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Merco Ranking: Medellin-Based Corporations Best in Colombia

Published in general news Written by  November 02 2015 font size decrease font size increase font size 0
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Spain-based corporate-reputation analyst Merco found in a new survey and study that Medellin-based Grupo Bancolombia is now the highest-ranked company in Colombia -- and led by Colombia’s best corporate leader: Carlos Raúl Yepes (see photo, above).

In the latest study, banking giant Bancolombia leaped over Colombian national oil company Ecopetrol to take first place over-all in the survey.

Second to Bancolombia in Merco’s study of national corporate reputation is Medellin-based food manufacturer Grupo Nutresa.

Among Colombia’s top-10 corporate leaders (besides Bancolombia’s Yepes) are six other Medellin-based executives, including Arturo Calle (of clothing retailer Comercializadora Arturo Calle); David Bojanini (of insurance giant Grupo Sura); Carlos Mario Giraldo (of chain retailer Grupo Exito); Carlos Ignacio Gallego Palacio (of food giant Grupo Nutresa); and Jose Alberto Velez Cadavid (of cement giant Grupo Argos).

The findings in the eighth edition of the Merco study are based on a survey of nearly 1,000 top Colombian executives, more than 400 independent observers (including financial industry analysts, consumer groups, financial journalists, human-rights advocates and union leaders), and more than 25,000 total ratings, according to Merco.

Among other Medellin-based companies that ranked in the top-10 of the latest Merco study include public-utilities giant EPM, insurance giant Grupo Sura, chain retailer Grupo Exito and cement producer Cementos Argos.

Rounding out the top-25 companies include Medellin-based power giants ISA (15th place) and Isagen (16); public-transport operator Metro de Medellin (18); and metro-Medellin appliance manufacturer Industrias Haceb (24).

Other Medellin-based companies in the top-100 include telecom-internet giant UNE (33); soft-drink giant Postobon (37); conglomerate Grupo Orbis (45); clothing retailer Comercializadora Arturo Calle (50); paper-products giant Grupo Familia (60); Hospital Pablo Tobon Uribe (63); dairy producer Colanta (67); Hospital Universitario San Vicente Fundacion (69); automotive assembler Renault-Sofasa (74); pension-fund administrator AFP Proteccion (75); power producer Celsia (84); women’s-wear manufacturer Leonisa (92); and residential/commercial builder Conconcreto (93).

 The Merco rankings are based upon corporate financial results, corporate stability, quality of corporate information, quality of products and services, brand recognition and prestige, and ethical/professional reputation.

Read 3426 times Last modified on Last modified on November 02 2015

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Medellin Herald is a locally produced, English-language news and advisory service uniquely focused upon a more-mature audience of visitors, investors, conference and trade-show attendees, property buyers, expats, retirees, volunteers and nature lovers.

U.S. native Roberto Peckham, who founded Medellin Herald in 2015, has been residing in metro Medellin since 2005 and has traveled regularly and extensively throughout Colombia since 1981.

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