Monthly Archives: November 2015

Tecnoglass and C.I. Energía SolarSolar Eswindows, companies of the year

The successful business group from Barranquilla received the highest international award from FIABCI.

Barranquilla recovers its leadership strength thanks to its industrial business group comprised by  Tecnoglass and C.I. Energía Solar Eswindows, which were awarded by the International Real Estate Federation (FIABCI) and the Business of the Year at the international level.

Alejandro Lega, academic member of FIABCI, Rodolfo Espinosa, President of CI Solar Energy and Andrés Correa, President of FIABCI Colombia.

The deserved distinction adds to the wonderful growth by the Business Group, which has been positioned as one of the largest manufacturers of window frames worldwide, which has been described as “The Window of the World”. In addition, the Group’s new Soft Coat glass factory was added this year with a 43 million dollar investment and a two thousand square meter plant and 700 new employment opportunities  for the city, region and country.

The recognition was awarded on Thursday November 19 with the participation of 300 guests from the real estate and construction sectors in the Bogotá Gun Club during the seventeenth version of the FIABCI Awards for Real Estate Excellence.

A total of 12 Awards were given in this new version of awards by the FIABCI Chapter in Colombia, who analyzed the design, construction, financing and operation of the various projects around the country to recognize the professional quality of engineers, architects and entrepreneurs in the sector.

During this new version of the awards was when  C.I. Energía Solar Eswindows and Tecnoglass  received the Award for International Companies of the Year, highlighted by their increasing export activities, a positive representation of Colombian industry abroad and the further consolidation of its business in the United States and Latin American markets. The award was received by Rodolfo Espinosa Meola, President of C.I. Solar Energy ESWindows from the President of the colombian FIABCI Chapter, Andrés Correa.

José Manuel Daes, director of the successful barranquillero Business Group.

Together with Tecnoglass and CI Solar Energy ESWindows were highlighted companies such as Terranum, Camilo Santamaria Architects, Constructora El Castillo, Amarilo, Argos Group, Concocreto, Prabyc Engineers, Ospinas, among others, also were awarded Medals Hernando Luque Ospina to Life and Work entrepreneur Arturo Street and the Medal of Real Estate Merit 2015 Engineer Alberto Santiago Botero.

Christian Daes, one of the directors of Tecnoglass Group.

This year the jury as evaluation criteria took into account the innovation and application of new trends in the field of sustainability, reducing environmental impact and work on corporate social responsibility.

The new recognition made Tecnoglass Group companies coincides with the latest sales balance presented by Christian Daes and Jose Manuel Daes company executives. During the first 9 months of the year CI Solar Energy Tecnoglass ESWindows and they reported sales of US $ 291,361 and US $ 308,465 respectively, equivalent to an increase of 50.4% and 70.9% compared with the same period last year. This growth corresponds to the startup of a new plant for glass soft coat technology and capacity expansion in technology, the business group.

Source: La Chachara

Tecnoglass y C.I. Energia Solar ESWindows, International Companies of the Year

The Companies  received recognition in the seventeenth version of the FIABCI Prix.

Tecnoglass and C.I. Energía Solar ESWindows and were recognized as International Companies of the Year, highlighting their increased export activity, positivele representing Colombian industry abroad and by further consolidating its business in markets in the United States and Latin America.

The award was presented during the seventeenth version of the FIABCI Awards for Real Estate Excellence, an event that was held in the Bogotá Gun Club with the over 300 guests from the real estate and construction sector.

A total of 12 awards were given in this new version of awards by the International Real Estate Federation -FIABCI- Colombia Chapter, who analyzed the design, construction, financing and operation of various projects in the country to recognize the professional quality of engineers, architects and entrepreneurs in the sector.

The award was received by Rodolfo Espinosa, President of C.I. Energía Solar ESWindows from the President of the colombian FIABCI Chapter, Andrés Correa. Alongside Tecnoglass and C.I. Energía Solar Energy ESWindows, other companies were highlighted such as Terranum, Camilo Santamaria Architects, Constructora El Castillo, Amarilo, Grupo Argos, Concocreto, Prabyc Ingenieros, Ospinas, among others, also,  the Hernando Luque Ospina lifetime acheivement Medal was awarded to businessman Arturo Calle and the Medal of Realty Merit 2015 to Engineer Alberto Santiago Botero.

This year, as evaluation criteria, the jury took into account the innovation and application of new trends in the field of sustainability, reduction of environmental impact and work in corporate social responsibility.

This new recognition to Tecnoglass Group companies coincides with the latest sales balance presented by Christian Daes and Jose Manuel Daes Chief Executives of the company.

During the first 9 months of the year and C.I. Energía Solar ESWindows and  Tecnoglass reported sales of US $ 291,361 and US $ 308,465 respectively, equivalent to an increase of 50.4% and 70.9% compared with the same period last year. This growth corresponds to the startup of a new plant for glass using soft coat technology and capacity expansion in technology by the business group.

Source: Zona Cero

Tecnoglass posts (COP) $ 308 billion in sales

Energía Solar reported sales of (COP) $ 291 billion. Overseas sales by the companies increased in 2015.

In the first nine months of the year Tecnoglass SA had sales of (COP) $ 308 billion, representing an increase of 70.9% compared with the same period last year ((COP) $ 180 billion).

Net sales in the third quarter of this year totaled (COP) $ 125.688 million, as reported by the company in a statement.

The 42% of total sales recorded between January and September this year were represented by international negotiations, while in 2014 that share was only 29%.

The operating profit of the company was (COP) $ 51 billion with an increase of 165.9% compared to last year as foreign sales increased.

This increase in sales is due to the new facilities producing Soft Coat (Low-E) glass that began operations in September 2015 with 700 new employees. Also, other projects that the company has put forward to increase production capacity in recent months.

On the other hand, Tecnoglass subsidiary Energía Solar S.A. reported sales between January and September this year of (COP) $ 291 billion, with an increase of 50.4% from the same period last year ($ 193 billion). 62% of total company sales in this period Are due to sales ​​abroad.

Net sales of the company in the third quarter of this year totaled (COP) $ 119 billion.

Source: El Heraldo, Business Wire

Energía Solar SA recorded sales for (COP) $ 291 billion

The company said that the significant increase is due to the penetration achieved in Florida, New Jersey, New York, California, Washington and Texas.

In the first nine months of the year,  Energía Solar SA recorded sales of (COP) $ 291 billion, this represents a50.4% increase compared to the same period last year ((COP)$ 193 billion).

The net sales for the company in the third quarter 2015 totaled $ 119.088 million, as reported in a statement.

62% of total company sales recorded between January and September 2015 were due to business abroad. During this period, sales to the United States increased by 59% compared to 2014.

“This significant increase is the result of greater incursion the company has achieved in this market where, along with Florida, the company now serves states like New Jersey, New York, California, Washington and Texas, among others”, as quoted from a company statement.

By the close of September, the company, who is a leader in high quality products for the construction industry such as windows, doors, facades and floating divisions, had record purchase orders for USD $ 360.4 million.

“Due to the nature of long-term projects in which the company is involved,, there is a high level of visibility on future sales that are registering in purchase orders, “he adds.

Company records show an increase in exports of finished products for the third and fourth quarters of 2015, as well as shipments scheduled for the first and second quarter of 2016.

Source: El Heraldo16