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Month

//February 2021
Image from Twitter account of Ecuatoriana Airlines @EcuatorianaAir1
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Avianca Denies Boarding To President of New Ecuador Airlines

Finance Colombia reached out to multiple contacts within Avianca for comments or clarification but received no response. Torre El Dorado indicates that likewise, it has received only silence from the Bogotá based airline.
Posted On February 16, 2021
, By Loren Moss
Photo courtesy of Copa Airlines
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Copa Airlines Reports $168.8 Million USD Loss For Q4 2020

For the full year 2020, Copa Holdings reported a net loss of $598.6 million, or $14.08 per share. Excluding special items, the airline would have reported a net loss of $259.5 million, or $6.11 per share. Special items for the full year include a $191.2 million in total...
Posted On February 12, 2021
, By Loren Moss
Pricesmart COVID temperature thermometer
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PriceSmart Announces January Sales Up 5.2%, Also Declares Dividend & Names New Directors

The company also plans to open new warehouse clubs in Guatemala City, Guatemala and Bucaramanga, Colombia in the fall of 2021, and in Portmore, Jamaica in the spring of 2022. Once these three new clubs are open, the company will operate 50 warehouse clubs.
Posted On February 12, 2021
, By Loren Moss
SINPRO President Olga Lucia Arango
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SINPRO, EPM’s Largest Labor Union Warns The Battles Between Medellín’s Mayor & EPM’s Former GM Are Hurting The Utility Conglomerate

Olga Lucia Arango, president of SINPRO, EPM's largest labor union, expresses in a letter shared with Finance Colombia, the union's grave concerns with the behavior of, and public battle between Medellín Mayor Daniel Quintero and EPM former GM Alvaró Rendón, who was both hired...
Posted On February 12, 2021
, By Loren Moss
Mineros Atico El Roble Chocó Mine mina
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Atico Mining Announces Q4 Results Were Down, But 2020 Annual Results Were Positive For El Roble Copper & Gold Mine In Chocó, Colombia

The El Roble mine is a high grade, underground copper and gold mine with nominal processing plant capacity of 1,000 tons per day, located in the Department of Choco in Colombia. Its commercial product is a copper-gold concentrate.
Posted On February 12, 2021
, By Loren Moss
Tecnoglass Barranquilla plant
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Tecnoglass To Release 2020 Full Year & Q4 Results March 2: Here’s How To Participate In The Conference Call

Tecnoglass' tailored, high-end products are found on some of the world's most distinctive properties, including the El Dorado Airport (Bogota), United Nations Plaza (New York), Icon Bay (Miami), and Salesforce Tower (San Francisco).
Posted On February 12, 2021
, By Loren Moss
ProcessMaker is a no-code/low-code open-source process automation platform founded two decades ago by Bobby Vernon and Brian Reale
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Bogotá’s ProcessMaker Raises $45 Million USD Series A Funding From Aldrich Capital

Aldrich invested in ProcessMaker because it is a highly capital efficient founder-run business that has a respected global brand. ProcessMaker is a market innovator that has proven that it knows how to be profitable and thrive even during a once in a century world-wide pandemic....
Posted On February 12, 2021
, By Loren Moss
Image courtesy Fiscalia de Colombia
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Duque Administration Intentionally Failing To Prevent Human Rights Murders, Says Human Rights Watch

“Unless the government takes serious action, many more human rights defenders are likely to be killed, leaving hundreds of vulnerable communities undefended,” Vivanco said.
Posted On February 11, 2021
, By Loren Moss
Rendition showing fully expanded Puerto Solo Energy Hub Port Complex to be built in Buenaventura, Colombia
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SeaOne To Build New Natural Gas Port & Infrastructure In Buenaventura, Colombia

The Puerto Solo Energy Hub Port Complex intends to facilitate international trade by receiving and delivering imported natural gas to the Pacific region of Colombia, providing storage and pipeline infrastructure to store and deliver 1.8 million barrels of fuel into the Colombian...
Posted On February 11, 2021
, By Loren Moss
Parque Caracolí mall in Floridablanca, Colombia, near Bucaramanga, Santander
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Viva Air Continues Expansion With 3 New Routes From Medellín & Bogotá To Bucaramanga & Cúcuta

Viva Air has announced two new domestic routes between its Medellín hub and Colombia’s eastern cities of Cúcuta and Bucaramanga, and one new route between Bogotá and Bucaramanga.
Posted On February 10, 2021
, By Loren Moss
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