BANCO ALIADO
BANCO ALIADO
As Panama is considered the most important and largest international banking center after Switzerland, with over 100 international banks operating in the country, our economy has always kept a great level of stability.
Adding the fact that Panamanian banking possesses the latest technology and one of the most stable banking jurisdictions in the world, Grupo Ashkenazi took part of this competitive market, which is one of the most active in the world.
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RADISSON COLON 2000 HOTEL & CASINO
RADISSON COLON 2000 HOTEL & CASINO
Inaugurated in 2008, it offers more than 100 comfortable rooms and services such as a business center. It also has a complete gym equipped with the best exercise machines, sauna, pool, restaurants and other amenities.
It is considered a “green hotel” and has gained various acknowledgements for the operation of its eco friendly laundry. In 2013 the Radisson chain gave it its biggest prize, the President Award, to an outstanding excellence in service, which is based on guests comments and opinions.
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PORT OF COLON
PORT OF COLON
It began operations in 2000 and has two port terminals that, besides attending cruise ships, also serve as ship chandler, including supply gas services, water, food and minor ship maintenance services. The port’s versatility allows the docking of small boats and private ships.
It also offers loose cargo ship services, many shops that cater to international visitors and a ferry service to nearby Colon areas and Panama City.
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UNIBANK
UNIBANK
With the goal of participating in the booming banking industry, Grupo Ashkenazi teamed with a renowned group of investors to create Unibank, a new but financially strong bank that began operations in 2010.
Its Board of Directors is comprised of successful businessmen and industrialists of great commercial experience, a guarantee that Unibank is managed with the highest banking standards, offering its clients a wide array of integral financial solutions for all types of companies.
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CANAL AND BAY TOURS
CANAL AND BAY TOURS
This interesting tourist company for both locals and foreigners has three boats with a 900 plus capacity: Isla Morada, El Tuira, and Fantasia del Mar.
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AVENTURAS 2000
This tour operator, founded in 1999, provides tours and special guided visits within the Panamanian territory for both locals and foreigners. It has earned, for ten consecutive years, the Best Tour by the Princes Cruise company for its Panama Canal crossing adventure.
It also offers tourist a wide array of options for their holiday vacations, from eco tours, canopy rides, train rides, visits to the Embera indigenous community, as well as shopping tours around Panama City.
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ABOUT US – HISTORY
OUR GROUP - HISTORY
During the early 70’s, brothers Joseph and Marco Ashkenazi, always guided by an entrepreneurial spirit and new business opportunities, made their way into the clothing manufacturing industry, joining their efforts to establish JOMARC. Later on, they also got involved in the retail chain store business.
In the 80’s, wanting to diversify their investments, the Ashkenazi brothers went into business with another corporate group in the Colon Free Zone, America’s biggest free zone and the second largest in the world. Their entry was Importadora & Exportadora ROSEN, the first showroom specializing in bags, briefcases, purses and wallets, which was quickly followed by Tempo Internacional, a wholesale clothing showroom that besides stocking their own retail stores in Panama City offered products to other countries in Latin America. Rodeo Import came next, a company focused on overall products for the home. Some years later, Rodeo Sport was established, the largest sporting goods distributor in the region.
Parallel to their Zona Libre expansion, the group got involved in the construction and real estate businesses in 1995 creating warehouse buildings, residences and shopping malls. In partnership with another company, they delved into the tourist market by inaugurating the Colon 2000 Cruise Port, the first of its kind in the city of Colon which began operations in 2002.
This ambitious project was complemented later on with the construction of the Radisson Colon 2000 Hotel & Casino. In 2008, they inaugurated a second port also in Colon 2000, thus creating a permanent home port that has enabled the entry of thousands of tourists into Panama.
Always diversifying, the group has also taken part of other competitive industries. As Panama becomes renowned for its booming banking activity, Grupo Ashkenazi makes an incursion into local banking as partners in Banco Aliado and later Unibank.
In the new century, they made an entry in the reforestation industry with the Rio Piedras estate in Panama’s Atlantic coast and created Inver Forest. This forest development project has 2,800 hectares near Portobelo in Panama’s Colon province, out of which 400 are exclusively dedicated to teak plantations. The estate also offers the added value of being very close to the city and provides a beautiful view to Panama’s Caribbean coastline, reaffirming this land’s large business potential. Actions have also been taken to be part of the energy sector with the Hidrotenencia project, which is already well advanced.
In the year 2010 they began construction for the Mega Mall shopping center in the 24 de diciembre area, to be launched in 2015. It represents one of their most ambitious projects in Panama City. This project joins a long list of high-end residential and commercial buildings constructed in the city.
Following a vision that is ahead of its time, Grupo Ashkenazi will soon impact Panama’s real estate market an ambitious commercial, industrial and residential development project called Panatropolis, located over 850 hectares that neighbor Panama’s Tocumen International Airport and the Corredor Sur highway.
It has been a brotherly bond together with a clear business vision and hard work, that have made Grupo Ashkenazi the commercial giant that it is today.
AT THE BEGINING
AT THE BEGINING
The value for building permits in Panama grew 27% in 2013 in comparison to the previous year, according to official sources, and specialists consider that this industry sector will keep growing focusing on the construction of homes, hotels, and logistic developments. 36% of the investments in the construction industry in Panama are aimed at apartment and condo projects.
36% of the investments in the construction industry in Panama are aimed at apartment and condo projects. In 2013’s third trimester, 55 buildings began construction totaling 1,539 apartments, according to official sources. Second in line is the construction of individual homes with 14.3%.
Grupo Ashkenazi started in the real estate and construction business in the mid 90’s, with ambitious projects in Panama City, Colon, and in other parts of the country.
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TEMPO INTERNACIONAL, S.A.
TEMPO INTERNACIONAL, S.A.
Specializing in all kinds of clothing for women, men, children and babies, this company was founded by Grupo Ashkenazi over 20 years ago, and has the precise location on Colon’s Free Zone to safely allow the biggest commercial transactions.
This feature allows Tempo International buyers to rely on the experience and logistic backup of the largest free zone in the region.
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AQUA FASHION
AQUA FASHION
Created in 2005 for the wholesale of shoes for women, men and children, it is conveniently located within the Colon Free Zone and it is benefitted with tax incentives and a modern communications network.
Aqua Fashion stands out for its product variety and quality among the over 1,600 companies in the ZLC. It has a showroom with multiple models and styles, as well as the capability to supply the biggest retail chains in the Caribbean and Central and South America.
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