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Grupo Empresarial Antioqueño

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The Grupo Empresarial Antioqueño (GEA, Business Group of Antioquia) also known as Sindicato Antioqueño, is a Colombian conglomerate composed by around 125 companies[1], most of them based in Antioquia Department.

Though, legally speaking, such an entity does not exist, it is commonly regarded as the first Colombian keiretsu[2][3]. It is "controlled" by three companies: Cementos Argos (cements), Suramericana de Inversiones (financial), and Grupo Nacional de Chocolates (food). The group, through these companies, has 10,000 shareholders[1]. GEA's 2007 income amounts to 5.5% of Colombia's gross domestic product[4].

Companies

Former subsidiaries

References

  1. ^ a b "El mítico GEA" (in Spanish). Revista Semana. 2007-10-20.
  2. ^ "Formación Virtual - Suramericana" (in Spanish). Retrieved 2008-12-23.
  3. ^ Franco Restrepo, Vilma Liliana (2006), Capítulo 4. Separación de dominios y configuración de la coalición política dominante (Poder regional y proyecto hegemónico. El caso de la ciudad metropolitana de Medellín y su entorno regional 1970-2000) (PDF), Medellín: Instituto Popular de Capacitación, ISBN 9589783031.
  4. ^ Gutiérrez, Luis Fernando (2008-05-25). "Salir de las fronteras" (in Spanish). El Espectador.