Russian businessmen interested in Nicaraguan cacao

Russian businessmen will arrive in Nicaragua on February 12 to explore the possibility of investing in a cacao processing plant.

Wednesday, February 4, 2009

Álvaro Baltodano, executive director of the Corporation of Free Zones said to ACAN-EFE y reports: "This is a project, however they have all intentions of going through with it: to establish a cacao processing plant and to export it to Russia to make chocolate.

He added that the idea is that the Russian factory, which he got to know during an official visit to Moscow, will plant up to 101,250 hectares of cacao in Nicaragua."

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Hershey Sizing Up Honduras as a Cocoa Provider

December 2014

The government has announced that it is in talks with US company to offer conditions to install a chocolate producing plant in the country.

A visit has been scheduled for January 2015 for businessmen from The Hershey Company, who will verify the quality of Honduran cacao as a raw material for producing chocolate.

Cocoa To be Industrialized in Honduras

April 2014

A Costa Rican company of Dutch capital, a chocolate producer, has announced that it will process Honduran cocoa for export.

This year Chocolates del Caribe will start to process cocoa and export cocoa butter and ready processed chocolate from Honduras, as raw material for use by other chocolate manufacturers.

Nicaragua: Investments Announced in Cocoa

August 2013

The German company Ritter Sport plans to invest $25 million in promoting the production and export of cocoa in Nicaragua.

Ritter Sport, which is the main international buyer of cocoa produced in the South Atlantic Autonomous Region, sells 60,000 tonnes of chocolate to 95 countries worldwide.

$25 Million Investment in Shoes

August 2011

The Brazilian group Schmidt Irmãos has opened a factory in Nicaragua specializing in the manufacture of footwear.

The plant, with capacity to produce 4.5 million pairs of ladies shoes a year, is located in the Saratoga Free Zone Industrial Park, in the municipality of Mateare, 14.5 kilometers northwest of Managua.

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