Congrex Panama, the company bought out from the Congrex Group in 2013, has achieved stability and growth within two years.
The 2015 results show a 30% growth in revenue. A 25% operating profit was achieved in the same period.
Javier Montilla, managing director, said: “When we bought the company we put a clear stability plan in place, given the circumstances. We have surpassed all of our goals with regards to growth, profit margins, cash flow, and importantly, client and staff retention. This has been a real team effort and something we are very proud of.”
Robert Harrison, board of directors’ president, said: “The company has moved on from the fears and uncertainty that change normally brings along with it. A passionate teamwork effort by all has created a fantastic and strong family atmosphere and a good synergy that is producing great results in terms of stability, client and staff retention, economic growth and winning new sales for the future.”
