The 200 biggest companies in Central America

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

Monday, November 3, 2008

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.

With a growth of 42%, the Carlos Slim company was ranked first place among Big Companies, and reach US$3.4 billion in 2007, leaving behind....

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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.

Costa Rica finally opens its doors to telecoms investment

July 2008

The telecommunications monopoly that the government's Costa Rican Electricity Institute (ICE) exercised for five decades has finally been overthrown.

The necessary changes to the telecommunications law were put into effect by publication in the official daily, La Gaceta.
Leading companies in wireless telephony and Internet are poised to enter the new market.

Multinationals in rush for Costa Rica's new, open cellphone market

June 2008

Costa Rica's cellphone market was officially opened to competition, and multinationals are lining up to go into battle with the Costa Rican Electricity Institute (ICE) which has held a monopoly so far.

The multinationals see potential for growth in the high traffic, unsatisfied demand and absence of a pre-paid system.

Panama sells Carlos Slim, Digicel mobile licenses

May 2008

Panama awarded Irish-backed Digicel Panama and Claro Panama, a unit of billionaire Carlos Slim's America Movil, concessions to run new mobile phone networks on Wednesday.

Digicel, owned by Irish billionaire Denis O'Brien, bid $86 million for one license, beating a $73 million offer from Claro Panama.