Investments and Business

Energy transition in Colombia: ‘A pact is not enough’, measures are required – Sectors – Economy

Energy transition in Colombia: ‘A pact is not enough’, measures are required – Sectors – Economy

In La Guajira, the wind speed is twice the world average, while solar radiation exceeds the world average by 66 percent. This great potential made this department become the epicenter of the energy transition of Colombia. It also attracted multiple investors who are currently developing a transmission line (Collector) and 21 wind and solar power generation projectsthat add up to 2,500 megawatts of capacity and that should be operating by the end of 2024. (Also read: 'The energy transition is in intensive care,' companies tell Petro) Today the possibilities imply that Colombia is a world power for the energy transition…
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Converse creates Pride 2023 collection in celebration of LGBTIQ+ pride month – Sectors – Economy

Converse creates Pride 2023 collection in celebration of LGBTIQ+ pride month – Sectors – Economy

Converse is a company with a long history in the industry, it was created in February 1908, in the United States, managing to have a great impact on elegance and versatility with his classic sneakers, marking various styles over the years.(Keep reading: Ultra Air enters the judicial liquidation process).In fact, his shoes have made it possible for people to create a look with garments such as jeans, tailor pants, dresses, jackets and blazers. Besides this, The company is characterized by having a social character, since he recently launched the collection proud to be, with the aim of commemorating LGBTIQ+ pride,…
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How could the sale of Success be?  Everything that is known about the millionaire business – Companies – Economy

How could the sale of Success be? Everything that is known about the millionaire business – Companies – Economy

The business world is constantly changing and evolving. In fact, the protagonists of this week are the Grupo Éxito and the Gilinski Group. We tell you what these two groups have to do with each other and why today they are part of the most important economic news in the country. (We recommend: 'We must prevent monopolies': Ministry of Finance after Gilinski's intention to buy Éxito)At the beginning of the week, Casino, majority partner of Éxito, announced that it wants to sell its stakewith the aim of paying a debt, it opened the possibility of getting rid of the Brazilian…
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Can Gilinski stay with Success?  Offer is less than the value of the company – Companies – Economy

Can Gilinski stay with Success? Offer is less than the value of the company – Companies – Economy

Only 48 hours were enough for someone interested in buying to suggest Success Storesafter Grupo Casino announced its interest in selling because it needs money to pay its million-dollar debts.The interested? Businessman Jaime Gilinsky. His family and IHC Capital Holding are also about to close the purchase of 87 percent of Nutresa, one of the most important food companies in the country.(Also read: Success: the operation proposed by Gilinski for US$ 836 million to buy the chain) Gilinski is offering $836 million in cash for the entire 96.52 percent stake that Companhia Brasileira de Distribuição (GPA) owns in Éxito. It…
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