17 EXAMPLES OF JOINT VENTURES - CULTURE VOCABULARY - 2025

Some examples of joint ventures are ARCOR, Iberia and Red Eléctrica de España. In a joint venture, your capital comes from state funds and private funds.

The integration ratios of these funds do not allow public control of the company, but do guarantee certain subsidies.

There are a large number of joint ventures in the world, especially those that require a large investment, such as companies related to energy resources.

These companies, for reasons of sovereignty, have a part of their capital made up of State investment.

Many companies that were totally public, when being partially privatized, become mixed.

17 outstanding examples of joint ventures

1- ARCOR

It is the world's leading producer of sweets, a leader in the manufacture of chocolates in Latin America, and the main exporter of sweets in Mercosur.

It has Argentine capital, has 31 factories and 13,000 employees, and exports its products to more than 100 countries around the world.

2- Iberia

The Spanish airline was founded with public capital and was later partially privatized.

3- Red Eléctrica de España

The Spanish energy company retains 20% of public capital, and the rest is private.

4- Agroindustrias Inca Peru EIRL

This company is dedicated to the production of olives and frozen vegetables.

5- Acandí Mixed Services Administration Company

It is the Colombian company for waste disposal and sewage sanitation.

6- Mixed Companies of the Orinoco Oil Belt

Venezuelan consortium created between the state and various transnational corporations for the exploitation of hydrocarbons.

7- Shang Heber

Chinese-Cuban company for the production of liquid interferon, product of the union of Heber-Biotic SA and the Institute of Biological Products Shangchun.

8- PetroCanada

It is a Canadian hydrocarbon company whose capital is 60% public and 40% private.

9- Invania

Argentine-Saudi company, created in 2015. It develops specialized technology in what concerns nuclear energy.

10- Edemet (Metro-Oeste Electric Distribution Company)

The shareholders of this company are the Republic of Panama and Distribuidora del Caribe. It is a 100% subsidiary of the Spanish Gas Natural Fenosa.

11- Cenace (National Center for Energy Control of Ecuador)

It is a mixed company that provides electric service in Ecuador.

12- AES Panama

It is the largest electricity generator in Panama. It is a subsidiary of the US group AES Corp. It was formed with the merger of the Chiquirí Electric Generation Company and the Bayano Electric Generation Company.

13- Termopichincha Electric Corporation

This company is dedicated to the generation of diversified electricity. It is controlled by the Electric Corporation of Ecuador.

14- Petroterminal of Panama

This is a joint venture formed by the government of Panama and private investors. It is managed by Northville Industries Inc. It is dedicated to the storage of petroleum. It is based in Melville, New York.

15- Rosario Mixed Transportation Company

It is a public-private association in which 95% of the capital belongs to the municipality of Rosario (Argentina) and 5% to private investors. It is dedicated to the transport of passengers and has several transport lines.

16- ENEL Fortuna

It is a Panamanian hydroelectric generating company. Its main activity is the operation of a 300 MW plant on the Chiriquí River.

This plant contributes 23% of the total capacity of the country. It also sells energy and power to other distribution companies in Panama, and to other Central American countries.

17- Pacifictel

Mixed telecommunications company of Ecuador.

References

1. “Joint, public and private companies: definition and examples” in Tumaster (September 2015). Recovered in September 2017 in Tumaster from: carreraempresa.tumaster.com
2. "30 examples of joint ventures" in Examples. Recovered in September 2017 in Examples from: examples.co
3. "Arcor: Company information" at Universidad de Palermo. Retrieved in September 2017 at the University of Palermo at: fido.palermo.edu
4. "National Telecommunications Corporation" in Wikipedia. Retrieved in September 2017 from Wikipedia at: es.wikipedia.org
5. "Petroterminal de Panamá SA" at Bnamericas. Recovered in September 2017 in Bnamericas from: bnamericas.com