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//medellin
Viva Air flight 8274 To Cali
2

Viva Air Receives Enthusiastic Welcome Upon Its Return To Cali, Colombia

Low-cost airline Viva Air inaugurated its return to Cali last week with new flights between Cali and Medellín, Cartagena, and San Andrés.
Posted On February 8, 2020
, By Loren Moss
left to right: Carlos Moreno, Latam Regional CFO of LafargeHolcim, Jochen Werling, Group CIO LafargeHolcim, Anibal Gaviria Correa, Governor of Antioquia, Daniel Quintero Calle, Mayor of Medellin and Alejandro Carballido Americas Digital Center Head LafargeHolcim.
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LafargeHolcim Expands Shared Services Center in Medellín: 1,000 New Tech Jobs

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.
Posted On January 29, 2020
, By Loren Moss
2

Guest Opinion: A Signal of Caution For Direct Investment in Colombia—Über VP of Global Public Policy

Über's Vice President Justin Kintz shares thoughts on the disappointing environment in Colombia for ride-sharing & alternative transportation methods.
Posted On January 16, 2020
, By Justin Kintz
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Spirit Airlines Adds Flights Connecting Bucaramanga & Barranquilla To The US

Spirit Airlines (NYSE:SAVE) has announced the addition of two new destinations to its network in 2020, with service to Bucaramanga (BGA) and Barranquilla (BAQ) Colombia starting in April, subject to regulatory approval. Spirit flew its first flight to Colombia in May 2008,...
Posted On January 13, 2020
, By Loren Moss
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Apparently At War With Alternative Transportation, Duque Administration Orders Liquidation of Picap Ride Hailing Service

Almost simultaneously with a ruling against Uber, Supertransporte, the enforcement organ of Colombia’s Ministry of Transportation (above photo) has ordered the liquidation of CAP Technologies S.A.S.; the company behind the Picap brand of mobility, a local alternative to Uber. In...
Posted On January 11, 2020
, By Loren Moss
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Interview: Ad Mogul Kevin Roberts Talks About Exploring Colombia, Lovemarks & The Coming Death of Agencies

Finance Colombia’s Executive Editor Loren Moss was fortunate enough to sit down with Kevin Roberts when he was in Colombia for the WOBI World Leadership Forum last month. Kevin is the former chairman of global advertising agency Saatchi & Saatchi where he invente...
Posted On January 6, 2020
, By Loren Moss
One of several roller coasters at Parque del Cafe in Colombia's Eje Cafetero (Photo credit: Liliana Padierna)
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4 Attractive Colombian Business Locations You’ve Probably Overlooked

Colombia’s economy continues to grow, and the country attracts more foreign direct investment every year. Just this October, over a billion US dollars in FDI was announced at investment Promotion Agency ProColombia’s 2019 Investment Summit. Colombia’s capital of 9 million souls,...
Posted On January 4, 2020
, By Loren Moss
Jorge Londoño De la Cuesta is the former CEO of EPM
1

CEO Jorge Londoño Resigns From EPM

Finance Colombia has learned that Jorge Londoño De la Cuesta has resigned his post as head of Empresas Públicas de Medellín (EPM), the country’s largest energy provider. Though it was expected De la Cuesta would be replaced by the incoming administration of mayor-elect Daniel...
Posted On December 30, 2019
, By Loren Moss
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GoldMining Closes On Acquisition of Yarumalito Gold Project

Vancouver based GoldMining Inc. (TSX: GOLD; OTCQX: GLDLF) has completed its indirect acquisition of the Yarumalito Gold Project located in Antioquia, Colombia. A GoldMining indirect subsidiary paid $200,000 CAD in cash and delivered 1,118,359 newly issued common shares of...
Posted On December 23, 2019
, By Loren Moss
Bancolombia in Medellín, Colombia.
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Bancolombia’s Proposed Tier 2 Subordinated Notes Rated Ba3(hyb) By Moody’s

Moody’s Investors Service has assigned a Ba3(hyb) rating to the proposed US Dollar-denominated contractual non-viability Tier 2 subordinated notes to be issued by Bancolombia S.A. (NYSE:CIB) of Medellín, Colombia. The notes will be due in 2029. The capital securities are...
Posted On December 22, 2019
, By Loren Moss
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