Baracocoa S.A.: A new joint venture in Cuba with Slovak capital
Baracocoa S.A.: A new joint venture in Cuba with Slovak capital By Daily Pérez Guillén Baracocoa S.A. is the new joint venture created in Cuba by the merger of Proxperia a.s of Slovakia and the national company Alimcor S.A. This joint venture will process, produce, and market chocolates across the full range of assortments, as well as cocoa and chocolate derivatives, mixes and premixes, pastes, and fats associated with baking and confectionery. Pavol Kožík, CEO of Proxenta, representing the Proxperia trading company, explained to the press that his company will guarantee the investment. "Regarding energy infrastructure, to achieve independence, we will use renewable sources, such as photovoltaic or wind power, and provide cutting-edge technology for the production of confectionery and chocolate derivatives." The Rubén David Suárez Abella Chocolate Factory in Baracoa, Guantánamo province, will be the center of this investment, which also aims to benefit cacao producers and have a positive [...]