March 7, 2026
Health & Insurance.

Colombia’s Sura, Sanitas, Compensar EPS Networks Warn Health Ministry of Imminent Financial ‘Collapse’

Medellin-based private-sector health-network provider EPS Sura along with EPS Sanitas and Compensar EPS jointly announced in a new letter to Colombia Health Minister Guillermo Alfonso Jaramillo (see photo, above) that they face shut-down as early as late September unless the Health Ministry takes urgent measures to shore-up their deteriorating financial situations. If
Business Companies

IMSA 2Q 2023 Net Profits Soar Year-on-Year

Medellin-based food additives, chemical-composites and consumer/industrial products maker Grupo IMSA announced August 14 that its second quarter (2Q) 2023 profits hit COP$47 billion (US$11.4 million), up from COP$2.3 billion (US$560,000) in 2Q 2022. Revenues also rose, to COP$254 billion (US$62 million), versus COP$180 billion (US$44 million) in 2Q 2022, according to IMSA.
Business Companies

Enka 2Q 2023 Net Income Jumps 61% Year-on-Year

Medellin-based textiles and waste-plastics recycling specialist Enka announced August 11 that its second quarter (2Q) 2023 net income rose 61% year-on-year, to COP$10.5 billion (US$2.6 million). However, earnings before interest, taxes, depreciation and amortization (EBITDA) fell by 21%, to COP$12.6 billion (US$3.1 million), according to the company. While the year-on-year