• Costa Rica Real Estate
Appliance company Mabe closes Costa Rica plant, lays off 445 employees
Business
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Business
1856 views

Appliance company Mabe closes Costa Rica plant, lays off 445 employees

L. Arias - December 4, 2015

Mexican appliance manufacturer Mabe on Friday announced the closure of its refrigerator manufacturing plant in Costa Rica and the immediate dismissal of 445 of its 540 employees.…

Rawlings lays off 200 employees at its Costa Rica apparel operation
Business
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Business
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Rawlings lays off 200 employees at its Costa Rica apparel operation

L. Arias - August 4, 2015

Sporting goods manufacturer Rawlings Costa Rica is laying off 200 employees at its plant in Turrialba, east of Cartago province, the company's local GM, Alejandro Cotter Penón, confirmed…

El Gallito stores close after 106 years in business; more than 200 employees dismissed
Business
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Business
1471 views

El Gallito stores close after 106 years in business; more than 200 employees dismissed

L. Arias - August 3, 2015

The iconic Costa Rican store Almacén El Gallito, which in recent years sold mostly party supplies and furniture, last Friday closed its seven locations in Costa Rica citing financial…

Local cargo company dismisses 65 employees
Business
1263 views
Business
1263 views

Local cargo company dismisses 65 employees

L. Arias - March 13, 2015

Costa Rican company Transportes Internationales GASH dismissed 65 workers in early March “due to a recent drop in cargo volumes,” general manager Luis Guillermo Solís Fernández announced in a…

Employment outlook slightly better for Ticos in coming months, survey finds
Business
1398 views
Business
1398 views

Employment outlook slightly better for Ticos in coming months, survey finds

L. Arias - March 11, 2015

Most Costa Rican companies are sticking with the employees they have for now, a new jobs survey found. Though the hiring outlook for the second quarter of…

Industry leaders say Costa Rica’s poor business climate drove out iconic snack food company
Business
2869 views
Business
2869 views

Industry leaders say Costa Rica’s poor business climate drove out iconic snack food company

L. Arias - February 27, 2015

Citing high production costs, increasing electricity rates and taxes, the Costa Rican food company Alimentos Jack’s announced plans this week to move 50 percent of its operation to the U.S.,…

San José business group including former fugitive Luis Milanés closes 103-year-old hotel and 2 casinos
Business
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Business
1939 views

San José business group including former fugitive Luis Milanés closes 103-year-old hotel and 2 casinos

L. Arias - November 20, 2014

Owners of San José's Europa Hotel & Casino and Hotel Radisson’s Casino – including the former head of the defunct "investment" scheme Savings Unlimited, Luis Milanés Tamayo, aka…

Costa Rica’s Grupo Nación closes three publications, lays off 100 workers
Business
1629 views
Business
1629 views

Costa Rica’s Grupo Nación closes three publications, lays off 100 workers

L. Arias - November 13, 2014

Costa Rica’s daily La Nación on Thursday reported on its website a “restructuring of the business model of its parent corporation Grupo Nación (GN), which includes the closure of…

Tech support company Motif closes operations in Costa Rica, laying off 90 workers
Business
2596 views
Business
2596 views

Tech support company Motif closes operations in Costa Rica, laying off 90 workers

L. Arias - November 3, 2014

The U.S.-based company Motif last Friday announced the closure of its customer support call center in Heredia, north of the Costa Rican capital. The news was confirmed in a…

Faced with a $500,000 Caja debt, La Condesa Hotel closes, firing 140 workers
Business
2143 views
Business
2143 views

Faced with a $500,000 Caja debt, La Condesa Hotel closes, firing 140 workers

L. Arias - October 2, 2014

A ₡266 million ($498,000) debt with the Costa Rican Social Security System, or Caja, has prompted the indefinite closure of Heredia-based La Condesa Hotel. A staff of 140 employees…

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