AGP Executive Report
Last update: an hour agoBuilding Materials: Barranquilla-based Tecnoglass reported record third-quarter revenue of US$310.6 million, up 19.2% year over year, and a record US$1.43 billion backlog. Growth in multifamily and commercial projects helped drive results. Energy: Colombia made restoration of the Antonio Ricaurte gas pipeline to Venezuela a project of national interest. Ecopetrol says the route could diversify supply and deliver gas to households and industry at lower cost. Telecoms: Millicom, which operates Tigo, posted third-quarter revenue of US$2.28 billion, up 60.8%, with 4.8% organic growth; its leverage figure includes recent acquisitions in Colombia and other markets. Automotive: China’s GAC said October wholesale volume in Colombia rose 331% year over year as its exports to the Americas expanded.
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