Company Profile Organization that operates in Costa Rica, El Salvador and Honduras.
El Salvador: Distribution issues continue to rankle at Mercedes BenzFriday, June 6, 2008 The distribution of vehicles of the German manufacturer Mercedes Benz is causing so much discord that it has landed in court without the prospect of a quick solution. During the last few weeks, paid advertisements have appeared in the national media, some of them paid for by Grupo Daimler AG, which claim that the distribution in the country was granted to Group Q of San Salvador, and others by Grupo Omi, who does not accept that its contract has been rescinded. Panama: Grupo Mundial capitalizes $10 millionThursday, June 9, 2011 The financial conglomerate has issued 1,538,461 shares for the sum of $10 million in the local primary market. The issue was agreed at the last shareholders meeting. Grupo Q invests US$25 million in San Salvador apartmentsFriday, May 16, 2008 El Salvador real-estate developer Grupo Q Inmobiliaria is to invest US$25 in a luxury apartment complex in San Salvador that will employ 600 people during construction. Details of the project, and of Grupo Q itself, are to be found on the company's new website: www.grupoqinmobiliaria.com Chilean Company after Grupo Q’s Operations in PanamaThursday, February 16, 2012 Grupo Kaufmann from Chile, a distributor for Mercedes Benz, is negotiating the purchase of Grupo Q’s operations in Panama. "The negotiation is in the preliminary stages", said Kaufmann Group’s CEO, Alexander Kohler, in an article in the Chilean newspaper Estrategia, reported Prensa.com. GEVESA - Grupo Q Regional AllianceMonday, September 6, 2010 GEVESA and Grupo Q have concluded the companies' merger of their vehicle sales operations and the new group's name will be Grupo Q. Juan Federico Salaverría, GEVESA president, explained that legally they will continually to operate independently, especially with regard to suppliers. GEVESA, which distributes the Mazda, Peugeot and Ford brands will take a 30% share in the new combined business. Omni dispute continues over Mercedes BenzThursday, June 12, 2008 Vehicles made by Daimler AG can only be distributed and marketed in Guatemala by Comercial Omni, officials from this company say. At a press conference, Omni warned the people of Guatemala to avoid buying these vehicles from Grupo Automotriz Q, because they would risk losing their vehicles, depending on judicial prohibitions. Grupo Calvo inaugurates its commercial divisionMonday, July 7, 2008 As part of its expansion program, Grupo Calvo has opened a commercial division in El Salvador called Calvo Distribution. Calvo Distribution seeks to be the leading brand in El Salvador and will soon consolidate its position as the second most important brand in the region, according to the commercial director, Valero Lecha. Peru's Grupo Romero will start operations in HondurasMonday, April 21, 2008 Elfinancierocr.com has announced that the Peruvian conglomerate Grupo Romero will start offering services in storage, transport and distribution in Honduras. The estimated investment of five million dollars will be made through an affiliate of Ransa Centroamerica, Ransa Operador Logístico. Ransa Centroamerica is owned by the conglomerate. Coban Group to Build Hotel in GuatemalaMonday, October 4, 2010 The group´s real estate division announced construction of a four-star hotel in the Department of Verapaz. The fifty-room hotel will be given in concession to an operator expected to be built by 2012, according to Paul Solórzano, manager of the group's real estate division. Panamanian restaurant chain plans to enter ColombiaMonday, June 16, 2008 The Panamanian restaurant chain Pío Pío plans to sell its franchises in Colombia. The company has 47 restaurants in Panama. It is part of Grupo Melo, a vertically integrated poultry company whose exports to various countries, including Colombia, total more than four million dollars per year. Grupo Q open special showroom for Chinese vehiclesTuesday, July 8, 2008 Grupo Q, El Salvador's leading vehicle distributor, has opened a showroom dedicated to Chinese brands. Grupo Q representatives invited prospective buyers to visit the showroom so they could appreciate the wide range of models and spares on display. Sears To Open In El SalvadorFriday, October 8, 2010 Managed by Grupo Carso, the department store chain will open its first unit by the end of the year. The store opening in El Salvador will be the first outside the United States and Mexico driven by Grupo Carso. Grupo Poma increases investments in Costa RicaThursday, August 14, 2008 The Salvadoran firm inaugurated the third phase of Plaza Roble, an office complex in Escazu, San Jose. Yesterday the construction of phase five of the Multiplaza commercial center was started. Both projects are developed by the Grupo Roble, a real estate subsidiary of Grupo Poma. Details for the inauguration of 8-floor tower connected to the Intercontinental Hotel. Poma to step up investments in HondurasMonday, May 19, 2008 El Salvador's Grupo Poma is to step up investments in Honduras by its hotels (Real) and malls (Roble) divisions, the company's managing director, Alberto Poma, announced. Poma was visiting Honduras to promote Costa Real & Resort Villas, a new residential tourism complex on El Salvador's Pacific Coast that aims to attract Honduran buyers. |
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