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Grupo Salinas celebrates its 100th anniversary. During an event held at Mexico's Rufino Tamayo Museum, Grupo Salinas Chairman Ricardo B. Salinas officially inaugurated a series of events to celebrate a century of service throughout the Americas. Mr. Salinas was joined in the celebration by President Vicente Fox, President-Elect Felipe Calderon, members of their cabinets, as well as fellow business leaders such as Carlos Slim.
With operations in Mexico, the United States, Peru, Panama, Guatemala, Honduras and El Salvador, Grupo Salinas produces US$ 5 billion in annual revenue, which is equivalent to 0.6% of Mexico's GDP. Through activity in the broadcasting, retailing, telecommunications, financial services and Internet industries, the organization directly employs over 50,000 people.
"Our history is one of vision that was born when nobody thought you could sell with credit. We entered the entertainment industry when there was a monopoly and we offered innovative sales plans that allowed clients to purchase gross rating points instead of air time. And we entered the communications business when telephony practically became a basic service for our working classes," said Mr. Salinas.
"This Group is different because we don't fear change. On the contrary, we seek change on as part of our daily lives, seeking to improve societies wherever we operate. We are different because we take risks and have the courage to not accept a 'no,' when the answer should be a 'yes.' And we are different because the success of the Group resides in its people.
"Our mission as businessmen is to create capital, foment investment and generate jobs. In short, our mission is to promote economic growth," concluded Mr. Salinas.
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