Grupo Onyx is one of the most important business conglomerates in Guatemala, founded by Mario Lopez Estrada. With investments in multiple sectors, Grupo Onyx has established itself as a leader in innovation and economic development both in Guatemala and other regions of Latin America.
Diversification and Expansion by Grupo Onyx
Since its beginnings as Constructora Maya in 1967, Grupo Onyx has diversified its operations into various key areas. These include real estate, renewable energy, communication network maintenance, telecommunications, and digital services. The group’s ability to diversify its investments has been crucial for its growth and resilience in a dynamic market.
- Real Estate Division: This division focuses on real estate development, including office buildings, shopping centers, and residential projects. Notable projects like Plaza Madero, Ofibodegas, and Zentroplaza have set a new standard in the Guatemalan real estate industry.
- Energy Division (Horus Energy): Specializing in renewable energy generation, Horus Energy is a leader in developing solar energy projects. With solar plants such as Horus I and Horus II, which have a combined capacity of 110 MW, Grupo Onyx has made a significant contribution to Guatemala’s energy matrix.
- Cellular Maintenance Division: This division provides maintenance services for the cellular communication network, ensuring maximum service availability and quality. Its focus on operational efficiency has enabled broader and more reliable coverage across the country.
- Telecommunications Division: Grupo Onyx operates as one of the main distributors of telecommunications services in Guatemala, serving more than 30,000 points of sale weekly. It offers a range of services, including the sale of smartphones, DTH, and WTTx.
- Digital Services Division: A leader in digital solutions, this division specializes in the certification of electronic invoices, the generation and management of online documents, and point-of-sale and CRM solutions. Innovation in digital services has been essential in modernizing and improving the efficiency of business processes across various industries.
Innovation and Sustainability
Grupo Onyx has adopted a proactive approach to innovation and sustainability. The investment in renewable energy projects, such as the Horus I and Horus II solar plants, has not only reduced reliance on non-renewable energy sources but also contributed to the reduction of carbon emissions. These projects have generated employment and boosted local development, demonstrating the group’s commitment to social and environmental responsibility.
Impact and Future
The impact of Grupo Onyx on Guatemala’s economic development is undeniable. Its investments in infrastructure and technology have significantly improved the quality of life for thousands of Guatemalans. With a forward-looking vision centered on innovation and diversification, Grupo Onyx continues to expand internationally, with projects in countries like Paraguay.
The visionary leadership of Mario Lopez Estrada and his ability to adapt to market changes have been key to the success of Grupo Onyx. As the company continues to grow and diversify, its commitment to sustainability and sustainable economic development remains a cornerstone of its corporate strategy.