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Tuesday, January 31, 2023

Mercadona’s Success: Trade in Exploitation, Mercantile Piracy and Dictatorship

With assets of 3,400 million euros, Juan’s disease He is the fourth richest person in Spain. Ahead, only Amancio and Sandra Ortega, from inditex and Rafael Del Pino, President of railway, A good portion of Rog’s fortune comes from his business activities. mercadona, which is the main supermarket chain in our country, with a 25% market share. In particular, 10.65 million euros come from his duties as head of the supermarket chain, to which should be added the 80 million he received. Dividend,

One of Roig’s million-dollar businesses is an investment company angels, through which it has invested a paltry amount of 32 million Euros in a total of 38 companies. Furthermore, Juan Rog is its main shareholder. Valencia BasketA team that wears on its shirt the slogan popularized by the Valencian businessman in his stores: “Culture of effort”.

Well, to really understand the “breakthrough” of the disease you have to dive a bit into its family tree. your great grandfather, Vicente Rog and Desamparados Guillén dedicated himself to the business of buying and selling grain and livestock, his grandfather, Francisco Rog Guillenspecializing in livestock, and his father francisco roig battler In the dark years of Autarky the company would launch Carnicus Disease. The meat factory, located in La Pobla de Farnales, covered the entire production process and developed under the new regulations on slaughterhouses.

with him oil crisis In the late 1970s, demand fell, and Rogues opted to overcome the crisis by opening direct sales counters at abattoirs. From there he went on to open stores in which he expanded the offering to other food products while unifying the profile of butcher shops and groceries. was born mercadonaA network of shops that took the name of “Merkat” and “Donna”, market and woman in Valencian.

patriarch of the family francisco roig battlerHe had a reputation for being tough. As his eldest son tells, Paco’s diseaseWhen the family started out with Mercadona, his father used to say to him: “Fagot, Fagot, you should be a swineherd”, in reference to the family’s meat business. in 1981, and with the help of his brothers, Juan’s disease buys the company from his parents, which at the time had eight grocery stores Valencia,

There is a little-known episode in the origins of the Juan Rog supermarket chain and the fortunes of the family clan: they are businesses that his brother Paco ran during the dictatorship. Teodoro Obiang in Equatorial Guinea, as told by the reporter xavier mountain in Spanish plot of corruption in GuineaIn 1979 Paco Rog arrived in Malabo to do business with another Valencian, the Spanish ambassador Jose Luis Grolerapersonal friend of Adolfo Suarez, Thanks to this contact, Paco Roig obtained a monopoly on food imports.

“The island is mine,” he says, warning his rivals. They didn’t pay taxes, the profit margins were huge and, moreover, as Montanya pointed out, they didn’t repay the credits: it was a veritable multimillion-dollar scam. He himself has accepted this in an interview. secret: The dictatorship of Guinea became their biggest business, livestock, timber, cocoa, coffee, supermarkets, they did everything. And Paco Roig shared the benefits with Obiang. Their relationship was so good that the dictator of Guinea chose to manage them Bahia HotelWhich was expected from a Spanish businessman.

However, there came a moment when everything went wrong. This is explained in an opinion article published in Today’s trend On March 1, 2016, who was the founder of Catalan BankFrancesc Cabana, who met Paco Rog when he was a consultant World Bank in Equatorial Guinea, “Paco Roig decided to betray Obiang and get into debt up to his eyebrows with the existing banks. One of them was Spanish, a subsidiary of the Banco Exterior de España, which was headed by the politician (from PSOE). miguel boyer, Obiang realized the deception and ordered the arrest of Paco Rog, but he eventually managed to escape on a plane. Iberia Towards Madrid and Valencia.”

As a result, the government of Guinea suspended payments. Carnikas SA, Rog family business. Cabana, as a consultant to the World Bank, was to settle the accounts of Rog’s Guinea supermarket chain, and assured them that they were from the Duty Court.

Today Mercadona has become, as we said, the main supermarket chain in our country and employs about 100,000 workers, receives a net profit of about 700 million euros per year.

This is something that has been condemned by many former Mercadona employees and integrated suppliers. Rescued What did you do Jordi Evole About the company of Juan Rog in 2017.

Mercadona not only created barriers for its workers to take advantage of their labor rights, but, according to its own workers, it also retaliated against those who chose it. systematic To protect your rights.

Mercadona is able to offer low prices on its products at the cost of absorb factories Which actually turned out to be companies owned by him.

In February 2014, he had to testify before a court judge. national audience Pablo Ruiz, in the framework of the case that investigated Popular Party’s Accounting B, Mercadona’s name surfaced Barcenas notebook and donations of 90,000 and 150,000 euros were associated with it in 2004 and 2008 respectively, People’s Party, Mercadona’s president denied those payments and he was eventually dismissed.

Rog has made two donations of 50,000 Euros in 2005 and 2012. foundation faesThe think tank of jose maria azner, And also donated money to the foundation women for africaby María Teresa Fernández de la Vega, with former minister Rodriguez Zapatero,

World Nation News Desk
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