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Organización Radial Olímpica S.A.

The Organización Radial Olímpica is owned by the Char Family since 1969, and it currently has more than 30 radio frequencies in the country.

The Char Family is one of the most influential families on the Colombian Caribbean Coast. It groups the most important stations of the Colombian Caribbean Coast, to which the country’s most listened station (Olímpica Stereo) also belongs. It owns more than ten companies in different sectors of the economy, among which the following are outstanding: the Supertiendas and Droguerías Olímpica, and the Club Deportivo Popular Junior of Barranquilla. Several members of the Char Family have held public office (either by election or appointment) both at local or national level. Among its members we find Mayors, Councilmen, Senators, etc.

The Char are renowned for their political power in the region, their chains of drugstores and supermarkets Olímpica, their stockholding in the Junior de Barranquilla football club and their construction contracts.

There has been a close relation between the Char family and the El Heraldo newspaper . Fuad Char financed El Heraldo when it went through an economic crisis and was at risk of bankruptcy. Its owners are close friends and although there is no relationship of economic dependence, the closeness between the companies still remains.

 

Key facts

Business Form

Private

Legal Form

Sociedad Anónima

Business Sectors

Agribusiness, Trade, Communication, Sports, Financial, Industrial, Real Estate, Investment, Advertising

Ownership

Char Hermanos Ltda.

The Char Family’s company with the following partners: Bapacol SAS, Alejandro Char Chaljub, Jabib Char Abdala, Antonio Char Chaljub, Farid Char y Compañía SC, Lilia Esther Navas Navarro, Simba Ltda, Gladys Beatriz Yidi de Char

39.1%
Media Outlets
Other Media Outlets

Other Radio Outlets

Emisora del Atlántico

Other Online Outlets

emisoraatlantico.co

Facts

Media Business

Advertising

Sonovista Publicidad S.A.

Business

Agribusiness

Alimentos Concentrados Del Caribe S.A.

Trade

Supertiendes y Droguerías Olímpica S.A.

Sports

Club Deportivo Popular Junior F.C. S.A.

Financial

Servicios Financieros S.A.

Industry

Empaques Transparentes S.A.

Real Estate

Promotora Inmobiliaria M. Char & Cia S.C.

Investment

Farid Char & Cia S.C.

Investment

Golden Gate International Corp.

General Information

Founding Year

1969

Founder

Fuad Ricardo Char Abdala and Miguel Char Abdala | Compare Owners

Employees

187

Contact

Calle 72 No 48-37. / Barranquilla.Teléfono: (5) 3850500Sitio Web: www.oro.com.co

Tax/ ID Number

No Data

Financial Information

Revenue (Financial Data/ Optional)

USD $ 24.821.000 / COP $ 72.921 millions

Operating Profit (in Mill. $)

USD $ 2.027.660 / COP $ 5.957 millions

Advertising (in % of total funding)

No Data

Management

Executive Board

Antonio Char Chaljub

He is the President of Olímpica Business Group.
He is a partner of the company Char Hermanos Limitada, which controls 39.1% of Organización Radial Olímpica S.A. ORO.
He also participates in Supertiendas y Droguerías Olímpica S.A and Granos y Cereales de Colombia S.A.; companies owned by the Char Family who also controls shares in the media group
He was president of Club Junior de Barranquilla (a Char Family’s company) between 1991-1993; 1998; 2001; 2004-2007; 2010-2013.
He is the son of Fuad Char Abdala, a Colombian politician and relevant entrepreneur in the Caribbean Coast.

Other Influential People

Pedro Antonio Segrera Gómez

Legal Representative and Director of Dalia Bernal Monsalve

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Meta Data

Financial information: exchange rate: 1 USD = 2.937,88 COP

Sources

E-informa. Perfil económico de empresa Char Díaz S.A.

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