Projects and business opportunities

The Food Corporation S.A is identified as a Cuban part for the start-up of new foreign capital businesses in the food industry in Cuba, and proposes an attractive portfolio of projects and opportunities for joint investment. Their fundamental interests are in technological modernization for the production of soybean oil, jams, soft drinks, wheat flour and dairy products, among others. Our Portfolio of Business Opportunities is dynamic. We are open to negotiations that respond to mutual benefit and to new proposals that can be valued. We will be a great company for your business in Cuba.

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Business in Operations

The Food Corporation S.A currently has 11 businesses in the country, 9 with direct foreign investment and two mercantile companies with Cuban capital, which involve the beer, meat, beverage, dairy, confectionery and mill industry. The companies in which it participates as a shareholder are positioned and lead the domestic market, due to the presence and quality of their products, as well as the efficiency that characterizes them.

Los Portales S.A

Products : Sodas and bottled water

Foreign partner: Nestlé

Nationality: Switzerland

Foundation year : 1995

Bucanero S.A

Products : Beers and Maltinas

Foreign partner: CERBUCO AB INVEB

Nationality: Germany

Foundation year : 1997

Nescor S.A

Products : Coffee, salted cookies and cremated candies, and culinary

Foreign partner: Nestlé

Nationality: Switzerland

Foundation year : 2017

News

Coralsa online… presence and interaction

A new edition of the most important commercial exchange of Cuba, the International Fair of Havana, FIHAV 2019 is approaching. To be held from November 4 to 8, at its usual headquarters, the Expocuba Fairgrounds, the meeting foresees a wide participation of the International business. Corporación Alimentaria S.A., CORALSA, will participate as traditionally, with the presence of a stand, located in the Central Pavilion. Promoting business opportunities for foreign investment, and holding exchanges with potential and habitual customers and suppliers, add to other important objectives that stand out on this occasion. Starting the Campaign for the celebration of its 25 years, and in line with the implementation of the Communication and Computerization Policies of Cuban society will take place, on Wednesday, November 6 at 11am, the presentation of the new site Corporation website. Updated, improved and interactive, located in the domain www.coralsa.cu, the site will be available to everyone, and will become an important support tool for CORALSA to achieve the fulfillment of its mission. All the information you require just a click away.

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Construction phase of jam factory between Cuba and Slovakia begins

The civil construction and technological installations of a modern jam factory have already started in the town of Caibarién province of Villa Clara, the result of an agreement between Cuba and Slovakia. The actions in the industry, located in this municipality 50 kilometers away from Santa Clara, capital of the Cuban province of Villa Clara, are in charge of foreign and Cuban experts. According to the schedule, the confectionery industry should start producing from the last quarter of 2020. The Slovak businessman Pavol Kozik, president of Proxenta, a firm that together with the national Corporación Alimentaria S.A. (Coralsa), undertake the work, told the press that the investment is planned for an amount of 40.9 million pesos. He added that this mixed company will be equipped with the most modern technology, which will allow the delivery of products for the Cuban market and for export. The industry, the most modern in the country of its kind, will be assembled within the area currently occupied by the current Caibarién Confectionery with more than 40 years of operation and most obsolete equipment for various productions. The director of the current Confitera Caibarién, Ángel Espinosa, explained that under the name of Proxcor S.A, the modern factory will have five production lines, in which the traditional sorbet will be maintained, now in different formats covered with fruit and dipped in chocolate. For his part, the director of the Center Delegation of the Chamber of Commerce of the Republic of Cuba, Mario Carbonell, highlighted the great importance of this agreement, since after passing Law 118 on Foreign Investment, in 2014, this is the First joint venture incorporated in the territory. The businessmen Pavol Kozik (Slovak) and Mario Carbonell (Cuban) agreed that the interest of both countries in the construction of this industry is a demonstration that the island is a safe place for investment despite what the Title differs III of the Helms-Burton Act.

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