NEWS

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Public-private mission travels to Spain and Morocco to promote investment in the DR

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The mission, which included among others the executive director of the National Council of Special Free Zones (CNZFE), Luisa Fernández, and the president of the Dominican Free Zones Association (ADOZONA), Federico Domínguez, will participate in the “XXI Latin American Free Zones Conference” to be held in Tenerife, Spain, on November 1st to the 4th of this year. The conference will analyze the role played by free zones in the economic and social development of those countries that have implemented this…

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PIISA INDUSTRIAL PARK: PRESENCE IN THE PROVINCIAL GAMES

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One of the pillars of our organization is collaboration and integration in the development of communities surrounding our Park; supporting this philosophy, we have donated 1200 T-shirts to be used by athletes participating in the XIV Sports Games of the Province of San Cristóbal: Haina 2017. The T-shirts were delivered to Mr. Junior Mercedes from the Games´ Organizing Committee by Rafael Piantini, Human Resources Manager for the PIISA Industrial Park.

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JOSÉ TOMÁS CONTRERAS IN WFZO

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Engineer José Tomás Contreras was selected member of the Board of Directors of the World Free Zones Organization (WFZO), representing the Dominican Republic, during its most recent assembly held in this Spanish city. (sic) The WFZO encompasses 350 free zones in 78 countries. According to this organization, there are some 3500 free zones in 130 countries around the world, representing over 70 million jobs, equivalent to approximately 1% of the active recorded world population. Contreras occupied the presidency of the…

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Two DR Free Zone Parks receive worldwide recognition

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Two free zone parks in the Dominican Republic received worldwide recognition as “2017 Free Zones,” during the closing ceremony of the XXI Latin American Conference of Free Zones, held in Santa Cruz de Tenerife, Canary Islands, Spain. The Itabo Industrial Park (PIISA) and the La Romana Free Zone Operator were recognized by the well-known publication FDI Intelligence, which every year evaluates the most successful free zones around the world. This recognition was received in the Santa Cruz de Tenerife Auditorium…

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Principal Global Manufacturers of Medical Equipment Operate in Dominican Republic Free Zones

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According to an article published by the American magazine “Medical Product Outsource (MPO”) entitled “Top 30 Medical Device Manufacturers,” the two largest manufacturers of medical equipment have direct manufacturing operations in the free zones of the Dominican Republic. This article lists the 30 largest companies in the world in this sector, according to worldwide sales in 2016, reported Luisa Fernández Durán, executive director of the National Counsel for Special Free Zones (CNZFE), through the Communications Director of the Ministry for…

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Edwards Lifesciences to Acquire Harpoon Medical for $250M

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Edwards Lifesciences Corporation, developer of patient-focused innovations for structural heart disease and critical care monitoring, announced this week the acquisition of Harpoon Medical Inc., a privately held medical technology company pioneering beating-heart repair for degenerative mitral regurgitation (DMR). Edwards announced a structured upfront investment in Harpoon in 2015, with an exclusive option to acquire the company. Under the terms of the merger agreement, Edwards paid $100 million in cash for Harpoon at closing on Dec. 1. In addition, there is the potential…

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Getinge and Verb Surgical Announce Strategic Partnership

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In this partnership, Getinge and Verb Surgical will combine their know-how and specific strengths to offer what promises to be a game-changing platform for the next generation of surgery. The Getinge and Verb solution of Surgery 4.0, or Digital Surgery, will include robotics, advanced visualization, advanced instrumentation, operating room integration, connectivity and data analytics/AI. As a result, Getinge enters the robotic surgery field in partnership with one of the most promising players in this field, while enabling Verb to leverage…

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Johnson & Johnson to Acquire Surgical Process Institute

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Johnson & Johnson Medical GmbH announced a definitive agreement to acquire German software company, Surgical Process Institute (SPI), a leading specialist for the standardization and digitalization of surgical workflows in the operating theatre. SPI provides innovative software solutions designed to improve patient outcomes and operating room efficiency by reducing variability in surgical procedures. This acquisition underscores Johnson & Johnson Medical Devices Companies’ commitment to driving better patient and customer outcomes through innovative technologies. Financial terms of the transaction have not been…

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Baxter recognized as responsible and sustainable business

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For the 18th consecutive year, Baxter has been recognized in the Dow Jones Sustainability World Index and the Dow Jones Sustainability North America Index, among the most prestigious global benchmarks for corporate responsibility and sustainability. The DJSI tracks the performance of the leading sustainability-driven companies worldwide, enabling investors to integrate sustainability considerations into their portfolios. Baxter is distinguished by its inclusion in the DJSI World Index each year since the Index’s creation in 1999. Baxter was recognized this year for…

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Edwards Life Sciences’ Haina Plant received two important recognitions from the Environmental Ministry of the Dominican Republic

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During December 2017, Edwards Life Sciences’ Haina Plant received two important recognitions from the Environmental Ministry of the Dominican Republic. Every two years the Environmental Agency in the Dominican Republic organizes the Clean Production Award  to recognize green projects and/or environmental management systems implemented within different organizations in the country. On this occasion, Edwards’ Haina Plant submitted the following two projects: (1) Energy Efficiency: Related to HVAC Equipment with High Efficiency Performance and (2) a Management System: Related to the…

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