Fitch Ratings highlighted the solid capital structure, as well as the stability and strength of dividends flow of Grupo Argos, as a result of its selective and profitable growth strategy for value maximization. Its leadership and influence over Cementos Argos, Celsia, and Odinsa’s strategy were one of the key factors that Fitch Ratings considered to […]
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The cement and energy companies of Grupo Empresarial Argos were included in the Private Social Investment Index (IISP), an independent study carried out by Jaime Arteaga and Associates, in alliance with Sustainable Week and with the support of the United States Agency. for Development (USAID). In 2019 Grupo Argos invested more than COP 18,000 million, […]
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Fundación Grupo Argos contributed COP 70 million to this alliance. These resources are in addition to the contributions that Grupo Argos and its businesses have made in Cartagena and Bolívar for more than COP 500 million to support vulnerable populations in the midst of the pandemic through allies such as the Fundación Mamonal and Cómo Vamos Cartagena. […]
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According to the rating agency, it confirmed its rating due to proper liquidity management, to the proven access by the group’s companies to equity markets and to financing through the financial system for dealing with the current situation. The rating agency highlighted the company’s strategic clarity, which led to favorable results in 2019 and to […]
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The organization, defined by its five strategies to face contingency: (i) the care and health of its collaborators and families, (ii) the care of employment, (iii) the continuity of business, (iv) the support for society and (v) support for the institutions. The company closed the first quarter, demonstrating its resilience by maintaining revenues of COP […]
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Grupo Argos joins the Donatón por Bogotá, contributing 400 million pesos This contribution of 400 million pesos to #DonatónPorBogotá joins the 400 million pesos donated last week to # DonatónPorMedellín and the 10.000 million pesos donated by Grupo Empresarial Argos through its foundation to strengthen the hospital capacity of the country. Along the same lines, […]
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• This contribution of 400 million pesos to # DonatónPorMedellín joins the 10,000 million pesos recently donated by Grupo Empresarial Argos through its foundation to strengthen the hospital capacity of Medellín. • Additionally, Grupo Argos and its companies Cementos Argos, Celsia and Odinsa have been promoting a campaign that is mainly nourished by contributions from […]
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Raj Sisodia presented his theory of Conscious Capitalism, a business philosophy that has as its highest purpose to improve people's lives. During the webinar, Sisodia shared reflections on the applications of this philosophy in the current context that companies face today. Conscious Capitalism is a transversal axis that Grupo Argos has incorporated in all […]
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March 26, 2020 In the previous year, Grupo Argos reached an ebitda of COP 4.8 billion, the highest in its history. The company will pay COP $ 376 per share, which represents an increase of 3.5% over inflation in 2019. In the midst of the current situation due to COVID-19, Grupo Argos, in coordination with […]
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March 19, 2020 • The donation, added to the Suramericana contributions, will increase the installed capacity in Medellín by 25% for contingency care and the strengthening of the health service. • These resources will serve to enable nearly 100 beds and specialized intensive care medical teams to care for patients who may present with COVID-19 […]
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March 13, 2020 The farm has more than 32,000 solar panels that will supply up to 20% of the electricity consumption at the Cementos Argos plant in Comayagua. With the start of operations of the system, Grupo Argos’ cement business will reduce 10,000 tons of its C02 emissions per year. Cementos Argos and Celsia, Grupo […]
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March 13, 2020 The project involved investments of over COP 9 billion and lasted four years. The works, in addition to the construction of 2.4 kilometers of tracks, included the empowerment of 7,100 m2 of platforms, 12,500 m2 in parks and more than 370 linear meters of bicycle paths. The new roads and public infrastructure […]
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