Grupo Bimbo, a global food company and global leader in the baking industry, reduced its debt in 2022 with the resources obtained from the sale of Ricolino. As of December 31, 2022, Grupo Bimbo’s total debt was 84,054 million pesos, compared to 92,855 million as of December 31,
Rafael Pamias, deputy general director of Grupo Bimbo, was appointed Chief Operating Officer of this company and will lead the four global regions. He will also serve as Director of Sustainability and Global Marketing, reporting directly to Daniel Servitje. On the other hand, after 41 years in the
The Mexican company Grupo Bimbo registered net sales of 398,706 million pesos in 2022, which represented a record and an increase of 17.7% year-on-year. Primarily, this result was attributed to a favorable price mix and strong volume performance in all regions. At the same time, the company‘s operating
Mexico and Ecuador are continuing their negotiations to reach a Free Trade Agreement (FTA), while they have reactivated their merchandise trade after the Covid-19 pandemic. From Mexico to Ecuador, product exports showed the following trajectory: 2019 (US$625 million), 2020 (US$469 million), 2021 (US$600 million) and 2022 (US$658 million).
South Korea asked Mexico about a measure related to the transitional imposition on steel imports under the World Trade Organization (WTO). Since 2015, the Mexican government has been imposing an adjusted tariff on steel products imported from countries that do not have Free Trade Agreements (FTA) with Mexico.
There are currently three nationwide mobile operators (AT&T, Verizon and T-Mobile) in the U.S. market, each with more than 100 million subscribers, according to World Trade Organization (WTO) data. The U.S. telecommunications market has been consolidating over the past four years. In April 2020, the merger between operators