C.V.G. Aluminio del Caroní S.A., known as Alcasa, is a state-owned aluminium producer in Venezuela. Founded in 1960, it began operations in 1967.[1] It is part of the Corporación Venezolana de Guayana mining company, and one of the world's largest aluminium producers. In 1999, it had around 9000 employees.[2]
The Venezuelan government had sought to privatize Alcasa in 1998,[3] but the investors pulled out citing world market conditions.[2]
In 2005, the BBC reported that Alcasa had instituted a "co-management" initiative, with workers electing managers and participating in the budgeting process, as well as being involved in decisions on technical issues related to production.[4] The experience was evaluated negatively by President Nicolás Maduro in 2013: "The model of worker control failed in Guayana, it never existed; neither control nor worker."[5]
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