Health & Insurance.

Colombia Exceeding 1 Million Covid-19 Vaccinations This Week; April Surge Coming

Medellin Herald March 15, 2021

Colombia Health Minister Fernando Ruiz revealed this morning (March 15) that more than 1 million people nationally will have received their first shot of Covid-19 vaccine this week, with 1.8 million likely by end-March. As of March 13, 782,301 Colombians had gotten a Covid-19 shot since the

Other Norms

Update: Migracion Colombia Awaits Health Ministry Order Overturning PCR Test Mandate for Air Travelers to Colombia

Medellin Herald March 12, 2021

Colombia’s border control agency Migracion Colombia announced March 13 that it’s still awaiting an official order from the Health Ministry that would enable immediate cancellation of the existing Covid-19 PCR test mandate for all international air passenger arrivals to Colombia. Until Migracion Colombia receives that order, arriving passengers still must pass a

Companies

Compañia de Empaques Full-Year 2020 Net Income Jumps 36% Year-on-Year

Medellin Herald March 11, 2021

Medellin-based packaging manufacturer and exporter Compañia de Empaques announced March 10 that its full-year 2020 net income rose 36% year-on-year, to COP$20 billion (US$5.7 million). Gross income in 2020 also rose to COP$478 billion (US$136 million), up from COP$457 billion (US$130 million) in 2019, according to the company. Compañia de Empaques specializes in the

Health & Insurance.

Covid-19 Vaccine Supplies Expanding Here, but Monthly Shot Rate Must Triple

Medellin Herald March 11, 2021

Colombia Health Minister Fernando Ruiz announced March 10 that pharmaceutical giant Pfizer just confirmed that Colombia will get another 2.2 million doses of its highly effective Covid-19-prevention vaccines next month (April 2021). This upcoming delivery comes on top of the nearly 1.5 million Sinovac doses received here last weekend — supplementing an earlier

Companies

U.S.-Based Intertec Expands in Medellin, Bogota; Seeks 100 Bilingual IT Pros

Medellin Herald March 10, 2021

Phoenix, Arizona-based Intertec International announced March 10 that it’s expanding operations in Medellin and Bogota, seeking 100 bilingual information technology (IT) professionals for its Colombia operations over the next nine months. According to a joint announcement from Intertec and Agencia de Cooperacion e Inversion de Medellin y el Area Metropolitana (ACI,

Companies

Mercado Libre Announces New IT Center in Medellin; 500 Tech Jobs Opening

Medellin Herald March 3, 2021

Argentina-based electronic-commerce giant Mercado Libre announced March 3 that it’s opening a new information technology (IT) center in Medellin — and expects to hire 500 technical professionals here. The new center is the company’s second in Colombia, having opened its first IT center in Bogota in 2020. As a result of the Medellin expansion, “Colombia […]

Companies

ISA Full-Year 2020 Net Income Rises 46% Year-on-Year

Medellin Herald March 3, 2021

Medellin-based multinational power transmission, highways concessions and telecom services provider ISA announced March 3 that its full-year 2020 net income rose 46.7%, to COP$646 billion (US$175 million). Earnings before interest, taxes, depreciation and amortization (EBITDA) rose 38%, to COP$1.9 trillion (US$516 million), while operating revenues rose 23%, to COP$2.16

Companies

Conconcreto Full-Year 2020 Net Income Drops 64% Year-on-Year

Medellin Herald March 1, 2021

Medellin-based construction giant Conconcreto on March 1 reported a 64% year-on-year drop in 2020 net income, to COP$23.5 billion (US$6.5 million). Earnings before interest, taxes, depreciation and amortization (EBITDA) declined 40%, to COP$102 billion (US$28 million), while revenues likewise declined by 39%, to COP$574 billion (US$158 million). Despite the decline in

Companies

Conconcreto Full-Year 2020 Net Income Drops 64% Year-on-Year

Medellin Herald March 1, 2021

Medellin-based construction giant Conconcreto on March 1 reported a 64% year-on-year drop in 2020 net income, to COP$23.5 billion (US$6.5 million). Earnings before interest, taxes, depreciation and amortization (EBITDA) declined 40%, to COP$102 billion (US$28 million), while revenues likewise declined by 39%, to COP$574 billion (US$158 million). Despite the decline in

Companies

Nutresa Full-Year 2020 Net Income Rises 14% Year-on-Year

Medellin Herald February 27, 2021

Medellin-based multinational foods giant Grupo Nutresa reported February 26 that its full-year 2020 net income rose 14.3% year-on-year, to COP$575 billion (US$158 million). Earnings before interest, taxes, depreciation and amortization (EBITDA) rose 7.2%, to COP$1.44 trillion (US$395 million), while revenue rose 11.7%, to COP$11.1 trillion (US$3.04 billion). Sales in