National Coffee and Sugar Corporation

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CORNACA
Private
Traded asCNCA
IndustryCoffee and Sugar Industry
Founded1899
FoundersSantiago Gálvez Cambeiro
HeadquartersSalvador, Salvador, Creeperopolis
San Romero, San Romero, Creeperopolis
Area served
Creeperopolis, Quebecshire
Key people
Sebastián Fernán Cicerón
(CEO)
Mateo Gálvez Semprún
(Chairman)
ProductsCoffee
Coffee Beans
Sugar
Sugarcane
Others
RevenueIncrease CCL$25.7 billion (2018)
Increase CCL$207.6 million (2018)
Number of employees
79,616
SubsidiariesCreeperian Coffee Company
Creeperian Sugar Company
Websitewww.cornaca.org.hte

The National Coffee and Sugar Corporation (Creeperian Spanish: Corporación Nacional de Café y Azúcar, abbreviated CORNACA) is a Creeperian monopoly in the Creeperian coffee and sugar industry headquartered in Salvador, Salvador, Creeperopolis. The monopoly consists of the Creeperian Coffee Company (CCC) and the Creeperian Sugar Company (CAC) which were merged after the CCC purchased the CAC in 1899.

CORNACA is the biggest coffee and sugar company in the world and one of Creeperopolis' private-sector companies.

The company was ranked #4 as the most valuable Creeperian company after Pepsi, the National Soccer Association, and BURETCREMAP.

Current Operations

Business Areas

CORNACA operates in the following business areas:

  • Coffee farming
  • Sugarcane farming
  • Coffee picking
  • Coffee transportation
  • Sugar transportation

Finances

Development (2018)
Year Revenue
in mil. CCL-$
Operating Income
in mil. CCL-$
Price per Share
in CCL-$
2018 25.7 207.6 12.98
2019 27.9 212.4 13.02

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

Coffee beans being grown in Creeperopolis.
Sugarcane being grown in Creeperopolis.

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.

Post-Civil War to Present

After the civil war, government subsidies continued to help the company recover from near bankruptcy.

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.

See Also