March 10, 2026
Grupo Orbis Full-Year 2020 Profits Improve over 2019
Companies

Grupo Orbis Full-Year 2020 Profits Improve over 2019

Medellin Herald
Medellin-based Grupo Orbis – manufacturer of “Pintuco” paints, “Andercol” packaging products, “O-Tek” water-handling systems and distributor of “Mundial” hardware products – announced March 25 that its full-year 2020 profits rose 15% year-on-year, to COP$55.7 billion (US$15 million). Gross income dipped slightly year-on-year, to COP$491 billion (US$133 million), according
Isagen Full-Year 2020 Net Income Matches 2019 Results
Companies

Isagen Full-Year 2020 Net Income Matches 2019 Results

Medellin Herald
Medellin-based electric power producer Isagen announced March 25 that its full-year 2020 net income hit COP$496 billion (US$134 million), almost even with the COP$495 billion (US$133.5 million) profit in 2019. Gross income rose less-than-1% year-on-year, to COP$3.2 trillion (US$863 million), while earnings before interest, taxes, depreciation and amortization (EBITDA)
EPM Full-Year 2020 Profits Grow 19% Over 2019
Companies

EPM Full-Year 2020 Profits Grow 19% Over 2019

Medellin Herald
Medellin-based multinational utilities giant EPM announced March 23 that its full-year 2020 profits jumped 19% year-on-year, to COP$3.7 trillion (US$1.02 billion). Earnings before interest, taxes, depreciation and amortization (EBITDA) came-in at COP$5.8 trillion (US$1.6 billion) with an EBITDA margin of 29%, “slightly below the level of 2019, caused by the increase in
Other Norms

Update: Covid-19 Resurgence Prompts ‘Pico y Cedula’ Reimposition March 25 to April 5; Booze Ban 5 pm-5 am Daily

Medellin Herald
Irresponsible behavior including reckless partying and crowding expected during “Semana Santa” in Antioquia specifically and Colombia generally just prompted Medellin and Antioquia to impose “pico y cedula” shopping restrictions starting Thursday, March 25 through Monday, April 5. Acting Antioquia Governor Luis Fernando Suárez Vélez first announced the new restrictions
Congresses & Conferences

Colombiatex / Colombiamoda to Merge in One Big Medellin Show: July 27-29, 2021

Medellin Herald
Medellin-based international textile/fashion-industry trade group Inexmoda announced March 23 that the normally separated Colombiatex and Colombiamoda fashion/textile trade shows will be merged this year into one big show July 27-29 – both in-person as well as via internet. “Through an omnichannel mode, Colombiatex+Colombiamoda will offer experiences around business,
Infrastructure

Crucial Pacifico 1-2-3 Highways to Link-Up in 2022; Toyo Tunnel at 50%; Vias del Nus at 85%

Medellin Herald
Agencia Nacional de Infraestructura (ANI, Colombia’s infrastructure agency) revealed today (March 19) that the new Pacifico 1, 2 and 3 highways linking Medellin southwestward toward the Pacific port of Buenaventura will open for traffic in 2022 — ahead of schedule. “Next year, the three Pacific highways will be in the service of a whole country,” […]

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Medellin, Antioquia, Colombia

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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