Corporación Multi Inversiones wins IADEF & ILAEF 2020 award for its track record as a family-owned company in Latin America

The Argentine Institute of Family Business (IADEF) and the Latin American Institute of Family Business (ILAEF) in its eighth awards, recognized Corporación Multi Inversiones de the Bosch Gutiérrez as one of the most important family businesses in Latin America this year.

These awards are given on International Family Business Day, an international date that seeks to recognize and raise awareness in markets and governments about the economic importance of family businesses and how they have managed to be sustenance not only for their own members, but also for hundreds of families working in these local or international companies.

What is IADEF and ILAEF?

Instituto Argentino de la Empresa Familiar (IADEF) as its name says, is an institute that was founded in Argentina in 2010, specifically in the capital Buenos Aires, seeking to promote the importance of family businesses in the southern cone country.

From this and seeing the importance of these entities not only in their country, but also in Latin America, 3 years later was created the Latin American Institute of Family Business (ILAEF) who seek to make known to the authorities of countries, especially South America, as this type of companies are an essential engine of the economy.

In addition, it seeks to recognize other institutions and academics for their contributions to professionalization, innovation and social responsibility.

Recognizing CMI

CMI, a family business of the Bosch Gutierrez, founded in 1920 founded by Don Juan Bautista Gutierrez in a small family store located in San Cristobal, Totonicapan in Guatemala. Celebrating 100 years just in this 2020; now it has presence in 14 countries and two continents and has a workforce of more than 40 thousand workers..

Against this, the current CMI Chairman of the Bosch Gutiérrez, Juan José Gutiérrez stated:

“On behalf of our family, family business and more than 40 thousand employees, we thank IADEF and ILAEF for this recognition. Especially now that CMI-Corporación Multi Inversiones is reaching its 100th anniversary. As a member of the third generation; with more than 40 years at the helm of the family business; we base our work on robust principles and values, a culture rooted, understood and understood by our employees and all members of the family”.

Juan Luis Bosch, Chairman and CEO of CMI Capital, added about the award:

“CMI was founded by our grandfather, Don Juan Bautista Gutiérrez. We base our corporate and family governance on REIR; which means to be Responsible in what we undertake; to always seek excellence, to seek the integrity of all our collaborators and to respect people and deals. We are deeply grateful to the Instituto Argentino de la Empresa Familiar (IADEF) and the Instituto Latinoamericano de la Empresa Familiar (ILAEF) for this recognition to CMI”.

Jorge Martínez Sanche, Director of General Corporate Governance of CMI de los Bosch Gutiérrezwas virtually present at the award ceremony due to the COVID-19 pandemic and respecting the rules of healthy distance, who received the award on behalf of the company’s chairmans.

Renewable energy in Latin America: the possible utopia

Is a world where 100% of energy demand can be met by renewable sources possible? Some believe this scenario is fanciful, others argue that it is an achievable reality. Who is right? Who is right?

Changes in the global energy sector are becoming more drastic and daily. Many industry figures like Felipe Antonio Bosch Gutierrez in South America are doing what they can to make a new way of powering communities a reality. 

It’s no surprise that the supplementation of renewable energyis evident: a growing number of new photovoltaic and wind plants offer power at $0.03 to $0.05 per kilowatt-hour in 24 countries and in some nations even at half the value of what power from a new coal-fired generation plant would cost. 

Feed-in tariffs

Many countries are beginning to move away from “feed-in tariffs,” which offer a guarantee of payment to renewable energy developers for the electricity they produce as a preferred means of promoting renewable energy, to join the trend toward competitive auctions. 

Fundamental changes in technology have resulted not only in solar PV equipment costing 50 percent today of what it was worth 15 years ago, but could become significantly cheaper and more efficient over the course of the next decade. The cost of onshore wind turbines declined by more than a quarter over the same period. .

New age electric vehicles add an extra dimension, as well as being accessible to all thanks to the falling cost of the batteries they run on, they will also eventually be able to act as an independent power source. 

The first industrial-scale photovoltaic systems with increased storage capacity, costing less than $0.10 per kilowatt-hour, are already here. Rapid progress in storage technology, coupled with expected cost reductions, will mean that both photovoltaic and wind energy can be stored for later use, making uninterrupted power supply from renewable sources a reality. The first industrial-scale PV systems with increased storage capacity, costing less than $0.10 per kilowatt-hour, are here.

Renewable auctions

.Latin America is a leader in renewable auctions -starting two decades ago with Brazil, followed by Peru, Chile, Mexico and Guatemala, most recently Argentina. Prices have fallen below the average for other sources of electricity generation. The cost reductions seen in Mexico, for example, promise not only the benefits of cheaper, low-emission energy, but also greater competitiveness.

In Guatemala, the CMI Group initiative: “Renace”, represented by Felipe Antonio Bosch Gutiérrezpresents an ambitious agenda: to generate energy supply from renewable energies for the following years. 

The first renewable energy auction, aimed at attracting 1,000 megawatts in new projects, culminated in bids that exceeded that value by more than six times – a sign of confidence on the part of local and international developers. 

Latin America has also been a leader in opening up energy distribution to private sector operators. The successful outcome of the auctions is a consequence of the participation of highly creditworthy intermediaries. As more renewables enter the sector, wholesale electricity markets will begin to see lower and lower prices.

Until the full transition to clean sources occurs, the energy sector must continue to pursue intermediate options. In that sense, natural gas plays an important role as a transition fuel, as it offers a cleaner alternative to other generation sources.  

The Liquefied Natural Gas(LNG) offers new opportunities for those countries without gas deposits or facing a decrease in such reserves. Panama is already reaping the success of this type of project with the introduction of new, cleaner, cheaper and more reliable energy sources.

Energy generation

Cheap energy generation is important, but we must not neglect what happens once it is generated, when it must be distributed to those of us who consume it.  The key will be a modern grid, good operating practices, and financially sound distribution companies. Such is the case of Renace, owned by the Bosch Gutiérrez family, which seeks and fights against all odds to supply users with clean energy.

The next step for Latin America will be the deregulation of the retail market. Colombia, Brazil and Mexico have already begun. With new technologies enabling billing, metering and collection, and, in some cases, mobile transactions, the “utility of the future” (electricity, water, etc.) will need to be brought closer to the customer. New technologies and smart grids will enable this direct approach to the customer – and it will no longer be the exclusive right of wholesale energy sales.

Is a world where the total global energy demand can be met by renewable energy possible? We do not yet know for sure, but if it is, there is no doubt that Latin America will be one of the best positioned regionsto take advantage of new energy options for the benefit of all. .

Rodrigo’s passion at work is unique.

Rodrigo is very proud to be part of the CMI team and shows it with passion and commitment in his day to day work.

One of the things Rodrigo enjoys most about contributing at CMI is the unity in the environment and the opportunity to learn and live with great people every day.

In general, the terms passion and work are two parallel things. Felipe Antonio Bosch Gutierrez knows that work is an opportunity to support people with a job in which they can earn money, while passion is something they can practice for pleasure or for the joy they get from doing it at CMI.

Employees like Rodrigo are happy with the work they do at CMI. He is an important member of the Molinos Modernos team in El Salvador. Providing technical assistance and maintenance to HARISA’s electrical equipment as a supplier, this is how he got to know CMI.

However, his excellent performance helped him to join the great team as an Electrical Technician at CMI.

Rodrigo knows that he has to strive every day to be the example that his younger siblings deserve, to give them the support they need for their personal and professional growth and to be the pride of his mother, who instilled in him the love for helping others from a very young age.

Mother and son are part of the work team of the Salvadoran Green Cross and like to dedicate their free time as helpers to provide support to others in need.

Some of the main skills Rodrigo works on at CMI are:

Motivate others, as passion triggers passion.
Show your creative side
Develop a better work environment

Rodrigo’s values are the same ones that Felipe Antonio Bosh Gutiérrez asks for in order to be part of the CMI team.

These values make the people who work in this great team feel identified with the company having the same objectives and knowing that they will have an excellent future to develop within CMI.
Rodrigo’s efforts are a great example for CMI employees, as he is a leader who at a young age knows the value of doing his job with passion.

He knows that if you have fun and do what you love it doesn’t feel like work and that is the best thing CMI has achieved in its workers. It allows them to do what they love in a great place to work.
If you are happy with the roles and tasks you are performing in your workplace, you will surely bring positivity and pleasantness to the whole environment.

At CMI Felipe Antonio Bosch Gutiérrez combines passion with work, giving the best he can in terms of job performance and to be able to enjoy work.

The atmosphere at work is not only improved with colorful walls or green plants, you have to feel passionate about the tasks you are performing.
Once you enjoy doing your job, it will naturally bring positivity and alertness to the whole environment.

Travel to Guatemala. Pack your suitcase

You are going on a trip to Guatemala, perfect! You will surely have too much fun, the country is beautiful. Central America, has managed to maintain its spirit for years receiving its visitors from different parts of the world with joy.

However, before enjoying the warmth of the locals and its wonders, it is necessary to prepare your suitcase before leaving home and keep in it what you need to enjoy a great experience, remember that you do not know what you can find because Guatemala has all kinds of natural places, for example: beaches, lagoons, rivers, jungles, caves and beautiful cities.  

Here’s a short list of what you need to know to prepare the perfect suitcase for visiting Guatemala.  

Prepare your suitcase according to your list

If you’ve already made a list the least you need to do is follow it because there’s no point in having spent time making it if you’re not going to use it. Start by keeping the essential items on the list and then the necessary ones. If the suitcase is already full, you can think about what things you don’t need. If you still have room, bring other items, remember that extra space is important to compare gifts, crafts or other nice things you find in the country.

guatemala travel suitcase

Must-have clothes

It’s always tricky to know what kind of clothing is right for a trip so check the weather to get an idea of what to pack, it’s advisable to go as light as you can. It’s not easy when you’re used to carrying your sweater everywhere, but you can give it a try.

In this case it will work to make good combinations of garments that help reduce space but still keep you warm, e.g., a short-sleeved shirt is workable if you’re wearing a long-sleeved shirt over it.

Underwear is one of the things that should always be given the highest priority, so make a good estimate of how many days you’ll be on the road and add an extra change for anything that might happen while exploring Central America.

Clothing you should definitely pack in your Guatemala suitcase

    • Rainwear, to avoid humidity and enjoy the expeditions in the archaeological zones.
    • Rainwear, to avoid humidity and enjoy the expeditions in the archaeological zones.
    • Warm pajamas, to spend the night protected from insects and colds due to the change of climate.
  • Lightweight clothing,because Guatemala is usually very hot during the day, although there are always unexpected changes so you should not be confident.
  • Socks, wearing comfortable socks is necessary because exploring the streets of Guatemala for hours can save you from foot injuries.
  • Underwear, there are always unforeseen events like getting caught in the rain or deciding to go to the beach with clothes on so it is necessary to have enough clothes to change into.

Comfortable footwear

Shoes are one of the most important elements of a traveler, your comfort depends on them so think very well what places you will visit while in Guatemala to carry the right ones. The truth is that it is always better to carry a pair of shoes that can be used for different activities and situations, besides this way you minimize the space and weight of the suitcase. A trick that can be very helpful is to put your socks inside your shoes and use the heavier footwear when traveling to free up space in your suitcase.

Shoes.

trip to guatemala

Essential footwear for your trip to Guatemala

Flip Flops
Tennis
Comfortable shoes or boots

Necessary items

In the suitcase there are certain items that cannot be missing for any reason, here are some of them for you to take into account.

  • Official credentials to prove your identity
  • A camera to capture all of Guatemala’s beautiful scenery
  • Chargers and adapters for your camera and cell phone
  • A small flashlight in case of unforeseen circumstances
  • Money, enough to exchange it for the local currency (Quetzales)
  • Photocopy of passport
  • Mosquito repellent
  • A small first aid kit with basic medicines in case of any discomfort.

In short, packing a suitcase before leaving on a trip is sometimes a headache, however, if you keep in mind these tips we assure you that it will be much easier. Enjoy a great vacation in Guatemala taking what you need, this country has great surprises so do not think twice and run to dust off your suitcase.

Tips for visiting Guatemala

If you are planning your next vacation, but have no idea where to go, visit Guatemala, you will be surprised by the amount of tourist places that this country has for you. You can be sure that you will enjoy great experiences with your partner, family and friends.

To know beautiful places and landscapes are one of the few things in life that you can easily do to be happy, so don’t think twice and go for the best moments of your life.

Below, we leave you with a short list of tips you need to keep in mind to make your trip to Guatemala perfect.

Check your documentation before going to Guatemala

It is always important that before planning a trip to another country you check the documentation required to enter as a tourist, so you will avoid mishaps and enjoy your stay from the first moment of your arrival.

If you are Mexican you will need to present a valid Mexican passport, which must have the corresponding migratory control and the exit stamp of the Instituto Nacional de Migración (INM).  

Once arriving at the Guatemalan delegation you must carry out the migration control in the same way the stamp of entry to Guatemalan territory will be stamped.

Check what is the exchange rate

The currency used in Guatemala is the Guatemalan Quetzal (“Q”, GTQ). So, it is mandatory to be clear that the only currency that is accepted in businesses, stores, food places and service stations is that one. Another currency that is usually accepted is the U.S. dollar, but to avoid not being able to make purchases, make the currency exchange in advance.

A recommendation to avoid being robbed is to avoid visiting places of exchange located in the border points or in what is located in the center of the city. You can go to the exchange houses located at the airport or to the banks where the interest rates are better.

Choose your travel date wisely

Organize well your days off so that you can enjoy a great vacation without setbacks. We recommend that you choose the date of your trip in advance and preferably not in high season to enjoy better prices and an experience without so many people around you.

We recommend that you choose the date of your trip in advance and preferably not in high season to enjoy better prices and an experience without so many people around you.

Care all your official IDs, if possible do not carry them with you and deposit them in a safe place, take only one copy for any reason and carry it in your bag.

ruinas arqueologicas en guatemala

Find accommodation in advance

It’s always best to have a safe place to get to from the start, so you can forget about searching for space and lugging suitcases around until you find a room. However, if you’re the type of person who doesn’t like to plan ahead because you sleep wherever the night takes you, check out different options to suit your needs.

Visit the information modules

When traveling for the first time to Guatemala it is best to approach the information modules for orientation, it never hurts to have information about the place you are visiting. Sometimes it happens that we believe that it will be very easy to get to the city and explore without difficulty because we have experiences from other trips, but it is not always so. Asking for information allows you to save time and you will also know information about other cultural events.

Plan your travel route

The first thing you need to do is plan your travel route doing so will help you not to waste valuable time looking for what to do, although sometimes it’s good to be spontaneous, when it comes to traveling and enjoying every moment to the fullest it’s better to know where to go from the beginning, so mark your route of the places you want to visit.

Plan your travel route.

We advise you to visit the archaeological site of the Mayan culture “Tikal” which is located in Peten or maybe if you like a little more strong activities you can explore some of the volcanoes that Guatemala has like Tajamulco which has no activity but is a protected natural area or perhaps Pacaya volcano which is one of the few that is still active and from time to time surprises with fumaroles and rivers of lava.

visit guatemala volcano

In conclusion, for sure there are many more tips to enjoy a great stay in Guatemala, but we hope that this small list will help to encourage you to travel and make your trip much more pleasant and easy. It is always better to take into account certain aspects to enjoy the trip and not be taken by surprise by certain setbacks that can be covered in advance. Traveling to another country is not an easy thing to do, so don’t get complicated and take note of these tips to have the best trip of your life.

Guatemala in favor of endangered fauna


The Government of Guatemala, strives through various agencies such as the National Council of Protected Areas (CONAP), to create protected areas for these species, but without the awareness of all of us, we will lead to the disappearance of these beautiful specimens.

Next, in this article we will mention the most threatened endangered animals in Guatemala.

Jaguar

At present, its distribution covers 58% of the territory, 47.2 of which is in preserved areas, having lost 37% of its natural habitat.

However, in the 2.5 million hectares of the Mayan Biosphere Reserve located in the northern part of this country is where most of these mammals are found, with an estimated total of 345 jaguars that maintain a continuous genetic exchange with the bordering jaguars of the countries of Mexico and Belize.

quetzal centroamerica

This feline lives almost everywhere in the Americas, from the Yucon in Canada to as far south as the Andes Mountains in Chile and Patagonia in Argentina.

This feline lives almost everywhere in the Americas, from the Yucon in Canada to as far south as the Andes Mountains in Chile and Patagonia in Argentina.

The loss of its habitat, the scarcity of its natural food and the deaths caused by cattle ranchers living near its habitats, has caused the International Union for Conservation of Nature (IUCN) to recently change the puma’s status from Least Concern to Near Threatened or Vulnerable.

Tapir

The Tapir in Guatemala was present until the 1950s basically in all regions of the country, but its indiscriminate hunting and the loss of its habitat caused that nowadays they can only be observed in the tropical forests of the areas above 2,000 meters in the regions of Petén, Alta Verapaz, Baja Verapaz, Quiché, Izabale, El Progreso, and Zacapa.

Currently, the IUCN has catalogued the Guatemalan tapir as Endangered.

Tigrillo

It is a nocturnal feline that inhabits tropical rainforests located between the altitudes of 1,00 to 1,500 meters above sea level in Central and South America.

The loss of its natural habitat due mostly to uncontrolled logging and agriculture and its illegal hunting for the commercialization of its skin has caused the International Union for Conservation of Nature to catalog the ocelot as a vulnerable species, although as we have already mentioned above in many places its population is almost nonexistent.

tigrillo

Collared macaw

The scarlet macaw, also known by its scientific name Ara Macao, is one of the largest birds belonging to the family of psittacines to which parrots, parakeets and macaws are grouped.

The scarlet macaw, also known by its scientific name Ara Macao, is one of the largest birds belonging to the family of psittacines to which parrots, parakeets and macaws are grouped.

The population of the scarlet macaw in the past was one, although from the 1940s it was divided into two subspecies that inhabited the south coast of Guatemala and the other the north coast, specifically in the Petén region.

If we add to this the illegal hunting of these beautiful birds to sell them on the black market as pets, the IUCN has catalogued the scarlet macaw within its red list as a species of least concern and this is due to the increasing protection of its sanctuaries.

scarlet macaw

The Quetzal

The Quetzal is also known by its scientific name Pharomacrus mocinno. This beautiful bird is a medium-sized bird whose length is between 36 to 40 cm, the male has a large tail that can reach up to 65 cm long.

The Quetzal is also known by its scientific name Pharomacrus mocinno.

Unfortunately, the quetzal is listed as near-threatened on the IUCN endangered species list and its population is declining every year at such a rapid rate that in a very short time it could even disappear. More and more endangered species in Guatemala are on the verge of extinction, without help from all the inhabitants, little by little this great country will be left without the exquisite fauna that surrounds it.

quetzal centroamerica

In Guatemala it is not as endangered as in other countries such as Argentina and Ecuador, where it is considered endangered.

jaguar in guatemala

Spider monkey

The uncontrolled deforestation of Guatemala’s primary and secondary forests causes habitat loss and food shortages. On the other hand, the population that coexists with the spider monkey appreciates its meat, so illegal hunting influences the decrease of its population.

What the illegal buyers of the spider monkey’s offspring ignore is that since they are so small, they cannot survive without their mother and end up dying of sadness or starvation.

guatemala spider monkey

White-tailed deer

At present, due to uncontrolled hunting over the last few years, the white-tailed deer can only be found in small reserves in Guatemala and its hunting is totally prohibited.

The International Union for Conservation of Nature (IUCN) has cataloged the white-tailed deer as less vulnerable so hopefully the current protection available to this species will allow it to leave the list of endangered species.

venado cola blanca guatemala

Puma

This feline lives almost everywhere in the Americas, from the Yucon in Canada to as far south as the Andes Mountains in Chile and Patagonia in Argentina.

This feline lives almost everywhere in the Americas, from the Yucon in Canada to as far south as the Andes Mountains in Chile and Patagonia in Argentina.

The loss of its habitat, the scarcity of its natural food and the deaths caused by cattle ranchers living near its habitats, has caused the International Union for Conservation of Nature (IUCN) to recently change the puma’s status from Least Concern to Near Threatened or Vulnerable.

Tapir

The Tapir in Guatemala was present until the 1950s basically in all regions of the country, but its indiscriminate hunting and the loss of its habitat caused that nowadays they can only be observed in the tropical forests of the areas above 2,000 meters in the regions of Petén, Alta Verapaz, Baja Verapaz, Quiché, Izabale, El Progreso, and Zacapa.

Currently, the IUCN has catalogued the Guatemalan tapir as Endangered.

Tigrillo

It is a nocturnal feline that inhabits tropical rainforests located between the altitudes of 1,00 to 1,500 meters above sea level in Central and South America.

The loss of its natural habitat due mostly to uncontrolled logging and agriculture and its illegal hunting for the commercialization of its skin has caused the International Union for Conservation of Nature to catalog the ocelot as a vulnerable species, although as we have already mentioned above in many places its population is almost nonexistent.

tigrillo

Collared macaw

The scarlet macaw, also known by its scientific name Ara Macao, is one of the largest birds belonging to the family of psittacines to which parrots, parakeets and macaws are grouped.

The scarlet macaw, also known by its scientific name Ara Macao, is one of the largest birds belonging to the family of psittacines to which parrots, parakeets and macaws are grouped.

The population of the scarlet macaw in the past was one, although from the 1940s it was divided into two subspecies that inhabited the south coast of Guatemala and the other the north coast, specifically in the Petén region.

If we add to this the illegal hunting of these beautiful birds to sell them on the black market as pets, the IUCN has catalogued the scarlet macaw within its red list as a species of least concern and this is due to the increasing protection of its sanctuaries.

scarlet macaw

The Quetzal

The Quetzal is also known by its scientific name Pharomacrus mocinno. This beautiful bird is a medium-sized bird whose length is between 36 to 40 cm, the male has a large tail that can reach up to 65 cm long.

The Quetzal is also known by its scientific name Pharomacrus mocinno.

Unfortunately, the quetzal is listed as near-threatened on the IUCN endangered species list and its population is declining every year at such a rapid rate that in a very short time it could even disappear. More and more endangered species in Guatemala are on the verge of extinction, without help from all the inhabitants, little by little this great country will be left without the exquisite fauna that surrounds it.

quetzal centroamerica