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Costa Rica Business and Company News
This category contains news about companies doing business in Costa Rica and articles related to the business environment.
Regional Supermarket Alliance Confronts Wal-Mart
- Friday, 11 May 2012 01:44
- Last Updated on Friday, 11 May 2012 08:56
- Written by Rod Hughes
Four years ago, regional supermarkets joined together to form SUCAP (Supermercados de Centroamerica y Panama) to confront the growing competition from the U.S.-based Wal-Mart chain.
Today, it does not have the sheer number of stores as Wal-Mart but, reports the newspaper La Nacion, SUCAP is in a position to make a good showing. It has 300, of which 76 are in Costa Rica, under management by local powerhouses Gessa and AutoMercado.
Quiznos Gets Airport Food Concession
- Tuesday, 08 May 2012 04:41
- Last Updated on Saturday, 05 May 2012 09:36
- Written by Rod Hughes
Quiznos Subs has garnered a coveted food concession at San Jose's Juan Santamaria International Airport as more and more of the new infrastructure develops. The agreement is for eight years with possibly six more extension.
The firm will invest some $4 million and employ 100 workers, according to Desarrollo QSR International. Tatiana Rodriguez, manager of the proprietor of Quiznos Subs, told La Nacion that the contract had been signed in April.
Most Sought Professions Listed
- Saturday, 05 May 2012 03:57
- Last Updated on Wednesday, 02 May 2012 13:58
- Written by Rod Hughes
If you have a university degree in one of 28 professions taught in local colleges, you probably will have no problem finding employment, a study by university rectors (CONARE) shows.
And, unlike what you may assume, not all of them are in technical engineering. Psychology and even philosophy are included in the 28. But it's bad news for another 68 professions that may leave you scrambling.
Cement Firm Closes, Charges Legal Persecution
- Friday, 04 May 2012 05:03
- Last Updated on Wednesday, 02 May 2012 14:05
- Written by Rod Hughes
The cement company Comcoas S.A. closed its doors late Monday after issuing a bitter ad charging legal persecution in the courts of this country. The firm marketed the David cement brand.
In blistering full-page ads in local media, Alexandre Chueri, company president, charged that since its entry into the country in 2007, the firm has endured legal harassment.
Intel Chief Lauds Country
- Thursday, 03 May 2012 02:19
- Last Updated on Wednesday, 02 May 2012 13:50
- Written by Rod Hughes
The chief of Intel, the electronics manufacturing giant, Steve C. Megli, swung by Costa Rica on a sweep of his company's far-flung interests and had some flattering things to say about this country, its workers and education.
Intel was the tip of the ice berg when the company built a branch here 15 years ago. Today this country has 200 foreign firms operating. But Intel is the number one exporter in dollar terms.
Wal-Mart Faces Bribery Probe
- Monday, 30 April 2012 01:38
- Last Updated on Friday, 27 April 2012 08:53
- Written by Rod Hughes
Wal-Mart de Mexico is under intense investigation by both the Justice Dept. and Mexican authorities for alleged bribes paid to expand its operations in Mexico, reports the cable news network (CNN).
The news network also reported that investigations of corporate wrongdoing may also expand to other international companies such as John Deere, the international farm machinery firm. Local businesses are eyeing the probes, wondering if some companies here may be caught in the net.
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