Corona (company)

Alexandria Confectionary & Chocolate Company
Corona
Industry Confectionery
Founded 1919
Founder Tomy Khresto
Headquarters Alexandria, Egypt
Website Official website

The Alexandria Confectionary & Chocolate Company (Egyptian Arabic: شركة الإسكندرية للحلويات والشوكولاتة‎‎ Sherket El Eskenderiya Lel Ḥalawiyat Wel Shokalatat, known as Corona) was established in 1919 by Tomy Khresto, to become the first confectionery and chocolate company in the Egyptian market.[1]

After the 23 July Revolution, the company became a public sector company in 1963 through the process of nationalization by which the revolution's government took over almost all of the private companies and personally owned assets. In 2000, the company was privatized again when it was sold to Samcrete Egypt.

References

  1. ↑ "Corona - History". corona-1919.com.


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