Procafecol S.A.: total royalties paid to Colombian National Coffee Fund 2006-2021
For the usage of the national coffee brand Juan Valdez, the Promotora de Café Colombia S.A. (Procafecol) paid more than 146 billion Colombian pesos to the National Coffee Fund as of 2021. The National Coffee Fund is managed by the Colombian Coffee Growers Federation. Procafecol was created in 2002 by this Federation.
