5 CA Companies Among Latin America's 500 Largest
Recope, Intel, Panama Canal Authority, ICE and Copa Airlines are listed in AméricaEconomía's ranking of the 500 largest companies in Latin America.
Monday, July 20, 2009
In their analysis on Latin America's 500 largest companies, AméricaEconomía Intelligence shows the impact of the economic crisis in the region. For these 500, income fell 3.7% in 2008, a sharp contrast from the 23.7% expansion registered in 2007.
At $1.90 million, Costa Rica is the Central American country that received the most Foreign Direct Investments (FDI)last year, closely followed by Panama at $1.83 billion and El Salvador at $1.53 billion.
In 2005 the country was placed at 64 and currently it is at 83, surpassed by 12 Latin American countries.
Six Central American companies are included on the America Economia's Ranking of the 500 largest companies in Latin America.
They produce 28 percent of the GDP in the area. Their performance sets the pace for economic activity and industry trends.
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