With a $250 million investment, Liberty Latin America completed the acquisition of 80% of the capital of Cabletica, one of the country's leading cable operators.
Liberty Latin America operates in Chile, Panama and the Caribbean, and with the purchase of Televisora de Costa Rica S.A. will access the Costa Rican market through this cable operator that has more than 327 thousand subscribers.
The Costa Rican Social Security Fund has reported that it will be investing $16 million in the purchase of a new property and $43 million in the remodeling of its main office building in San José.
The works for the design and construction of structural reinforcements and mechanical, electrical and architectural reconditioning of the Laureano Echandi Building, Caja Costarricense Social Security (CCSS) central offices, were awarded last June to Consorcio Edificar-Molina-Guidi for an amount of $43 million.
A growing trend in online shopping is forcing malls to rethink their business models and renew their strategies for attracting customers.
While Internetshopping trends in Central American countries are still a long way behind more developed markets such as the United States, businesses are already starting to feel the effects of increased consumer interest in online shopping.
In Costa Rica a tender is being held for digital printing services, invoices, production of prepaid and photocopied cards for an estimated $9.3 million.
Avianca announced the purchase of 100 aircraft manufactured by Airbus, which will be used to gradually replace aircraft currently operating from Bogota, San Salvador and Lima.
The airline confirmed the purchase of 100 A320neo aircraft type, with the goal of replacing those that operate on the routes to Colombia, El Salvador and Peru.
Authorization has been given to Grupo Prival de Panama to complete the transaction to acquire 100% of the shares of Banco Bansol in Costa Rica.
The financial group of Panamanian origin which also now operates in El Salvador, in addition to Panama, and its incursion into Costa Rica aims to strengthen its process of regionalization. Prival sought approval from the appropriate authorities in October 2014 for the purchase of Bansol.
Complete gray works and at least 48 thousand square meters in the plant located in Down Town are part of the features that the office buildings to be offered to the Ministry of Finance must have.
One of the important specifications required the Ministry is that the building must be located within a radius of 10 kilometers from the main building of the Ministry of Finance.
The Ministry of Finance has justified the purchase pointing to savings of several million dollars every year by concentrating all activities in one building and not having to pay rent.
From a statement issued by the Ministry of Finance of Costa Rica:
Closing the cycle of paying rent in the Ministry of Finance is the purpose of the initiative presented by the chief of this institution and First Vice President, Fallas Helio, for the purchase of a building which would house more than 2,000 of the institution's staff members, from the second quarter of this year.
The Ministry of Public Works and Transportation has announced that it plans to publish, in the next three months, the tender documents for mobile laboratories for blood alcohol.
Currently the Costa Rican Social Security is the body responsible for carrying out blood alcohol tests, but according to the Traffic Act 9078, this should be undertaken by the Ministry of Public Works and Transport, an organization which is working on the terms of the tender, which will be published before May 2015.
Six companies lead the list of textile importers in the country, where 14% of total imports correspond to nonwoven man-made or synthetic fibres.
The Costa Rican Chamber of Importers reports that "... this type of fabric (nonwoven synthetic filaments), weighing only 25 grams or less per square meter is 12.5%, followed by dyed fabrics with 3.3%. " The remaining 46.8% is represented by the heading 'other', which does not specify the type of fabrics in this group.
In a "Solomonic" decision, the Ministry of Finance has decided to settle the dispute between CompraRed and Merlink, ordering the development of a new platform, giving the moribund state telecom company RACSA something to do.
The Mexican group has announced an agreement to acquire all the assets of Eskimo and its subsidiaries in Nicaragua and the rest of Central America, without disclosing the amount of the transaction.
Eskimo SA is a food company in Nicaragua which has been operating for more than 72 years.
The Administrative Board of the National Registry of Costa Rica has selected Consorcio Interamericano Caribe de Exportación for the purchase of two Automatic External Defibrillators.
An agreement has been made to the sale of 100% of the shares of Banco de Soluciones Bansol to Grupo Prival de Costa Rica, a subsidiary of Prival Bank S.A.
The relevant fact was published by the Superintendency of Securities (Sugeval):
"... On October 13th all the shareholders of Banco de Soluciones Bansol de Costa Rica S.A signed the documents for negotiation of the sale of all of the shares in circulation of aforementioned Costa Rican bank.
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
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O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...
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