resume functions of the state directors Newsprint
Two days after being authorized by the Court to return to their functions, to state directors Newsprint presented to the Board meeting and raised a proposal for the production scope "in order to produce paper as a societal goal," said Beatriz Paglieri Telam.
Paglieri is one of three representatives appointed by the State in the directory of newsprint, along with Omar Eduardo Gallo and Paul Aldo Cerioli.
"convey, after several months of not participating in board meetings, the State's intention to enforce a newsprint social order" to supply the demand for paper in Argentina.
"Today Newsprint paper sold at international prices, which is unreasonable, and detrimental to small companies in the industry. Our goal is to increase gradually the production of paper to supply the entire domestic market, "said Paglieri, now on the market, he added," we in peak import of paper because Newsprint produces well below installed capacity, launched the official.
Paglieri requested further stated that the implementation of a new board meeting, with dates to be confirmed but that "could take place next week" to address the will of the Federal Government as to the production of paper, " and if necessary make the investments we will make investments that may be required "to meet that goal.
The national state is a shareholder of newsprint, together with Grupo Clarin and La Nacion.
Earlier this week, the Commercial Judge Eduardo Malde did result in an injunction requested by the SEC, which ordered the company's private shareholders (Grupo Clarín and La Nación) to restore the three directors who had been separated last year.
In this way, provided for the continuity as directors of the State before Paglieri Beatriz Newsprint, Omar Eduardo Gallo and Paul Aldo Cerioli, who had been removed from office in August 2010, following a decision of the shareholders private, which was denounced by the State before the NSC.
During the board meeting today, Paglieri revealed that the directors representing the State raised objections to the participation of shareholders alleged crimes against humanity.
This motivated the "irritation" of some directors were present, as the representative for Clarín, Jorge Rendo, she added.
"He had a very reluctant attitude, even violent" to hear the question raised by the representatives of the State, remarked Paglieri.
Immediately afterwards said "some principals were predisposed" to the proposal made by the State to the objective of the company, while others "were reluctant."
Moreover, in the last hours it was learned that the Attorney General's Office, Esteban Righi, issued two opinions urging the Court to annul the decisions of the Hall C of the Commercial Chamber that had been revoked several resolutions the National Securities Commission Newsprint unfavorable.
Righi The invalidity cover requested by the ruling that overturned the judicial co-administration of the company. Attorney and supported the position taken by the Attorney General in the case.
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