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.

Among the Central American companies listed in the ranking, Copa Airlines is showcased, as it recorded the largest income increase between 2007 and 2008, at 25.5%.

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Best-Selling Companies in Central America

October 2010

Six Central American companies are included on the America Economia's Ranking of the 500 largest companies in Latin America.

Listed in 178th place RECOPE, Costa Rica’s Oil Refinery, is the Central American company with the highest sales, totaling $2,701 million.

Follow Intel in Costa Rica with $ 2,101 Million, Panama Canal Authority (ACP), with $ 2,000 million, Instituto Costarricense de Electricidad (Costa Rica Power Company) with $ 1,822 million and completing the list, the two main regional airlines Copa Airlines with sales of $ 1,253 million and Grupo Taca with $ 940 million.

The 200 biggest companies in Central America

November 2008

They produce 28 percent of the GDP in the area. Their performance sets the pace for economic activity and industry trends.

Mexican America Movil and Arkansas giant Wal-Mart are, without a doubt, the two biggest stars in the ranking, evidencing the significant activity in telecommunications and retail sales in the region.

Ranking for Foreign Direct Investment received

September 2008

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.

According to the World Investment Report 2008 published on Wednesday, Costa Rica benefited from the global growth in FDI's for the third consecutive year which was at a record of 36% or $1.8 trillion.

Panama ranks 83 in "E-Government"

September 2008

In 2005 the country was placed at 64 and currently it is at 83, surpassed by 12 Latin American countries.

Despite the progress made in the process of modernizing of the State and the automatization of government bureaucracy, Panama fell 19 spots in the global ranking of electronic government (E-Government) by the United Nations (UN).

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