The brothers were arrested in São Paulo on charges related to fraud in the contracts between the Transpetro subsidiary of Petrobras and the Efromovich brothers’ Estaleiro Ilha S.A. (EISA) shipyard in Brazil.
Viva Air CEO Felix Antelo, a native of Argentina himself, has stated publicly that the airline expects to connect North & South America “from Buenos Aires to New York” through its Medellín hub.
After manufacturing, the units had to be shipped from Santos, Brazil to Colombian ports in the Caribbean, then deployed over roads as oversized cargo to the rural site of the Hidroituango hydroelectric dam in northern Antioquia.
Former Avianca chairman Germán Efromovich along with his brother José have been arrested in Brazil on charges of bribery and corruption as part of the Lava Jato investigation.
As Colombia’s government, apparently allied with sometimes violent taxi syndicates runs off mobility providers such as Uber and domestic company Picap, electric scooter provider Lime has announced that it is also abandoning its Bogotá foothold in a blog post by its CEO. This...
Bogotá continues to consolidate itself as a leader in the high end office market according to a study performed by global real estate firm Cushman & Wakefield. According to the study, Bogotá comes in second, just after Santiago de Chile, with 167 m2 of class A space per 1,000...
Colombian state-controlled oil company Ecopetrol (NYSE: EC) (BVC: ECOPETROL) was among the exploration block winners today at an auction in Brazil and now holds the rights to a portion of the oil extracted from the Santos basin off the coast of South America’s largest...