Ecuadorian 'Super' Firms Face Multi-Million Dollar Liquidations Amid Decades of Problems

An EXPRESO investigation reveals that Proinco, Vidcae, and Homes Ecuador are under pressure due to multi-million dollar liquidations, with administrators, shareholders, families, and creditors exposing decades of underlying issues. The exact scale of liabilities and the trigger for the liquidations remain unclear, but the pattern suggests systemic financial mismanagement. This matters as it signals potential corporate governance failures and economic instability in Ecuador's private sector.