Two Costa Rican bookstores are preparing for new openings in 2015 in the country and expansion into El Salvador, Honduras and Nicaragua.
With a format combining a bookstore and gift shop, music and videos, Librería Internacional and Lehman are looking to expand both in the Costa Rican market and regionally. In line with this strategy, Librería Internacional this year opened two new stores in San Salvador, while in Costa Rica two new branches were opened.
The Dos Pinos Costa Rican dairy cooperative is negotiating the purchase of a plant in Nicaragua and is working on setting up another one in the Dominican Republic.
In an interview Nacion.com by Marvin Barquero with Rodolfo Barrantes, president of Dos Pinos, the official confirmed that the regional expansion strategy of the company is still moving forward. "We're involved in two or three important businesses outside, expanding our business. We just bought Nevada in Panama. In Nicaragua we are closing a deal, it is a purchase, and is very close to being realized".
The National Insurance Institute will resume this year its plan to expand its operations to the countries of the region, investing $300 million in the process.
The National Insurance Institute (INS by its initials in Spanish) intends to be the majority shareholder or acquire 100% of a company with regional presence, a project suspended in 2009 when the company faced opposition from institutions such as the Comptroller General of the Republic, the Pensions Superintendency and the Attorney General's Office.
The Panamanian airline will invest $1.3 billion over the next 5 years in 36 new aircraft and training of another 200 pilots.
Copa Airlines will be expanding in the coming years with a total investment of $1.3 billion which includes the acquisition of several new aircraft including 10 Boeing 737-800 "Next Generation" in 2012, in order to complete a fleet of 79 craft.
The Swiss oil company has completed the takeover of the assets of Exxon Mobil in Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
The Exxon Mobil assets to be transferred to Puma Energy include 300 service stations, two refineries, the addition of three terminals, two airports and a marine bunker fuel supply which supplies 20% of the regional market, all of which involves managing a 20 million barrels of oil per year.
The Costa Rican firm has announced the opening of more stores in U.S. and Costa Rica.
Last February, the Pops ice cream chain opened its first branch in Miami measuring around 100 m2 and with an investment of $500,000. This was an initial step, because as well as operating this site in a mall in Pembroke Pines, it plans to open two more ice cream parlours in Florida during 2012.
The Panamanian bank is continuing its expansion plans in Central and South America.
Multibank, an entity founded on Panamanian capital, intends to consolidate and expand its share of the banking sector in Colombia and Central America, where it has already acquired full control of Macrofinanciera SA (Colombia) and the incorporation of the company Multi Resuelve (Costa Rica), focused on financing the purchase of cars.
Banmédica is the largest private health organization in Chile, with investments in Colombia and Argentina, and with subsidiaries in the insurance sector.
With an average investment of $70 million annually for the past 12 years, Banmédica provides a wide range of health-related services, including clinics, laboratories, medical centers and medical rescue units.
With an investment of $2.5 million, the multinational will serve Central America and the Andean region from an office in Panama.
President of the Andean Region and Central America at Unilever, Fernando Acosta, told the press that the company has not ruled out expanding its investments in the country in the near future, such as opening new service centers and factories.
Company executives visited El Salvador to discuss malls and evaluate the possibility of investing in new stores.
The Spanish chain reported that its sales in Latin America have reported growth rates above 10%, which is encouraging them to explore the possibility of expanding in that market.
Isak Halfon, the Executive Vice President of International Expansion for the company, , said on a visit to El Salvador that "Latin America has got out of the financial crisis and is now growing," while José Gomez, the vice president of International Business Development, said "if things continue as they it will be a very prosperous decade for Latin America. "
From Guatemala, the firm Inbev, distributor of the Budweiser brand, is seeking to expand in the region.
The multinational, which has a portfolio of over 200 brands and operations in 80 countries, aims to promote Budweiserbeer massively in Guatemala, where it already holds 20% of the market share and then to expand soon to El Salvador and Nicaragua.
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