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November Sunday

Cuba Keeps Approving Private Companies

Havana, Oct 20 (ACN) The Cuban Economy and Planning Ministry approved another 27 new micro, small and medium companies and a cooperative just a month after legal norms went into effect about the adoption of the new enterprises.

In all the Cuban government has approved 234 enterprises, out of which 227 are private businesses and seven are state-owned.

The new companies will operate in different economic fields, particularly in food production, though some are dedicated to construction materials, furniture, textiles, information technologies, recycling and others.

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