History
The company has its origins in the early 1950s, when the paper mill of Cacia, Baixo Vouga, started its operations. After the Carnation Revolution in 1974, the Portuguese paper industry was nationalized and became highly subsidized by State funds. Portucel Soporcel remained well after the privatization of the company to Semapa in 2004, as one of the largest beneficiaries of state business grants and incentives due to its strategic interest for both Portugal's exportation and local eucalyptus economies.
Read more about this topic: Portucel Soporcel
Famous quotes containing the word history:
“No event in American history is more misunderstood than the Vietnam War. It was misreported then, and it is misremembered now.”
—Richard M. Nixon (b. 1913)
“In history an additional result is commonly produced by human actions beyond that which they aim at and obtain—that which they immediately recognize and desire. They gratify their own interest; but something further is thereby accomplished, latent in the actions in question, though not present to their consciousness, and not included in their design.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“A poet’s object is not to tell what actually happened but what could or would happen either probably or inevitably.... For this reason poetry is something more scientific and serious than history, because poetry tends to give general truths while history gives particular facts.”
—Aristotle (384–323 B.C.)