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List of companies of Nicaragua

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Location of Nicaragua

Nicaragua is the largest country in the Central American isthmus. Nicaragua's capital, Managua, is the country's largest city and the third-largest city in Central America. Nicaragua is primarily an agricultural country; agriculture constitutes 60% of its total exports which annually yield approximately US $300 million.[1] Nearly two-thirds of the coffee crop comes from the northern part of the central highlands, in the area north and east of the town of Estelí.[2] Yields and exports have both been declining since 1985.[2] Today most of Nicaragua's bananas are grown in the northwestern part of the country near the port of Corinto; sugarcane is also grown in the same district.[2] Cassava, a root crop somewhat similar to the potato, is an important food in tropical regions. Cassava is also the main ingredient in tapioca pudding.[2] Nicaragua's agricultural sector has benefited because of the country's strong ties to Venezuela. It is estimated that Venezuela will import approximately $200 million in agricultural goods.[3] In the 1990s, the government initiated efforts to diversify agriculture. Some of the new export-oriented crops were peanuts, sesame, melons, and onions.[2]

Mining is becoming a major industry in Nicaragua,[4] contributing less than 1% of gross domestic product (GDP).

Notable firms

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This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active      State-owned      Defunct
Name Industry Sector Headquarters Founded Notes
Aeronica Consumer services Airlines Managua 1981 Airline, defunct 1992
Aerosegovia Consumer services Airlines Managua 1994 Charter airline, defunct 2003
Atlantic Airlines Consumer services Airlines Managua 1997 Airline, defunct 2007
Avianca Nicaragua Consumer services Airlines Managua 1999 Airline, formerly La Costeña
BAC Credomatic Financials Banks Managua 1952 Part of Grupo Aval Acciones y Valores (Colombia)
Banco de la Producción Financials Banks Managua 1991 Bank
Banco del Cafe Financials Banks Managua 1978[5] Defunct 2001[6]
Compañía Cervecera de Nicaragua Consumer goods Brewers Managua 1926 Brewery
ECAMI Oil & gas Alternative energy Managua 1982 Renewable energy, wind, solar
El Castillo del Cacao Consumer goods Food products Matiguás 2005 Chocolate
Flor de Caña Consumer goods Distillers & vintners Managua 1890 Rum
Gelateria Italiana Consumer goods Food products Managua 2010 Ice cream
Joya de Nicaragua Consumer goods Tobacco Estelí 1968 Cigars
Kola Shaler Industrial Consumer goods Soft drinks Managua 1904 Soft drinks
Nicaragüense de Aviación Consumer services Airlines Managua 2002 Commercial airline, defunct 2004
Selva Negra Mountain Resort Consumer services Hotels Matagalpa 1976 Resort
Tip-Top Restaurant Consumer services Restaurants & bars Managua 1959 Restaurant


References

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  1. ^ "General Information – Nicaragua: Economy". Archived from the original on 2011-08-28. Retrieved 2014-01-04.
  2. ^ a b c d e "Nicaragua."[permanent dead link] Encyclopedia Americana. Grolier Online. (200-11-20) [1][permanent dead link]
  3. ^ Sánchez, E (2010-03-29). "Nicaragua Plans to Sell Over $200 Million to Venezuela – CentralAmericaData :: The Regional Business Portal". CentralAmericaData. Retrieved 2010-06-26.
  4. ^ Dan Oancea: "Mining In Central America" Archived January 16, 2013, at the Wayback Machine
  5. ^ Malcolm Harper; Sukhwinder Singh Arora (1 January 2005). Small Customers, Big Market: commercial banks in microfinance. The Energy and Resources Institute (TERI). pp. 195–. ISBN 978-81-7993-066-3.
  6. ^ David Close; Kalowatie Deonandan (January 2004). Undoing Democracy: The Politics of Electoral Caudillismo. Lexington Books. pp. 136–. ISBN 978-0-7391-0808-6.
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