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...Franco seemed to be playing no favorites. Among those caught were such men as the powerful Conde de Arteche, chairman of the Banco de Bilbao, and Juan March, one of the world's richest men. Also involved were Franco-sponsored organizations, such as the giant Institute Nacional de Industria, which controls everything from airlines to steel mills...

Author: /time Magazine | Title: SPAIN: Case of the Fugitive Treasure | 12/29/1958 | See Source »

...hustling textile salesman, first working for Italy's Cascagni Seta mills, where, at 23, he was manager of all the company's mills in Czarist Russia, later as boss of his own worldwide trade corporation. In 1929 Marinotti got a distress call from Societá Nazionale Industria Applicazione Viscosa, onetime shipping company turned textile manufacturer. Snia Viscosa, overcapitalized and overinflated at the 1929 crash, had all but collapsed...

Author: /time Magazine | Title: BUSINESS ABROAD: $500 Million Sideline | 8/5/1957 | See Source »

...Ebro Valley, although no oil in quantity has ever been found in Spain. The group, which includes Delhi Oil and famed Geologist Everette de Golyer (TIME, April 3, 1944 et seq.), has put up $1,000,000 as a starter, while the state's Institute Nacional de Industria, has put up the same amount. If oil is found, the Spanish government will get 3%, while the American group and the Institute Nacional will split the remainder, one of the most favorable foreign deals U.S. oilmen have made in recent years. Said De Golyer: "This is real wildcatting, as wild...

Author: /time Magazine | Title: Business & Finance: Real Wildcatting | 9/22/1952 | See Source »

...help build and operate a refinery in Spain, near Cartagena, at a cost of around $18 million. Caltex would put up part of the money, and own 24%. The rest would be 24% owned by Cepsa, the state oil monopoly, and 52% by another state company, Institute Nacional de Industria...

Author: /time Magazine | Title: OIL: Help for Spain | 10/4/1948 | See Source »

Snia Viscosa (Societa Nazionale Industria Applicazioni Viscosa) is one of the world's great makers of synthetic fibres, employs 14,000 workers in 16 factories scattered over Italy. Long a rayon producer, Snia Viscosa also markets Snia-fiocco, fibre made from wood pulp (TIME, Nov. 5, 1934). Snia Viscosa's newest concoction is fibre made from milk, which it calls lanital and claims is equal in appearance and quality to wool. Princess Caetani calls herself lanital's "social representative" in the U. S. A familiar milk product is casein, of which in the U. S, alone...

Author: /time Magazine | Title: Business: Lanital | 12/6/1937 | See Source »

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