds and fertilizers which were formerly controlled on a capitalist price basis by Agroisleña.

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Workers Rally to Support Venezuela’s Nationalization of Veneco

Venoco workers demonstrate in Carabobo state (Aporrea)

Factory workers from the Venezuelan chemical and lubricant company Veneco held a demonstration Sunday night in Carabobo state to show their support for the company’s nationalization, which President Hugo Chavez announced last Sunday afternoon.

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Venezuela Nationalizes Lubricant and Fertilizer Companies

Farm workers on the Paula Correa Social Production Unit (MINCI)

Venezuelan President Hugo Chavez announced the nationalization of the lubricant and chemical company Venoco and the fertilizer company Fertinitro on Sunday, after accusing the two firms of price speculation.

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Venezuelan Private Gas Company Workers Demand Nationalization

Workers from various private domestic gas companies (Aporrea)

Private domestic gas company workers are demanding that their companies be nationalized and converted to worker and community control, alternative Venezuelan website Aporrea reported on Tuesday.

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