List of companies of Venezuela

Location of Venezuela

Venezuela is a federal republic located on the northern coast of South America. Oil was discovered in the early 20th century and, today, Venezuela has the world's largest known oil reserves and has been one of the world's leading exporters of oil. Previously an underdeveloped exporter of agricultural commodities such as coffee and cocoa, oil quickly came to dominate exports and government revenues. The 1980s oil glut led to an external debt crisis and a long-running economic crisis. Inflation peaked at 100% in 1996. As (by 1998) per capita GDP fell to the same level as 1963, down a third from its 1978 peak.[1] The recovery of oil prices in the early 2000s gave Venezuela oil funds not seen since the 1980s.[2] A destabilized economy led to a crisis in Bolivarian Venezuela, resulting in hyperinflation, an economic depression, shortages of basic goods and drastic increases in poverty, disease, child mortality, malnutrition, and crime.[3][4]

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
Status: P=Private, S=State; A=Active, D=Defunct
Name Industry Sector Headquarters Founded Notes Status
   
ACO, C.A. Consumer services Specialized consumer services Caracas 1951 Car rentals P A
Aero Ejecutivos Consumer services Airlines Maiquetía 2005 Airline P A
Aeroexpresos Ejecutivos, C.A. Consumer services Airlines Caracas 1990 Passenger and cargo airline P A
Aeropostal Alas de Venezuela Consumer services Airlines Caracas 1929 State airline, defunct 2017 P D
Agencia Venezolana de Noticias Consumer services Broadcasting & entertainment Caracas 1977 National news agency S A
Alcasa Basic materials Aluminum Ciudad Guayana 1960 Aluminium S A
Alimentos La Giralda Consumer goods Food products Caracas 1944 Food import, part of Fierro Group (Spain) P A
Alimentos Polar Consumer goods Food & beverage Caracas 1954 Production and distribution, part of Empresas Polar P A
Asamblea Nacional Televisión Consumer services Broadcasting & entertainment Caracas 2005 State broadcaster S A
Aserca Airlines Consumer services Airlines Valencia 1968 Scheduled airline P A
Avensa Consumer services Airlines Caracas 1943 Airline, defunct 2004 P D
Avila TV Consumer services Broadcasting & entertainment Caracas 2006 State television S A
Avior Airlines Consumer services Airlines Barcelona 1994 Airline P A
Avior Regional Consumer services Airlines Caracas 2015 Regional airline, part of Avior Airlines P A
Bancaribe Financials Banks Caracas 1954 Bank P A
Banco Bicentenario Financials Banks Caracas 2009 Bank S A
Banco de Venezuela Financials Banks Caracas 1890 Bank S A
Banco Federal Financials Banks Caracas 1982 Bank, defunct 2010 P D
Banco Industrial de Venezuela Financials Banks Caracas 1937 Bank, defunct 2009 P D
Banco Nacional de Crédito (BNC) Financials Banks Caracas 1977 Bank P A
Banco Occidental de Descuento (BOD) Financials Banks Maracaibo 1957 Bank, defunct 2022 P D
Banco Venezolano de Crédito Financials Banks Caracas 1925 Bank P A
BANDES Financials Banks Caracas 2001 Lending bank P A
Banesco Financials Banks Caracas 1992 Bank P A
BBVA Provincial Financials Banks Caracas 1953 Part of Banco Bilbao Vizcaya Argentaria (Spain) P A
Biblioteca Ayacucho Consumer services Publishing Caracas 1974 Publisher S A
Bodegas Pomar, C.A. Consumer goods Distillers & vintners Barquisimeto 1985 Wine P A
Bolívar Films Consumer services Broadcasting & entertainment Caracas 1939 Film P A
Bolívar TV Consumer services Broadcasting & entertainment Aroa 2004 Community broadcaster P A
Buena Televisión Consumer services Broadcasting & entertainment Táchira 2006 State broadcaster S A
Calipso TV Consumer services Broadcasting & entertainment Ciudad Guayana 2003 Television P A
Camunare Rojo TV Consumer services Broadcasting & entertainment Yaracuy 2003 Television P A
Canal Maximo Televisión Consumer services Broadcasting & entertainment Caracas 1993 Defunct 2006 P D
CANTV Telecommunications Fixed line telecommunications Caracas 1930 State telecom S A
Catia TVe Consumer services Broadcasting & entertainment Caracas 2001 Local television P A
Cervecería Polar Consumer goods Brewer Caracas 1941 Brewery, part of Empresas Polar P A
Chocolates El Rey Consumer goods Food products Caracas 1929 Confectionery P A
Contacto Vecinal TV Consumer services Broadcasting & entertainment José Félix Ribas 2005 Community television P A
Cinex Consumer services Recreational services Caracas 1998 Theaters P A
Conviasa Consumer services Airlines Maiquetía 2004 Airline S A
Coro TV Consumer services Broadcasting & entertainment Coro 2004 Local television P A
Corpoelec Utilities Electricity Caracas 2007 Power utility S A
Corporación Venezolana de Guayana (CVG) Basic materials Aluminum Ciudad Guayana 1960 Mining and aluminum S A
Digitel GSM Telecommunications Mobile telecommunications Caracas 1995 Mobile network P A
Ediciones Ekare Consumer services Publishing Caracas 1978 Children's publisher P A
El Nacional Consumer services Publishing Caracas 1943 Daily newspapers P A
El Universal Consumer services Publishing Caracas 1909 Daily newspaper P A
Electricidad de Caracas (EDC) Utilities Electricity Caracas 1895 Power utility, defunct 2007 P D
Empresas 1BC Consumer services Broadcasting & entertainment Caracas 1920 Broadcasting P A
Empresas Polar Consumer goods Food & beverage Caracas 1941 Brewer, other food and beverage P A
Envases Venezolanos Consumer goods Glass & tinning Caracas 1952 Packaging P A
Flamingo Televisión Consumer services Broadcasting & entertainment Falcón 1990 Local television P A
FM Center Consumer services Broadcasting & entertainment Caracas 1997 Radio P A
Fondo Común Financials Banks Caracas 1963 Bank P A
Fundacomez Consumer services Broadcasting & entertainment Zulia 2004 Local television P A
Galopando TV Consumer services Broadcasting & entertainment Guárico 2004 Local television P A
Global TV (Venezuela) Consumer services Broadcasting & entertainment Zulia 1990 Local television P A
Globovisión Consumer services Broadcasting & entertainment Caracas 1994 Television news network P A
Helados EFE, C.A. Consumer goods Food products Caracas 1926 Ice cream, part of Empresas Polar P A
IPOSTEL Logistics Delivery services Caracas 1978 Postal services S A
Inter Telecommunications Fixed line telecommunications Barquisimeto 1996 Cable P A
Jaureguina TV Consumer services Broadcasting & entertainment La Grita 2004 Local television P A
LAI – Línea Aérea IAACA Consumer services Airlines Barinas 1995 Airline, defunct 2006 P D
LASER Airlines Consumer services Airlines Caracas 1993 Airline P A
La Tele Consumer services Broadcasting & entertainment Caracas 2002 Television network defunct, 2015 P D
Línea Turística Aereotuy Consumer services Airlines Caracas 1982 Airline P A
MANPA Consumer goods Pulp and paper Caracas 1950 Tissue paper P A
Mercantil Servicios Financieros Financials Financial services Caracas 1997 Banking, insurance, wealth management P A
Meridiano Televisión Consumer services Broadcasting & entertainment Caracas 1996 Sports television, part of Bloque De Armas P A
Michelena TV Consumer services Broadcasting & entertainment Michelena 2002 Local television P A
Montaña TV Consumer services Broadcasting & entertainment Táchira 2004 Local television P A
Monte Ávila Editores Consumer services Publishing Caracas 1968 Publisher P A
Oritvisión Consumer services Broadcasting & entertainment Cedeño 2004 Local television P A
PDVSA Oil & gas Exploration & production Caracas 1976 State oil & gas S A
PDVAL Consumer goods Food & beverage Caracas 2008 Food supply network, part of PDVSA S A
Promar TV Consumer services Broadcasting & entertainment Barquisimeto 1995 Regional television P A
Puma TV Consumer services Broadcasting & entertainment Caracas 1995 Television, defunct 2007 P D
Quijote TV Consumer services Broadcasting & entertainment Zulia 2006 Local television P A
RCTV Consumer services Broadcasting & entertainment Caracas 1953 Radio Caracas Televisión Internaciona, part of Empresas 1BC P A
RUTACA Airlines Consumer services Airlines Ciudad Bolívar 1974 Airline P A
Sambil Consumer services Real estate development Caracas 1958 Retail P A
SBA Airlines Consumer services Airlines Caracas 1995 Airline P A
Servivensa Consumer services Airlines Caracas 1990 Airline, part of Avensa P A
Sidetur Basic materials Iron & steel Caracas 1948 Steel, part of Sivensa P A
SIDOR Basic materials Iron & steel Caracas 1953 Steel S A
Siguaraya TV Consumer services Broadcasting & entertainment Acarigua 2006 Local television P A
Síragon Consumer goods Consumer electronics Valencia 2004 Appliances, computers, cell phones, TVs, white goods P A
Sivensa Basic materials Iron & steel Caracas 1948 Steel P A
Sol América Consumer services Airlines Caracas 1980 Domestic chartered airline P A
Sonográfica Consumer services Broadcasting & entertainment Caracas ? Record label P A
Supermercado De Candido Consumer services Retail Falcón 1950 Supermarket chain P A
Survisión Consumer services Broadcasting & entertainment Arzobispo Chacón 2004 Local television P A
Tarmas TV Consumer services Broadcasting & entertainment Vargas 2002 Local television P A
TELE N Consumer services Broadcasting & entertainment Maracaibo ? Regional news, defunct P D
Telesur Consumer services Broadcasting & entertainment Caracas 2005 State broadcaster S A
Teletambores TV Consumer services Broadcasting & entertainment Santa Rita 2002 Local television P A
Televen Consumer services Broadcasting & entertainment Caracas 1988 Television network P A
Televisión Educativa Consumer services Broadcasting & entertainment ? 2009 Educational television network S A
Televisora Comunitaria de Rubio Consumer services Broadcasting & entertainment Rubio 2006 Local television P A
Televisora de Oriente Consumer services Broadcasting & entertainment Puerto la Cruz 1992 Local television P A
Televisora Regional del Táchira (TRT) Consumer services Broadcasting & entertainment San Cristóbal 1989 Local television P A
TV Bailadores Consumer services Broadcasting & entertainment Bailadores 2004 Local television P A
TV Familia Consumer services Broadcasting & entertainment Caracas 2000 Local television P A
TV Llano Consumer services Broadcasting & entertainment San Juan de los Morros 1995 Local television P A
TV Puerto Consumer services Broadcasting & entertainment Puerto la Cruz 2003 Local television P A
TVS (Venezuela) Consumer services Broadcasting & entertainment Maracay 1994 Local television P A
ULA TV Consumer services Broadcasting & entertainment Mérida 1999 Regional television P A
Valdez TV Consumer services Broadcasting & entertainment Güiria 2005 Local television P A
Vale TV Consumer services Broadcasting & entertainment Caracas 1998 Local television P A
Venevisión Consumer services Broadcasting & entertainment Caracas 1961 Television network, part of Grupo Cisneros (US) P A
Venezolana de Televisión Consumer services Broadcasting & entertainment Caracas 1964 State television network S A
Venezolana Consumer services Airlines Maracaibo 2001 Low-cost airline P A
Vensecar Internacional Consumer services Airlines Caracas 1996 Cargo airline P A
Vida TV Consumer services Broadcasting & entertainment Táchira 2003 Local television P A
VIT, C.A. Technology Computer hardware Falcón 2005 Laptops P A
ViVe Televisión Consumer services Broadcasting & entertainment Caracas 2003 State television S A
Women's Development Bank Financials Banks Caracas 2001 Bank P A
Zamora TV Consumer services Broadcasting & entertainment Villa de Cura 2004 Local television P A
Zuliana de Aviación Consumer services Airlines Maracaibo 1985 Airline, defunct 2002 P D
Zuliana de Televisión Consumer services Broadcasting & entertainment Zulia 1998 Regional television P A

See also

References

  1. ^ Kelly, Janet; Palma, Perdo A. (2006). "Chapter 10: The Syndrome of Economic Decline and the Quest for Change". In McCoy, Jennifer L.; Myers, David J. (eds.). The Unraveling of Representative Democracy in Venezuela. Johns Hopkins University Press. ISBN 0-8018-8428-4.
  2. ^ Heritage, Andrew (December 2002). Financial Times World Desk Reference. Dorling Kindersley. ISBN 978-0-7894-8805-3.
  3. ^ Scharfenberg, Ewald (1 February 2015). "Volver a ser pobre en Venezuela". El Pais. Retrieved 3 February 2015.
  4. ^ Herrero, Ana Vanessa; Malkin, Elisabeth (16 January 2017). "Venezuela Issues New Bank Notes Because of Hyperinflation". The New York Times. Retrieved 17 January 2017.