Medellin-based ISA – principal operator of Colombia’s national electric power transmission grid and the “XM’ power trading network,  as well as operating toll-road concessions internationally – announced March 1 that its full-year 2015 net income rose 37.6% year-on-year (y-o-y) to COP701 trillion (US$219 million), an all-time record.

Medellin-based Mineros SA – a 100% Colombian-owned pioneer in novel alluvial mining of gold – on March 1 announced that its net profits for full-year 2015 rose 60.3% year-on-year (y-o-y), to COP72.8 billion (US$22 million), despite a small reduction in total gold produced.

Medellin-based multinational food producer Grupo Nutresa announced February 26 that its full-year 2015 earnings before interest, taxes, depreciation and amortization (EBITDA) rose 16.7% year-on-year, to COP975.5 billion (US$293 million) on sales of COP7.9 trillion (US$2.9 billion), up 22.6%.

Medellin-based multinational cement producer Cementos Argos announced February 24 that its fourth-quarter (4Q) 2015 corporate-wide earnings before interest, taxes, depreciation and amortization (EBIDTA) jumped 123% year-on-year (y-o-y), to COP409 billion (US$123.6 million).

The Chamber of Commerce of Medellin for Antioquia (CCMA in Spanish initials) announced February 23 that it expects the Antioquia departmental economy to grow by about 3.3% this year, down from 3.6% in 2015.

Medellin-based insurance, pension-fund and banking-investor giant Grupo Sura announced February 24 that its full-year 2015 gross income rose 17% year-on-year, to COP8.47 trillion (US$2.6 billion), while net income came-in at COP533 billion (US$165 million).

New York’s world-famous Mount Sinai Hospital announced February 18 that it has finalized a “clinical alliance” deal with Medellin-based San Vicente Fundacion (SVF), aiming to “transform access to health care for communities within Latin America.”

The latest annual “joint industrial opinion survey” (JIOS) organized by Medellin-based Andi (Colombia’s national industrial trade association) shows that Colombia’s industrial sector continued to grow in 2015 despite the global oil-price crash that has crippled its oil-dependent neighbors.

Toronto-based Continental Gold announced February 10 that a new Colombia Constitutional Court ruling that bans mining in the high-elevation “paramo” wetlands won’t affect its big gold-mining development project in Buritica, Antioquia.

Among major events upcoming at Medellin’s Plaza Mayor convention center this year are the ExpoInmobiliaria real-estate fair February 26-28, the Global Entrepreneurship Congress (GEC) March 14-17, and the World Economic Forum (WEF) June 16-17.