Location of the Dominican Republic

The Dominican Republic is a sovereign state occupying the eastern five-eighths of the island of Hispaniola, in the Greater Antilles archipelago in the Caribbean region. The country has the ninth-largest economy in Latin America and is the largest economy in the Caribbean and Central American region.[1][2] Though long known for agriculture and mining, the economy is now dominated by services.[3] Over the last two decades, the Dominican Republic have been standing out as one of the fastest-growing economies in the Americas - with an average real GDP growth rate of 5.4% between 1992 and 2014.[4] GDP growth in 2014 and 2015 reached 7.3 and 7.0%, respectively, the highest in the Western Hemisphere.[4] In the first half of 2016 the Dominican economy grew 7.4% continuing its trend of rapid economic growth.[5]

For further information on the types of business entities in this country and their abbreviations, see "Business entities in the Dominican Republic".

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active      State-owned      Defunct
Name Industry Sector Headquarters Founded Notes
Aerolíneas Mas Consumer services Airlines Santo Domingo 2005 Airline, defunct 2015
Aeromar Líneas Aéreas Dominicanas Consumer services Airlines Santo Domingo 1998 Airline, defunct 2003
Aeronaves Dominicanas Consumer services Airlines Santo Domingo 1980 Charter airline
Air Century Consumer services Airlines Santo Domingo 1992 Charter airline
Air Inter Island Consumer services Airlines Punta Cana 2003 Charter airline
Banco Intercontinental Financials Banks Santo Domingo 1986 Bank, defunct 2003
Banco León Financials Banks Santo Domingo 2003 Bank
Barceló Export Import Consumer goods Distillers & vintners Santo Domingo 1930 Distilled beverages
J. Armando Bermúdez & Co. Consumer goods Distillers & vintners Santiago de los Caballeros 1852 Distilled beverages
Brugal & Cía. Consumer goods Distillers & vintners Puerto Plata 1888 Distilled beverages
Central Bank of the Dominican Republic Financials Banks Santo Domingo 1962 Central bank
Cervecería Nacional Dominicana Consumer goods Brewers Santo Domingo 1929 Brewery
Claro República Dominicana Telecommunications Fixed line telecommunications Santo Domingo 1930 Wireline and wireless
Dominicana de Aviación Consumer services Airlines Santo Domingo 1944 Airline, defunct 1999
Grupo Corripio Conglomerates - Santo Domingo 1917 Media, industrials, financials
Grupo León Jimenes Consumer goods Brewers Santo Domingo 1903 Brewing
Grupo Vimenca Financials Banks Santo Domingo 1950 Banking, financial services
Industrias Nacionales Industrials Building materials & fixtures Santo Domingo 1947 Construction goods
MATASA Consumer goods Tobacco Santiago de los Caballeros 1974 Cigars
Royal Lavanderia Consumer services Specialized consumer services Santo Domingo 1995 Dry cleaning
Seguros Universal Financials Full line insurance Santo Domingo 1964 Insurance
Servicios Aéreos Profesionales Consumer services Airlines Santo Domingo 1981 Airline
Tricom S.A. Telecommunications Fixed line telecommunications Santo Domingo 1988 Landlines
Trilogy Dominicana (Viva) Telecommunications Mobile telecommunications Santo Domingo 1883 Mobile network


See also

References

  1. ^ "CIA – The World Factbook – Rank Order – GDP (purchasing power parity)". Archived from the original on June 13, 2007. Retrieved February 27, 2009.
  2. ^ "Dominican Republic". www.worldbank.org. Retrieved 2016-04-28.
  3. ^ "CIA – The World Factbook – Dominican Republic". Central Intelligence Agency (CIA). Retrieved June 4, 2007.
  4. ^ a b "Dominican Republic Overview". World Bank. Retrieved 2016-04-29.
  5. ^ "Dominican economy grows 7.4% in first half, paced by construction". Dominican Today. Archived from the original on 26 August 2016. Retrieved 27 August 2016.
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