SHARE:
International News Roundup
Economic ripples from Venezuela to Florida
AVIATION —
Punta Gorda-based Aviation Partners Group and Italybased aeronautic manufacturer OMA SUD have established a manufacturing partnership in Charlotte County. They will expand Aviation Partner's manufacturing facility and begin assembling OMA SUD's twin-engine, five passenger, Skycar aircraft. » Enterprise Florida was joined by 11 Florida companies at the Dubai Airshow in the United Arab Emirates, making the state the only one represented at that show. » Palm Beach Gardens-based Chromalloy, which supplies and repairs turbine engines, acquired United Kingdom-based aerospace from Trac Group, which supplies commercial aircraft engines and power generation systems.
BANKING —
Banco de Sabadell, the Spain-based parent of Sabadell United Bank, agreed to purchase Doral–based JGB Bank from Colombian billionaire Jaime Gilinski Bacal. Gilinski is Banco de Sabadell's largest shareholder, having acquired 9% of the bank through a September public offering. Gilinski also owns Banco GNB Sudameries, one of the largest privately owned banks in Latin America. » Banco do Brasil Americas, a subsidiary of Brazil's largest bank, applied to open a branch in Boca Raton, which will be its fourth Florida branch.
CRUISE —
The MSC Divina arrived at PortMiami for year-round homeporting, becoming the frst of Geneva, Switzerland-based MSC Cruises' ships to be based in the state year-round. MSC Cruises USA is based in Fort Lauderdale. The company has sailed seasonally from Port Everglades in the past.
The Venezuelan government has ordered retailers to lower prices, forcing some to sell below cost.
