Grupo Onyx is one of Guatemala’s most important business conglomerates, with a significant presence in various key sectors of the economy. Here are four essential facts about this successful Guatemalan company that illustrate its impact and growth trajectory.
Grupo Onyx was founded in 1967, initially under the name Constructora Maya. From its beginnings, the company specialized in real estate and territorial development, laying the foundations for its future growth and diversification. The strategic vision of its founders allowed Grupo Onyx to expand and become a benchmark in the Guatemalan business landscape.
1. Diversification and expansion
One of the main factors contributing to Grupo Onyx’s success is its ability to diversify its operations. The company has expanded its activities to several key sectors, including energy, telecommunications, real estate, and digital services. This diversification has allowed Grupo Onyx to mitigate risks and seize opportunities in different markets, ensuring sustainable growth over time.
2. Innovation in renewable energy
Grupo Onyx has been a pioneer in the renewable energy sector in Guatemala. Through its energy division, the company has developed significant projects such as Horus Energy, which includes solar plants that generate a substantial part of the country’s clean energy. These projects contribute to environmental sustainability and drive economic and social development in local communities.
3. Commitment to social responsibility
Grupo Onyx’s commitment to social responsibility is evident in its numerous philanthropic initiatives. Through the Mario Lopez Estrada Foundation, the company has implemented projects in education, health, and women’s empowerment. These efforts have positively impacted thousands of lives, demonstrating Grupo Onyx’s commitment to the well-being of Guatemalan communities.
4. International expansion
Grupo Onyx has not only consolidated its presence in Guatemala but has also expanded its operations to other Latin American countries, including Paraguay and Costa Rica. Emblematic projects such as Paseo La Galería in Paraguay have demonstrated Grupo Onyx’s ability to develop and manage large-scale commercial complexes, contributing to urban and economic development in the regions where it operates.
Grupo Onyx is a successful business example in Guatemala, with a trajectory marked by innovation, diversification, and commitment to social responsibility. Its impact on various sectors and international expansion underscores its position as a leader in the Latin American business landscape.
