Agroaldea
Industry cooperative lagunera, built with public support, It has been alienated for signature Cereals Archipelago, in a minority participating entity presiding Pedro Molina.
Sociedad Cooperativa del Campo La Candelaria, entity linked to the local primary sector, based in La Laguna, Pedro Molina holds whose presidency, (Agate also holds, among other organizations), He sold its feed mill he bought the corporation Cereals Archipelago, commercial created in January 2014 and registered in the corresponding register dated 13 that same year.
The paid up share capital for the creation of cereals amounted to Archipelago 320.000 euros and in the register contained the cooperative La Candelaria as a minority shareholder, that is, without control (more than the 50% of shares) of the new company created specifically for the purchase of industrial assets reviewed and subsequent commercial exploitation.
The business operation is raised to avoid bankruptcy of the Candelaria, He was paid with a mortgage of about four million and around 2,5 They went to cancel a debt of the cooperative with the lender, so only 1,5 million sale are supposedly reach the box cooperative.
The nominal value of the asset disposed has been 'the crown jewel' of said cooperative (its most valuable property), i.e., modern feed mill located in the Los Rodeos, near the Matadero Insular de Tenerife, He reached around four million euros.
Of the four million euros, the bank was left with a 2,5 which was the cooperative, the value of a liability of this organization that was supposedly already expired. Then, the bank transferred, or is pending to do so in full (that the sources of this particular pose two options), the 1,5 million remaining to the bank account of Cooperativa La Candelaria.
As they pointed out this operation knowledgeable agents disposal, the entity has used those funds to pay creditors as many, including the increasingly farmers on the island (preferential payment) still deliver milk to the cooperative for processing, almost always, in cheesemaking Benijos (La Orotava), since the factory Teisol (St. Ursula) It is in terminal phase, almost settled and pending new tenant, if the council can get.
In this days, staff Cooperativa La Candelaria has come to Tenerife's cattle farms to offer as a buyer of raw cow milk price 0,51 euros per liter, for further processing into cheese in installing Benijos.
They have also been paid back wages thanks to that gift liquidity. Nevertheless, there is still a pending monthly subscription to the staff of such cooperatives and, According to sources of workers, the fear remains that another record of employment regulation is activated shortly (ALSO).
Authorization for the sale of the feed mill was presented on the agenda of a meeting of the Cooperative Society La Candelaria convened in late April this year. This was controversial since many of the partners said they had been summoned (the most critical to the management of this organization by the president's team, Pedro Molina).
These partners complain that this operation has led the Cooperative has lost full control of such an important means of production, a constructed community with the support of public funds and canaries installation, over the island, to have a minority stake in the corporation Cereals Archipelago.
In addition to the cooperative, Cereals are also part of Archipelago legal persons linked to local livestock, especially the production of chicken eggs (filed two farms in northern) and beef almost always imported animals and then fattened on farms Tenerife. The share capital has been used to finance the purchase of inputs, especially Millo, so as to bring the factory to produce feed with criteria of efficiency and liquidity available.
Critics partners, it seems that some company shares Cereals archipelago is linked to local leaders of the agricultural sector and regional level public offices.