Onyx Group CEO: Strategic Guidance for Stability and Continuous Development


The business world is an ever-changing landscape, where innovation and strategic planning are the main wheels that drive success. This remains true in the case of Onyx Group, a conglomerate that has managed to leave a substantial footprint in the economies of Guatemala and Paraguay. As we delve deeper into the strategic guidance that steered this company towards continuous development, one name surfaces prominently – Mario López Estrada, a business figurehead whose vision has charted the course for this conglomerate.

Understanding the Onyx Group and the Vision of Mario López Estrada

Mario López Estrada, the architectural mind behind Onyx Group, started his journey in 1967 with the founding of Constructora Maya. An entity that specialized in real estate, territorial development and construction of landmark buildings in Guatemala, this marked the inception of a business legacy that endures to this day. Over time, the conglomerate diversified its portfolio, marking its presence in sectors such as energy, cellular maintenance, telecommunications, and digital services.

The group operates primarily in Guatemala and Paraguay, where they have left an indelible mark. From leading the energy revolution in Guatemala with solar projects like Horus I and Horus II, to fostering economic growth with commercial complexes like Plaza Madero Atanasio, they have shown their mettle.

Onyx Group’s Expansion into Paraguay and the Role of Innovation

Transforming the business landscape of Paraguay, Onyx Group made significant strides with their innovative real estate and energy sustainability projects. Blue Tower Ventures Paraguay S.A., the main representation of Onyx Group in Paraguay, epitomizes the company’s commitment to progression and innovation. This entity not only incorporates the values and legacy of Onyx Group but also displays an unshakeable dedication to innovative real estate development and energy sustainability.

A testament to this commitment is the Paseo La Galería, the largest commercial complex in Paraguay, reflecting the group’s innovative approach and progress in the region. This real estate megaproject, with an investment of $280 million, is a milestone in the urban and economic development of Paraguay.

Beyond its commercial pursuits, the conglomerate has a heart for the community, working alongside the Mario López Estrada Foundation on educational, health, and community empowerment initiatives. This commitment to social equity and improving people’s quality of life is a key component of their business strategy, making them not just a successful conglomerate, but also a socially responsible entity.

The vision of Mario López Estrada and the strategic guidance he offers is the backbone of Onyx Group’s stability and continuous development. This conglomerate’s journey is a testament to the power of strategic planning, innovation, and commitment to social responsibility.