Indeco SA is a Peru-based company primarily engaged in the manufacture of cables. The Company’s product portfolio includes uncoated copper conductors, magnetic and construction wires, medium and low-voltage, as well as telecommunication and industry cables and wires. The Company also manufactures electronic conductors and industrial chemical products, and offers related technical support services. Indeco SA is a supplier of cables for the public electricity and telecommunication infrastructure, the civil construction sector, as well as mining and petroleum industries. Indeco SA belongs to the group of companies, together with Madeco SA, Decker-Indelqui and Ficap. Indeco SA is an indirect subsidiary of France-based Nexans SA, through Invercable SA, which holds 100% of the Company's shares.
Workers of Peru announce strike (see report in spanish) because managers of the indirect subsidary of Nexans SA do not accept improve working conditions for workers. The managers are: