Recently, the Chief Public Prosecutor’s Office announced which companies have gained the most and lost the most in the last year. Overall, the group of 1,000 largest companies operating in the country reported profits of 137 billion pesos in 2022, but some showed million-dollar losses, such as Avianca, Famisanar or Une.
(We recommend: These were the 1,000 largest companies in Colombia in 2022)
One of the companies going through a bad period Sierra Nevada Group, owner Sierra Nevada burger chainWith eleven points in Bogotá.
In fact, this group is a Business restructuring process by the Companies Inspectorate. At the disposal of the controlling agency, the company was presented with debts worth $2,013 million that were more than 90 days past due.
“Grupo Sierra Nevada SAS is currently withholding payments for overdue liabilities of more than 90 days, Liabilities with more than two creditors, representing more than 10% of the total liabilities for which the company is liable as of March 31, 2023, stated in the Supersociedades order.
(Also: Supersociedades sanctions Populated Centers more than $2,900 million)
In June of this year, Restcafe and Frayco, which own Café Oma and Presto respectively, announced that they have applied to take advantage of the restructuring process under Law 1116 of 2006 to strengthen the operation in Colombia.
(Read: The biggest companies, bestsellers, and winners or losers in 2022)
“With the efforts of our investors and hundreds of collaborators who believe in Colombia, we are serious and transparent brands that have created employment, opportunity and development for more than 40 years and add value to the growth of the country. Date Oma and Presto Coffee” it was said.
In addition, the Companies Inspectorate also reported in June that Ultra Air was accepted into the business restructuring process.
“From the asset, we will give all the spaces for companies to find permanent companions who allow them. “It is quickly recovering and rebounding, reviving the Colombian economy by succeeding in re-establishing credit and trade relations so they can maintain employment,” said Billy Escobar Pérez, Corporate Inspector.
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Source: Exame
