Colombian presidential hopeful Sergio Fajardo is one of the defendants the comptroller held responsible in today’s ruling, along with former Medellín Mayor Federico Restrepo, former candidate Alonso Salazar, and former CEO of EPM / current CEO of Cementos Argos, Juan Esteban Calle.
City council member Daniel Carvalho has said enough is enough, and that the mayor’s mismanagement is putting Colombia’s second largest enterprise and Medellín’s single largest municipal revenue source at grave risk.
The massacres in Southeast Antioquia appear related to a confrontation between gangs associated with the Urabeños, which is also known as the Autodefensas Gaitanistas de Colombia (AGC), and the Medellin-based Oficina de Envigado. Both are looking to control local drug markets.
According to the comptroller, these 28 individuals would be responsible for economic losses exceeding $400 million USD. Among those individuals are former EPM general managers Federico Restrepo and Juan Esteban Calle; former mayors of Medellín Anibal Gaviria & Fabio Salazar, and...
Swiss cement company LafargeHolcim (SIX: CHF) has announced that it expects to invest more than 10 million dollars and generate close to 1,000 jobs in the medium term, as it expands its Shared Services operations located in the Ruta N Innovation District of Medellín, Colombia.
This week, the city of Medellin held the pre-event kickoff for the upcoming Cities For Life Global Meeting 2015, to take place this August 31 to September 1st in Plaza Mayor, the city’s flagship convention center. Cities for Life will bring more than 40 experts from around the...
Medellín has come a long way from its notorious and rapidly receeding past decades. What is the secret to their success in turning around their urban society, shedding old manacles and gaining a reputation as one of the world’s most innovative cities? Finance Colombia recently...
How did Medellín go from being infamous as the most dangerous city on Earth to being famous as the most innovative city on Earth? The United Nations recently held a global conference in Medellín, bringing government officials from all over the world to learn from Medellin’s...