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In 2023, 45% of Grupo Argos' revenue came from 20 countries and territories outside of Colombia
22 July 2024In 2023, 45% of Grupo Argos' revenue came from 20 countries and territories outside of Colombia
Read moreGrupo Argos, through its Urban Development Business, allocated resources in 2022 that exceeded COP 65 billion for the execution of urban planning and infrastructure works in the department of Atlántico that are marking the creation of more than 550 jobs and mobilizing the economy of the department with the help of more than 46 companies that are part of its value chain.
Among the most relevant projects are the construction and delivery of the new Parque del Realismo Mágico in Barranquilla, a development of more than 10,000 m2 of public space that includes a cultural plaza for multiple activities, a children’s area, a picnic area, 120 linear meters of bike path and an art trail that functions as an open-air gallery.
Among the investments, the contracting of urban planning for the development of the Ciudad Mallorquín project in Puerto Colombia also stands out, which includes more than COP 55 billion in the execution of strategic works for public service networks, road infrastructure and public space necessary to improve mobility. and increase recreational areas for the enjoyment of citizens.
“At Grupo Argos we are pleased to continue being an ally in the positive transformation of the department of Atlántico and to continue joining efforts to promote inclusive urban planning projects with a clear sustainable orientation that result in the generation of value for all our stakeholders” .
Daniel Sarabia
Urban Planning and Infrastructure Manager of Grupo Argos
To carry out this type of strategic projects, the company advances, in an articulated manner, inclusive and responsible planning, design and structuring processes framed in dialogues and permanent work with communities, authorities, academia and other interest groups. Likewise, the works have a component of social and environmental investment focused on building the community and improving the quality of life of the inhabitants.
In 2023, 45% of Grupo Argos' revenue came from 20 countries and territories outside of Colombia
Read moreCompanies within Grupo Empresarial Argos have executed over USD 100 million in their share repurchase programs
Read moreThe rating took into account the company's ability to consistently generate value and the flexibility of its capital structure, which it has achieved through strategic transactions to advance as an infrastructure asset manager.
Read moreThe companies of Grupo Empresarial Argos reaffirm their confidence in their long-term strategy and business plan.
Read moreOver the course of 2024, the ordinary shares of Grupo Argos have appreciated by 10.5%, while the preferred shares have seen an increase of 22%. In the case of Cementos Argos, ordinary shares have increased by 5% and preferred shares by 27%. Finally, the share of Celsia has experienced an appreciation of 12%.
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