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== History == == History ==
Central Romana Corporation was established in 1912 as a subsidiary of South Puerto Rico Sugar Company.<ref>, Central Romana Corporation, Ltd.</ref> In 1967, South Puerto Rico Sugar was acquired by ], becoming part of its Gulf+Western Americas Corporation division.<ref>{{cite news|title=G. & W.'s Role in the Caribbean|url=https://www.nytimes.com/1975/06/24/archives/g-ws-role-in-the-caribbean-company-is-vital-in-many-ways-to.html |publisher=The New York Times|date=24 de junio de 1975}}</ref> In 1984, Gulf+Western Americas was sold to a group of investors including ] and the ].<ref>{{cite web|title=Sugar Sale By G.&W.|url=https://www.nytimes.com/1984/10/06/business/sugar-sale-by-g-w.html|website=The New York Times|date=6 de octubre de 1984|access-date=2023-05-20}}</ref> Central Romana Corporation was established in 1912 as a subsidiary of South Puerto Rico Sugar Company.<ref>, Central Romana Corporation, Ltd.</ref> In 1967, South Puerto Rico Sugar was acquired by ], becoming part of its Gulf and Western Americas Corporation division.<ref>{{cite news|title=G. & W.'s Role in the Caribbean|url=https://www.nytimes.com/1975/06/24/archives/g-ws-role-in-the-caribbean-company-is-vital-in-many-ways-to.html |publisher=The New York Times|date=24 de junio de 1975}}</ref> In 1984, Gulf and Western Americas was sold to a group of investors including ] and the ].<ref>{{cite web|title=Sugar Sale By G.&W.|url=https://www.nytimes.com/1984/10/06/business/sugar-sale-by-g-w.html|website=The New York Times|date=6 de octubre de 1984|access-date=2023-05-20}}</ref>


== Controversies == == Controversies ==
In 2022, the government of the ] sanctioned Central Romana Corporation after concluding that the company had been using forced labor at the Central Romana. The company denied the allegations.<ref>{{Cite web |title=Central Romana rechaza acusaciones de Estados Unidos sobre trabajo forzoso|url=https://www.diariolibre.com/amp/usa/actualidad/2022/11/23/central-romana-responde-a-comunicado-de-estados-unidos/2149672|access-date=2023-05-20|website=diariolibre.com}}</ref> In 2022, the government of the ] sanctioned Central Romana Corporation after concluding that the company had been using forced labor at the Central Romana. The company denied the allegations.<ref>{{Cite web |title=Central Romana rechaza acusaciones de Estados Unidos sobre trabajo forzoso|url=https://www.diariolibre.com/amp/usa/actualidad/2022/11/23/central-romana-responde-a-comunicado-de-estados-unidos/2149672|access-date=2023-05-20|website=diariolibre.com}}</ref>

== References ==


] ]

Revision as of 02:24, 16 June 2023

Central Romana Corporation, Ltd. is an agro-industrial and tourism company based in the Dominican Republic. The company is a subsidiary of Fanjul Corporation.

History

Central Romana Corporation was established in 1912 as a subsidiary of South Puerto Rico Sugar Company. In 1967, South Puerto Rico Sugar was acquired by Gulf and Western Industries, becoming part of its Gulf and Western Americas Corporation division. In 1984, Gulf and Western Americas was sold to a group of investors including Carlos Morales Troncoso and the Fanjul brothers.

Controversies

In 2022, the government of the United States sanctioned Central Romana Corporation after concluding that the company had been using forced labor at the Central Romana. The company denied the allegations.

References

  1. Estructura Corporativa, Central Romana Corporation, Ltd.
  2. , Central Romana Corporation, Ltd.
  3. "G. & W.'s Role in the Caribbean". The New York Times. 24 de junio de 1975. {{cite news}}: Check date values in: |date= (help)
  4. "Sugar Sale By G.&W". The New York Times. 6 de octubre de 1984. Retrieved 2023-05-20. {{cite web}}: Check date values in: |date= (help)
  5. "Central Romana rechaza acusaciones de Estados Unidos sobre trabajo forzoso". diariolibre.com. Retrieved 2023-05-20.
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