Procafecol S.A.: total royalties paid to Colombian National Coffee Fund 2007-2022
For the usage of the national coffee brand Juan Valdez, the Promotora de Café Colombia S.A. (Procafecol) had paid approximately 148 billion Colombian pesos to the National Coffee Fund as of 2022. The National Coffee Fund is managed by the Colombian Coffee Growers Federation. Procafecol was created in 2002 by this Federation.