March 10, 2026
Companies

Fabricato 2Q 2019 Net Loss Worsens; Joins Coltejer in Textile Market ‘Diagnosis’

Medellin Herald
Medellin-based textile giant Fabricato announced August 1 that its second quarter (2Q) 2019 net loss hit COP$12.7 billion (US$3.8 million), 70% worse than the COP$7.4 billion (US$2.2 million) net loss in 2Q 2018. On a parallel front, Fabricato and its manufacturing neighbor – Medellin-based textile giant Coltejer — simultaneously announced that they’re cooperating on
Companies

Nutresa First-Half 2019 Profits Rise 14.6% Year-on-Year

Medellin Herald
Medellin-based multinational foods giant Nutresa announced July 26 that its first half (1H) 2019 net income rose 14.6% year-on-year, to COP$2.5 trillion (US$759 million). Consolidated sales also rose by 7.4% year-on-year, according to the company. “Colombia [revenues] continue with a positive performance, at COP$2.9 trillion [US$880 million], representing 62.7% of total
Infrastructure

Antioquia’s ‘Mar 2’ Highway to Atlantic Ports Wins Financing; ‘Sinifana’ Tunnel Makes Progress

Medellin Herald
Colombia’s national infrastructure agency (Agencia Nacional de Infraestructura, ANI) announced July 31 that the 254-kilometers-long “Mar 2” highway project connecting Medellin to new Atlantic ports just won financial close. According to ANI, the project got US$652 million in finance from three sources: China Development Bank (US$418 million), Sumitomo Mitsui Banking (US$84

Post Gallery

Medellin Herald: Find news, information, reviews and opinion on business, events, conferences, congresses, education, real estate, investing, retiring and more.

medellin.herald@gmail.com

COL (4) 386 06 27

USA (1) 305 517 76 35

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.

 

Medellin Herald welcomes your editorial contributions, comments and story-idea suggestions. Send us a message using the “contact” section.