Olímpica Stereo
Olímpica Stereo is the most listened radio station in Colombia. It registers a 21% of preference among all the listeners in the country. It belongs to the Organización Radial Olímpica Network, which is owned by the Char Family, one of the most influential of the Colombian Caribbean coast. Olímpica Stéreo manages a mainly musical programming. However, it broadcasts informative sections for 15 seconds several times a day, in which the four most important headlines are presented.
In the advertising spaces of the media is quite common the advertising of the companies belonging the Char Family, as Olímpica supermarkets and drugstores.
Today, Olímpica Stereo is broadcast in Armenia, Barranquilla, Bogota, Bucaramanga, Cali, Cartagena, Cúcuta, Ibagué, Manizales, Medellín, Montería, Neiva, Pereira, Santa Marta, Sincelejo, Valledupar and Villavicencio. The Organización Radial Olímpica has four radio systems and about 30 frequencies. It also has two brands with presence in Panama (La KY and Radio Mil).
It is in the year 1969 when the Char Family purchases Radio Regalos, the seed of the Organización Radial Olímpica ORO. For the period 1972-1973 the Olímpica stations expand with Radio Príncipe (am) and Emisoras Atlántico. In 1978, Olímpica Stereo was officially created. The following year it begins its expansion to the main cities of the country.
Audience Share
21 %
Ownership Type
Private
Geographic Coverage
regional - Armenia, Barranquilla, Bogotá, Bucaramanga, Cali, Cartagena, Cúcuta, Ibagué, Manizales, Medellín, Montería, Neiva, Pereira, Santa Marta, Sincelejo, Valledupar y Villavicencio
Content Type
Free Content
Media Companies / Groups
Organización Radial Olímpica S.A.
Ownership Structure
Char Hermanos Ltda is the greatest shareholder of the Organización Radial Olímpica S.A. media group with 39.1 %. The company Char Díaz y Cia and Farid Char y Cia S.C. own the remaining shares. The
owners of these three companies are the Char Family. The Char’s are also owners of several companies on different sectors like trade, financial, industrial, real state, among others.
Voting Rights
No Data
Group / Individual Owner
Char Hermanos Ltda.
Company of the Char Family 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.
Char Díaz y Cía
Company of the Char Family
whose managers are Miguel Char Abdala and Graciela Isabel Díaz de Char.
Farid Char y Cía S.C.
Company of the Char Family with partners (Farid Char Yidi, Maricel Char Yidi, Mauricio Farid Char Yidi, Gladys Betriz Yidi de Char and Farid Char Abdala).
General Information
Founding Year
1969
Founder
Fuad y Miguel Char Abdala | Fuad was the Governor of Atlántico in 1984, Minister of Development (between 1986–1990), Ambassador in Portugal (2007-2008) and Senator of the Republic in several terms (1992-1994; 1994-1998; 1998-2002; 2002-2006). He began his
Ceo
Pedro Antonio Segrera Gómez
Editor-In-Chief
Dalia Bernal Monsalve
Other Important People
He is the president of Grupo Empresarial Olímpica. He is a partner of the company Char Hermanos Limitada, which controls 39.1% of the Organización Radial Olímpica S.A. He also participates in the companies Supertiendas y Droguerías Olímpica S.A and Granos y Cereales de Colombia S.A.; companies owned by the Char Family who also control shares in the media group. He was president of Club Junior of Barranquilla (owned by the Char Family) between 1991-1993; 1998; 2001; 2004-2007; 2010-2013. He is the son of Fuad Char Abdala, a Colombian politician and well-known entrepreneur in the Caribbean Coast.
She is the President of Sonovista Publicidad S.A (Char Family Company)
She also participates in the companies Supertiendas y Droguerías Olímpica S.A and Granos y Cereales de Colombia S.A.; companies owned by the Char Family who also have shares in the media group. She is married to Lucas Lebolo (former member of the Congress by the Liberal Party. He is a member of the board of directors of the Instituto de Fomento Industrial). She is the daughter of Simón Char Abdala and the niece of Fuad Char Abdala,
He is one of the directors of Supertiendas y Droguerías Olímpica S.A, perhaps the most representative company of the family. He participated in the creation and promotion of several companies of the family. He is the brother of Fuad Char Abdala,
He was Ambassador to the Dominican Republic in the first administration of Juan Manuel Santos. 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 the board of directors of the companies Supertiendas y Droguerías Olímpica S.A, and Char Hermanos Limitada, companies owned by the Char Family who also control shares in the media group. He is the brother of Fuad Char Abdala,
He is one of the directors of the Char Díaz y Cia, which is owner of the 20% of the Organización Radial Olímpica S.A. ORO. He is the brother of Fuad Char Abdala.
He participates in the board of directors of the companies Supertiendas y Droguerías Olímpica S.A and Granos y Cereales de Colombia S.A., companies owned by the Char Family who control shares in the media group. He is also one of the directors of the Club Deportivo Popular Junior F.C. S.A. – Junior F.C. S.A., a company owned by the Char family. He is the brother of David Char Navas (Senator 2006-2010 for Cambio Radical; Member of Congress 2002-2006 for the Liberal Party). He is the son of Jabib Char Abdala, and the nephew of Fuad Char Abdala,.
He is one of the directors of Granos y Cereales de Colombia S.A. and Farid Char Y Cia S.C., companies owned by the Char Family who control shares in the media group.
Contact
Carrera 46
94 - 29 / Bogotá Sitio web: www.olimpicastereo.com.co
Financial Information
Revenue (in Mill. $)
USD $ 24.763.000 / $ 72.921 millions
Operating Profit (in Mill. $)
USD $ 2.022.920 / COP $ 5.957 millions
Advertising (in % of total funding)
No Data
Market Share
No Data
Further Information
Meta Data
Financial information: exchange rate: 1 USD = 2.937,88 COP
Sources
E-informa. Perfil económico de empresa Char Díaz S.A.
E-informa. Perfil económico de empresa Char hermanos Ltda.
E-informa. Perfil económico de empresa Organización Radial Olímpica S.A.
Registro Mercantil. Perfil Char Díaz S.A.S
Registro Mercantil . Char hermanos Ltda
Registro Mercantil. Organización Radial Olímpica S.A
Registro Único de Proponentes. Organización Radial Olímpica S.A
Registro Único Empresarial y Social. Organización Radial Olímpica S.A
Superintendencia de sociedades. Consulta general de sociedades. Char Díaz S.A.S
Superintendencia de sociedades. Consulta general de sociedades. Char hermanos Ltda
Superintendencia de sociedades. Consulta general de sociedades. Organización Radial Olímpica S.A
Cámara de Comercio de Barranquilla. Certificado de existencia y representación legal. Char Díaz S.A.S
Cámara de Comercio de Barranquilla. Certificado de existencia y representación legal. Char Hermanos Limitada
Cámara de Comercio de Barranquilla. Certificado de existencia y representación legal. Farid Char & Cia SC
Cámara de Comercio de Barranquilla. Certificado de existencia y representación legal. Granos y Cereales de Colombia S.A.S
Cámara de Comercio de Barranquilla. Certificado de existencia y representación legal. Promotora inmobiliaria M Char y Cia, en liquidación
Cámara de Comercio de Barranquilla. Certificado de existencia y representación legal. Organización Radial Olímpica S.A.
Cámara de Comercio de Barranquilla. Certificado de existencia y representación legal. Servicios Financieros S.A. Serfinansa compañía de financiamiento
Cámara de Comercio de Barranquilla. Certificado de existencia y representación legal. Simba Ltda, en liquidación
Cámara de Comercio de Barranquilla. Certificado de existencia y representación legal. Simba S.A.S
Cámara de Comercio de Barranquilla. Certificado de existencia y representación legal. Supertiendas y droguerías Olímpica S.A – Olímpica S.A
Cambio Radical. Fuad Char.
Universidad de los Andes (2011). El Heraldo Reitero que Supertiendas Olímpica no está en venta.
