National Coffee and Sugar Corporation
![]() | |
Native name | Ծորպորածիօն Նածիոնալ դե Ծաֆէ յ Ազղծար |
---|---|
Iberic name | Corporación Nacional de Café y Azúcar |
Private | |
Industry | Produce |
Predecessors | |
Founded | 22 February 1899 |
Founder | Santiago Gálvez Cambeiro |
Headquarters | Torre Emperador Adolfo III, San Salvador, San Salvador, Creeperopolis |
Key people |
|
Products |
|
Revenue | ![]() |
![]() | |
![]() | |
Number of employees | 59,616 (2019) |
Website | cornaca.com.cr |
The National Coffee and Sugar Corporation (Creeperian Spanish – Creeperian: Ծորպորածիօն Նածիոնալ դե Ծաֆէ յ Ազղծար; Creeperian Spanish – Iberic: Corporación Nacional de Café y Azúcar; abbreviated ԾՈՐՆԱԾԱ/CORNACA) is a Creeperian monopoly in the Creeperian coffee and sugar industry headquartered in San Adolfo, San Romero, Creeperopolis.
CORNACA is the biggest coffee and sugar company in the world and one of Creeperopolis' private-sector companies.
Contents
Current Operations
Business Areas
CORNACA operates in the following business areas:
- Coffee farming
- Sugarcane farming
- Coffee picking
- Coffee transportation
- Sugar transportation
Finances
Year | Revenue in mil. CCL-₡ |
Operating Income in mil. CCL-₡ |
Price per Share in CCL-₡ |
---|---|---|---|
2018 | 205.6 | 1.66 | 103.84 |
2019 | 223.2 | 1.7 | 104.16 |
Production
CORNACA controls every Creeperian sugar or coffee plantation in the country, accounting for 100% of the country's sugar and coffee production and a significant portion of the world's production.
International Investments
Quebecshire has made investments into CORNACA.
CORNACA sells its produced sugar to Pepsi.
Ownership
The company is owned by the Gálvez Family, which has owned the company since its foundation in 1899.
Corporate Social Responsibility
CORNACA is a major supporter of the arts in Creeperopolis.
History
Founding
The National Coffee and Sugar Corporation was founded in 1899 after Santiago Gálvez Cambeiro, owner of the Creeperian Coffee Company (CCC), bought out the Creeperian Sugar Company (CAC) creating a coffee and sugar monopoly.
From 1899-1933, the company received government subsidies.
Civil War
During the Creeperian Civil War from 1933-1949, the company almost went bankrupt as its plantations were continuously bombed or invaded and workers often refused to work since they supported the National Council for Peace and Order.
Post-Civil War to Present
After the civil war, government subsidies continued to help the company recover from near bankruptcy.
From January 22, 1979, to March 24, 1979, peasants working in CORNACA fields revolted. The rebellion was crushed by the Creeperian Army.
After the Tuxtla Martínez train disaster, the CEO of CORNACA was put on trial for several charges. All charges were dropped and accusations of bribery were spread. See Corruption in Creeperopolis.
Today CORNACA is the fourth most valuable company in Creeperopolis.
List of CORNACA CEOs
No. | Photo | Name (Birth-Death) |
Term | Owner (Term) | ||
---|---|---|---|---|---|---|
Term Start | Term End | Term Length | ||||
1. | ![]() |
Santiago Gálvez Cambeiro (1838-1903) |
February 22, 1899 | March 12, 1899 | 19 days | ![]() Santiago Gálvez Cambeiro (1899-1903)
|
2. | ![]() |
Gustavo López Davidson (1861-1928) |
March 12, 1899 | February 21, 1928 | 28 years and 347 days | |
![]() Santiago Gálvez Ortega (1903-1922) | ||||||
![]() Emmanuel Gálvez Ortega (1922-1956) | ||||||
3. | Francisco Sánchez Vizcarra (1884-1944) |
February 21, 1928 | June 13, 1944 | 16 years and 114 days | ||
4. | ![]() |
Cristian Abasto Valerio (1902-1979) |
June 13, 1944 | November 18, 1979 | 35 years and 159 days | |
![]() Eduardo Gálvez Salinas (1956-1979) | ||||||
5. | ![]() |
Gustavo Graciani Cortéz (1936-2004) |
November 18, 1979 | May 7, 2002 | 22 years and 171 days | ![]() José Gálvez Campos (1979-2004) |
6. | ![]() |
Alexander Zorita Beldad (1959-) |
May 7, 2002 | January 1, 2015 | 12 years and 240 days | |
![]() Mateo Gálvez Semprún (2004-) | ||||||
7. | ![]() |
Sebastián Fernández Cicerón (1976-) |
January 1, 2015 | Incumbent | 8 years and 273 days |