Spanish
Molinos del Ozama, a Dominican mixed company, with a 49% state participation in its shares and 51% owned by Corporación Multi Inversiones (CMI), produces annual sales of more than US$100 million a year, equivalent in pesos to RD$6,031 million, between its local sales and its exports.
This company, with over 75 years of history, and its capitalization process in 1997, is currently one of the most important mills in the Caribbean, with a grinding capacity of 1,200 tons of wheat and 800 tons of flour per day, as explained to De Último Minuto, Eduardo López, Commercial Director Caribbean of Molinos del Ozama.
Around 80% of its production supplies the local market, contributing significantly to the country's food self-sufficiency through bakeries, supermarkets, restaurants, etc., and the remainder is exported, mainly to Haiti.
Molinos del Ozama is the result of the capitalization of the former state-owned company Molinos Dominicanos in 1997.
Capitalization was carried out in the first administration of President Leonel Fernández, with the aim of associating the public sector with the private sector to improve the efficiency of companies inherited from the Trujillo era.
Currently belongs to CMI, a group that, with more than two decades of presence in the country, has recently invested some US$23 million in its industrial infrastructure, incorporation of cutting-edge technology, and expansion of its operational capacity.
In addition to Molinos del Ozama and Molinos Modernos, CMI is also betting on the field of renewable energy generation, with the Mata de Palma Solar Park, which has an installed capacity of 52 megawatts, actively contributing to the diversification of the national energy matrix and the reduction of the carbon footprint in the region.
"CMI, Corporación Multi Inversiones, a multinational corporation with over 100 years of experience, reaffirms its commitment to the Dominican Republic through new investments, job creation, and strengthening of its productive capacities, as part of its vision of sustainable development and responsible growth in the region," said the group's executives about their vision in the country.
They also highlighted CMI's social commitment, which is manifested in actions aimed at food security and community support, through recurring food donations through institutions such as the Food Bank of the Dominican Republic, as well as corporate volunteer days, preventive health and reforestation that strengthen the social and environmental fabric of the country.
