December 11, 2025
Business Companies

Sura’s ‘Protección’ Subsidiary Sells El Salvador Operations for US$60 Million

Medellin Herald
Medellin-based insurance/pensions/health-care multinational Grupo Sura announced February 15 that its pensions subsidiary Protección just inked a deal to sell its El Salvador financial subsidiary, Pension Funds Crecer. The US$60 million deal means that Protección “will dispose of all the shares it owns in administrator of pension-funds administrator Crecer S.A.,” according
Business Companies

Fabicato Denounces Denim Contraband, But Nixes Erroneous ‘Bankruptcy’ Report

Medellin Herald
The president of Medellin-based textile giant Fabricato SA on January 30 publicly denounced growing, apparently illegal denim-fabric smuggling into Colombia – which helps explain why the company has already slashed its own denim production by almost 80%. In a filing with Colombia’s Superfinanciera corporate oversight agency, Fabricato President Gustavo Alberto Lenis
Culture Medellin + Antioquia news

Amazing Work of Art in Venecia, Antioquia: Colossal, Folkloric, Quixotic

Medellin Herald
Medellin-based professional architect Luis Fernando Betancur has over the last 18 years gradually developed what can only be described as an astonishing work of art — delighting thousands of visitors to the Santuario de San Jose church in Venecia, Antioquia (about two-hours-drive southwest of Medellin). This world-record, 260-square-meters work-of-art in the
Business Companies

EPM Must Pay US$196 Million for 2018 Hidroituango Tunnel Collapse Damages: Arbitrators

Medellin Herald
A special arbitration panel at the Medellin Chamber of Commerce has just ordered Medellin-based utilities giant EPM to pay COP$781 billion (US$196 million) to the major owners of the US$5 billion, 2.4-gigawatt “Hidroituango” hydroelectric project here in Antioquia. The ruling is a big win for the Antioquia departmental government and its development agency (IDEA) who […]

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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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