Royal Cocoa bets on internationalization after investment of 2 million

The Portuguese chocolate factory Royal Cocoa, the first to operate in a small palace, is betting on internationalization, after investing more than two million euros to start with the brand.

According to one of the founders, Moisés Gama, Royal Cocoa is betting on international expansion through the presence in fairs of the agrifood sector such as SIAL, which starts today and runs until Thursday in Paris.

In addition, the company that is dedicated to the production of luxury chocolates is developing contacts with South Korea.

In spite of not revealing values, the official indicated that the sales of the brand have been, so far, “residual”, essentially for the guests of the mansion where the factory is installed, in Montemor-o-Novo, Évora district.

Royal Cocoa has an installed production capacity of 150 kilos per hour, equivalent to 1,000 boxes of 24 bonbons per hour or 300 tons of bonbons per year.

“This allows us to be prepared for large orders from the export market. Positioning is the luxury market, having silver pliers and silver plated candy,” he said.

In addition to Royal Cocoa, around 70 Portuguese companies are present at SIAL Paris, through PortugalFoods.

The Portuguese delegation will also count on companies such as Novarroz, Amendouro, Fresbeira, Ramirez, Paladin and Mirazeite.

To date, the presence of the Secretary of State for Agriculture and Food, Luís Medeiros Vieira and a representative of the Portuguese Agency for Investment and Foreign Trade (AICEP) has also been confirmed.

Formed in 2008, PortugalFoods is an association made up of companies, entities of the scientific and technological system and national and regional entities that represent the agri-food sector.

Among the objectives of the association are the increase in the technological index of companies in the sector, the promotion of internationalization and the production of innovation.