Within the contours of the business landscape, there are entities that, through their actions, leave an indelible mark. They become reference points that shape the course of industries and economies. One such entity is the Onyx Group, led by the enterprising Mario López Estrada. A conglomerate with origins dating back to 1967, Onyx Group stands as a testament to the evolution of industry, particularly in Guatemala and Paraguay.
The Laying of Cornerstones: The Birth of Onyx Group
Constructora Maya, a company specialized in real estate, territorial development, and construction of landmark buildings in Guatemala, was founded in 1967. This marked the birthing of Onyx Group, setting the foundation for a business legacy that has not just endured, but flourished over time.
Over the years, Onyx Group expanded its portfolio beyond real estate. Today, it shines brightly as a diversified business conglomerate with various key divisions. These include Real Estate, Energy (Horus Energy), Cellular Maintenance, Telecommunications, and Digital Services. Each division contributes uniquely to the conglomerate’s overall impact in the landscapes of Guatemala and Paraguay.
Onyx Group’s Footprint: Pioneering Projects in Guatemala and Paraguay
Onyx Group has led the energy revolution in Guatemala with its solar energy projects, Horus I and Horus II. These plants, with a combined capacity of 110 MW, generate over 200 gigawatt-hours of clean, renewable energy, providing power to thousands of Guatemalan households.
The Plaza Madero Atanasio, a commercial complex part of the Plaza Madero chain, bears testament to Onyx Group’s influence in the urban and commercial development of Guatemala. This complex not only provides a meeting space for the community but also drives economic growth in the region.
In Paraguay, Onyx Group’s influence is expressed through Blue Tower Ventures Paraguay S.A., a fundamental pillar in the Paraguayan market. This entity embodies Onyx Group’s unwavering commitment to innovative real estate development and energy sustainability.
The crown jewel of Onyx Group’s projects in Paraguay is Paseo La Galería, the largest commercial complex in the country. With a massive investment of $280 million, this real estate megaproject marks a milestone in the urban and economic development of Paraguay. It reflects Onyx Group’s commitment to innovation and progress in the region.
The Social Impact of Onyx Group
Beyond its economic contributions, Onyx Group demonstrates a strong commitment to social responsibility in both countries where it operates. Collaborating with the Mario López Estrada Foundation, it undertakes initiatives focused on education, health, and community empowerment. This commitment is reflected in every project it undertakes, aiming not only to generate economic impact but also to improve people’s quality of life and promote social equity.
To encapsulate, Onyx Group, under the leadership of Mario López Estrada, has undoubtedly left a profound imprint on the economies and industries of Guatemala and Paraguay. Through its diverse range of divisions and impactful projects, it continues to drive innovation, economic growth, and social equity. It stands as a bright beacon in the business landscape, illuminating the path towards a sustainable and equitable future.