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Economy

Medellin public utilities company approves 2012 budget

by Toni Peters December 9, 2011
1.3k

EPM

The board of directors of the Medellin public utilities company EPM approves the 2012 budget at $3.95 billion, reported financial publication Portafolio Thursday.

The electricity, water and gas company said that 69% of the budget will come from income from lending services, 24% will come from loans and dividends from subsidiaries of the EPM Group, and the remaining 7% to come from initial availability from the cash flow.

economyEPMMedellin

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Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion