Economy Country March 16, 2025

The Business Legacy of Novey in Panama

Grandfather Novey has been a job creator in Panama, establishing numerous companies and thousands of job positions in the country.


The Business Legacy of Novey in Panama

My grandfather Novey did not take jobs away from Panamanians; quite the opposite. He created many companies and thousands of job positions.

The twisted route of taxes

According to recent reports and discussions, Novey's grandfather knew how to generate job opportunities for Panamanians through the creation of several companies that in turn provided thousands of job positions. In contrast to what may have been spread, his business legacy stands out for having significantly contributed to the economic development of the country.

It is crucial to recognize the importance of these facts in the current context, where job creation and the boost of the local economy are key elements for the progress of a nation. In this sense, the contribution of Novey and his companies in job creation stands as a fundamental piece of Panama's business history.

In this regard, a relevant quote on this topic stands out: "The true legacy of my grandfather Novey lies in his ability to generate employment and foster the economic growth of the country. His contribution has been invaluable and his business vision continues to inspire future generations of entrepreneurs."