Corporacion Ucem S.a. - UCEM- Profile

Corporacion UCEM S.A. has divided its operations into five main areas: office equipment, the locksmith trade, the transformation of metals, leisure and tourism and real estate. Its principal subsidiaries include: "Roneo Associados S.A." (production, distribution and installation of office equipment, including computer casings); "Kurcasino S.A.", "Markusa" and "Zubingora" (offering leisure facilities, supplying amusement machines and operating bingo halls); "El Nuevo Gran Casino Kuraal de San Sebastian" (involved in the casino and gambling business) and Corporacion UCEM S.A. (involved in real estate operations). During 1994 the Company sold or liquidated the following subsidiaries: "Transformados Metalicos UCEM SA", "UCEM Cerrajera SA", "Cigarrola Mobiliaria SA" and "Tivaygasa".