THE COMPANY: Graña y Montero (G&M) is the largest engineering and construction company in Peru, with 80 years of operation. G&M has four complementary business segments: engineering and construction (provides specialised services in engineering, civil works, electromechanical construction,...
Arguably one of the most important regulatory reforms to take place recently, the privately managed pension fund system reform was passed by Congress in May 2012. The reform can be divided into two stages with different objectives. The first stage, which was implemented in 2012, focused on increasing competition among private fund administrators...
THE COMPANY: Edegel is the largest power generation company in Peru. It supplies the national grid and has a total installed capacity of 1470 MW, of which 922 MW is thermoelectric capacity. Edegel is controlled by the Spanish electricity company Endesa, which indirectly owns 83% of Edegel’s...
Does vertical integration, with larger firms purchasing private clinics, restrict patient choice?
THE COMPANY: Cementos Pacasmayo is a cement company based in Peru, with more than 50 years of operating history producing, distributing and selling cement and cement-related materials, such as concrete blocks and ready-mix concrete in the northern region of the country. Its products are primarily used...
With its expanding middle class and relatively high degree of social mobility, Peru represents a solid growth opportunity for the banking industry. Lending activity jumped by 23% in 2012, with much of this coming from a rise in consumer and retail loans. International players are abuzz with hopes of entering the South American country, and with...
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