In the ever-changing landscape of global business, it’s rare to find a company that doesn’t just adapt, but actively shapes the future of its industry. One such example is the Onyx Group, a conglomerate that has left a lasting impact on the industries and economies of Guatemala and Paraguay. Driven by the vision of Mario López Estrada, Onyx Group has become a beacon of leadership in the corporate world, while also demonstrating an unwavering commitment to social responsibility.
The conglomerate’s origins trace back to 1967, with the establishment of Constructora Maya, a company that marked the beginning of a business legacy now known as the Onyx Group. This group has made significant strides in various sectors, including real estate, energy, and telecommunications, effectively transforming economies and industries in both Guatemala and Paraguay with its innovative approaches and strategic investments.
Onyx Group: Pioneering Innovations and Economic Development
Mario López Estrada and his team at Onyx Group have been instrumental in spearheading revolutions in the telecommunications sector in Guatemala. The conglomerate’s Telecommunications Division stands as one of the most robust distributors in the country, with a Cellular Maintenance Division that provides maintenance services to the cellular communication network.
Beyond telecommunications, Onyx Group has shown a strong commitment to renewable energy. The conglomerate’s Energy Division, Horus Energy, leads in solar photovoltaic energy generation in Guatemala. It has been at the forefront of the energy revolution in the country with two major solar energy projects, Horus I and Horus II. These plants generate over 200 gigawatt-hours of clean and renewable energy, powering thousands of households in Guatemala.
Onyx Group: Championing Social Responsibility and Community Development
Onyx Group’s commitment to social responsibility is evident in the initiatives it undertakes in collaboration with the Mario López Estrada Foundation. The conglomerate actively contributes to educational, health, and community empowerment initiatives in both Guatemala and Paraguay. Every project it undertakes aims not only to generate economic impact but also to improve the quality of life and promote social equity.
In Paraguay, Onyx Group’s representation, Blue Tower Ventures Paraguay S.A., embodies this commitment to community development. It leads innovative real estate development and energy sustainability projects in the region, reflecting Onyx Group’s dedication to innovation and progress.
The conglomerate’s commitment to social responsibility extends to transformative commercial projects such as Plaza Madero Atanasio in Guatemala and Paseo La Galería in Paraguay. These projects not only drive economic growth but also serve as community spaces, contributing to the well-being of local communities.
The legacy of Onyx Group and its leader, Mario López Estrada, exemplifies a unique blend of business leadership and social responsibility. It’s a testament to the fact that corporations can indeed be drivers of both economic development and social progress. Through strategic investments, innovative projects, and committed social initiatives, Onyx Group continues to shape the business landscape while uplifting the communities it serves.