The sales projections for this year represent an increase of $41 million in relation to what was sold in 2010, said Silvana Marsicovetere, president of the Association.
"Marsicovetere added that in the periods 2008 and 2009 the effects of the economic crisis hit the sector in general, which led to a slowdown in catalog sales", reported Prensalibre.com.
The catalog sales or direct sales system has seen explosive growth since 2000.
Source: prensalibre.com
More on this topic
July 2011
Representatives of the sector have reported an increase in sales primarily in light load transport vehicles.
Cesar Brenes Quiros provides an analysis in Elfinancierocr.com on the automotive market in consultation with the principal distributors of vehicles.
Purdy Motor, distributor of the Hino brand, reported a 46% increase in sales in 2010 compared to 2009.
August 2011
Businesses reported taxable sales in July of $3.503 million, 18.6% higher than in the same period last year.
In the services industry, the increase is 10.4%, up from $1,134 million in July 2010 to $1.261 million in the same month of 2011, according to the Superintendency of Tax Administration (SAT).
January 2012
Businesses described profits as "robust" and declared total sales of $110 million in 2011.
The pharmacy business experienced significant growth in 2011, earning $110 million, an increase of 22% compared to the $90 million earned last year, said the president of the Nicaraguan United Pharmacy Association, (AFUN in Spanish), Alberto Lacayo.
July 2009
The Panamanian conglomerate reported sales of $60.9 million for the first quarter of 2009, 4.8% more than the same period in 2008.
The Poultry Farms and Restaurant divisions were those which reported increases in their sales, not the real estate division.
Reporter Edith Castill Duarte writes in her article for Prensa.com: “Grupo Melo is advancing its plans to go into Colombia in the restaurant industry with its chain Pío Pío, and hopes to formalize the plans by the end of the year. The vice-president of finances, planning and treasury, Eduardo Jaspe, said that the division is operating within budget, and that they are in the process of opening seven new restaurants for the local market in distinct points throughout the city.”
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