Colombia: latest news, insights and analysis | ESM Magazine

Brazil's GPA Revises New Store Opening Plans To 2024

Brazil’s biggest food retailer GPA has revised its initial projections regarding the number of new stores it plans to open by 2024.

Jerónimo Martins Invests €55 Million In Employee Bonuses

Retailer Jerónimo Martins has announced an investment of €55 million in an 'extraordinary bonus', for its employees in Poland, Portugal and Co...

Banana Producers Call For Higher Prices, Reflecting Higher Production Costs

Banana producers from Europe, Colombia, Ecuador and Guatemala have called for a 'living price' on bananas, taking into account higher production costs and...

Smurfit Kappa Upgrades Paper Mill In Colombia

Smurfit Kappa has completed a two-phase upgrade of its Barranquilla Paper Mill in Colombia, involving an investment of $7.5 million.

Jerónimo Martins Sees 48% Profit Growth In Nine Months

Portuguese retail group Jerónimo Martins has reported a profit of €324 million for the first nine months of 2021, up 47.7% compared with t...

Major Coffee Buyers Face Losses As Colombia Farmers Fail To Deliver

Coffee farmers in Colombia, the world's No. 2 arabica producer, have failed to deliver up to 1 million bags of beans this year or nearly 10% of the country...

Jerónimo Martins' Profit Soars 79% In First Half

Portuguese retail group Jerónimo Martins closed the first half of 2021 with a net profit of €186 million, up 78.9% year-on-year. Consolidate...

Casino Says It Is ‘Actively Fighting’ Deforestation In Latin America

French retailer Casino has said that it has been actively fighting deforestation across its branches in Latin America for many years. The retailer ackno...