Fierro Group
Encyclopedia
The Fierro Group also known as Grupo Iberoamericano de Fomento or Grupo IF is an old Economic Group that originated in Spain
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

 and has investments in Spain
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

 and Latin America
Latin America
Latin America is a region of the Americas where Romance languages  – particularly Spanish and Portuguese, and variably French – are primarily spoken. Latin America has an area of approximately 21,069,500 km² , almost 3.9% of the Earth's surface or 14.1% of its land surface area...

, mostly in the Industrial
Industry
Industry refers to the production of an economic good or service within an economy.-Industrial sectors:There are four key industrial economic sectors: the primary sector, largely raw material extraction industries such as mining and farming; the secondary sector, involving refining, construction,...

 and Financial
FINANCIAL
FINANCIAL is the weekly English-language newspaper with offices in Tbilisi, Georgia and Kiev, Ukraine. Published by Intelligence Group LLC, FINANCIAL is focused on opinion leaders and top business decision-makers; It's about world’s largest companies, investing, careers, and small business. It is...

 sectors. The Fierro Group initial leader was the Spanish Entrepreneur Ignacio Fierro Viñas.

They started operations in Peru in 1961, when they installed a factory of matches, product in which they are one of the leaders in the world. In 2001 the leader of the Fierro Group in Peru was Manuel Isabal Roca, and had 18 companies, some of which are: BIF (Banco Interamericano de Finanzas), Fosforera Peruana, Tabacalera Nacional, Aval, Representaciones Alpamayo, Filtros del Perú, Destilería Peruana, Tabacalera del Sur, Industrial Cartavio, Verona Trading and Fosforera La Llama. That year, they employed about 5,000 between all their companies.

In Venezuela
Venezuela
Venezuela , officially called the Bolivarian Republic of Venezuela , is a tropical country on the northern coast of South America. It borders Colombia to the west, Guyana to the east, and Brazil to the south...

, in 1991 they owned: Tabacalera Nacional (TANASA) today owned by Phillip Morris, Fosforera Venezolana, S.A., Alimentos La Giralda
Alimentos La Giralda
Alimentos La Giralda is a Venezuelan trading company that imports, produces and distributes foodstuffs such as capers, pickles, olives, canned fruits and canned vegetables. It is located in Caracas...

, Banco Exterior. Nowadays, Fierro Group in Venezuela (also known as Grupo Industrial Farallón de Venezuela: GIFVEN) has the first place of share market on match industry sales being also owners of different companies such as FOSUCA and FOMACA. Fierro Group companies has Factories such as Lander & Vera and Alimentos La Giralda
Alimentos La Giralda
Alimentos La Giralda is a Venezuelan trading company that imports, produces and distributes foodstuffs such as capers, pickles, olives, canned fruits and canned vegetables. It is located in Caracas...

 which produce and distribute different manufactured goods related to liquors and canned food. Its most recognized brands are Fosforos el Sol, La Giralda, Ponche Imperial, Ruskaya, Licores Lander & Vera, among others.

In Ecuador
Ecuador
Ecuador , officially the Republic of Ecuador is a representative democratic republic in South America, bordered by Colombia on the north, Peru on the east and south, and by the Pacific Ocean to the west. It is one of only two countries in South America, along with Chile, that do not have a border...

, on October 24, 1958 Mr. Ignacio Fierro founded the company Fosforera Ecuatoriana S.A. (FESA) since then other companies were created: Tabacalera Nacional S.A. (Tanasa), Banco Internacional, Seguros Cervantes, Grafandina S.A., Industria Licorera Iberoamericana S.A. (ILSA), PetroSud (Consorcio PetroSud-PetroRiva). In 2008 the leader of the Fierro Group in Ecuador was José Enrique Fuster Camps.

INTERNATIONAL PRESENCE
Spain
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

 Argentina
Argentina
Argentina , officially the Argentine Republic , is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires...

 Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...

 Colombia
Colombia
Colombia, officially the Republic of Colombia , is a unitary constitutional republic comprising thirty-two departments. The country is located in northwestern South America, bordered to the east by Venezuela and Brazil; to the south by Ecuador and Peru; to the north by the Caribbean Sea; to the...

 Guatemala
Guatemala
Guatemala is a country in Central America bordered by Mexico to the north and west, the Pacific Ocean to the southwest, Belize to the northeast, the Caribbean to the east, and Honduras and El Salvador to the southeast...

 Ecuador
Ecuador
Ecuador , officially the Republic of Ecuador is a representative democratic republic in South America, bordered by Colombia on the north, Peru on the east and south, and by the Pacific Ocean to the west. It is one of only two countries in South America, along with Chile, that do not have a border...

 Peru
Peru
Peru , officially the Republic of Peru , is a country in western South America. It is bordered on the north by Ecuador and Colombia, on the east by Brazil, on the southeast by Bolivia, on the south by Chile, and on the west by the Pacific Ocean....

 Thailand
Thailand
Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...

 Venezuela
Venezuela
Venezuela , officially called the Bolivarian Republic of Venezuela , is a tropical country on the northern coast of South America. It borders Colombia to the west, Guyana to the east, and Brazil to the south...

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