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After Reporting Record Q1 2022 Results, Tecnoglass Announces Move From NASDAQ To NYSE

The manufacturer announced their backlog has expanded 17.9% Year-Over-Year to a Record $651 Million USD
Posted On May 12, 2022
, By Loren Moss
Lafrancol is owned by global pharma firm Abbott Labs, and has taken down its website.
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Colombian Government Fines Abbott Laboratories’ Lafrancol Unit For Price Gouging

The international pharma company was charging Colombians over 400% of the maximum legal price for several vital medicines.
Posted On April 4, 2022
, By Loren Moss
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Ecopetrol 2021 Revenues Up 83.4% Over 2020

4th quarter consolidated revenue amounted to COP 31.8 trillion, net income of COP 6.1 trillion, and EBITDA of COP 14.0 trillion with an EBITDA margin of 44%
Posted On March 2, 2022
, By Loren Moss
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Fitch Keeps Ecopetrol S.A. At BB+ With A Stable Outlook

Fitch highlighted the company's linkage to the Republic of Colombia, which currently owns 88.5% of the voting shares, as well as the strategic importance of the company for the country.
Posted On December 14, 2021
, By Loren Moss
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Avianca Set To Become United Kingdom Domiciled Airline

The airline will change its name to Avianca Group International Ltd. once its principal domicile is established in the UK.
Posted On November 12, 2021
, By Editorial Staff
Felipe Bayon Ecopetrol Colombia Oil
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Ecopetrol Reports Best Quarterly Reports In The Past Decade

With the culmination of the purchase of a controlling 51.4% stake in Interconexión Eléctrica ("ISA"), the quarterly figures include the consolidated results of this subsidiary for one month.
Posted On November 9, 2021
, By Loren Moss
Copa Aircraft
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Copa To Re-Launch Flights Between Cúcuta, Colombia & Panamá City, Panamá

The three weekly redeye flights will begin December 6th and tickets are on sale now. Cúcuta is Colombia's largest city on the Venezuelan border. The airport code is CUC.
Posted On September 8, 2021
, By Loren Moss
1

Avianca Shares Plunge Towards Zero As Bankruptcy Exit Hearing Nears

The value of the shares would be reduced to 0 due to the decrease in equity attributable to the Debtors’ liabilities to third parties and creditors, as well as the injection of capital by new investors pursuant to the Chapter 11 plan.
Posted On September 7, 2021
, By Loren Moss
Ecopetrol Huila colloidal dispersion gels injection plant (CDG) in its Dina Cretaceous field
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S&P Reaffirms Ecopetrol At BB+ After ISA Acquisition

S&P left Ecopetrol's individual standalone credit rating at 'bbb- ' with stable outlook, the company announced last week, after its acquisition of electrical grid operator ISA.
Posted On August 26, 2021
, By Loren Moss
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EPAM Systems Acquires Bogotá-Based Software Developers S4N

With the addition of the S4N team, EPAM now employs more than 1,500 IT professionals in LatAm and plans to add several thousand additional jobs over the coming years.
Posted On August 14, 2021
, By Loren Moss
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