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GrupoNueva: A new frontier in responsibility

By Alison Maitland

Published: November 29 2004 07:36 | Last updated: November 29 2004 07:37

GrupoNueva wants to make money out of the world’s poor. The South American manufacturer of wood products and water pipelines plans to raise part of its future revenues by designing and selling affordable products that serve this vast but overlooked segment of the population.

It is an unusual move but GrupoNueva is an unusual company aiming to be a model of how profitability and corporate responsibility can go hand in hand.

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