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German Efromovich

German Efromovich (b.1948) is a Bolivian-born Brazilian-Colombian entrepreneur born to a family of Polish Jews in Bolivia, and raised in Arica, Chile. He had many jobs and activities in Brazil, from selling encyclopedias to the ownership of a school before consolidating his billionaire oil and aviation empire.

Initially performing only NDT for Brazilian-government-run oil company, Petrobras, Efromovich developed more business to the point of building and leasing oil rigs. His other businesses include power plants and medicines.

After the sinking of one of these oil rigs and legal disputes with insurance companies and with Petrobras, Mr. Efromovich began investing in aviation. He launched the Brazilian airline OceanAir and, in 2004, purchased the Colombian legacy airline Avianca from Julio Mario Santo Domingo. As a result of his major investments in Colombia's economic and social development, Mr. Efromovich was officially made an honarary Colombian citizen in 2005.,

Related websites

Avianca press release. 2005.

Official press release from the Presidency of Colombia. 9 November 2005.

Ecopetrol interview with German Efromovich, May-June 2005

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