Company Corporación Favorita C.A.

Corporacion Favorita CA is an Ecuadorean company engaged in the retail sector. Its business is structured in three divisions: Commercial, Industrial and Real Estate. In the Commercial division, it operates the Supermaxi, Megamaxi, Aki and Gran Aki supermarkets; the Kywi, Megakywi, TodoHogar, Sukasa and Salon de Navidad home accessories and home improvement tools retailers; TVentas, a home shopping channel; Radio Shack, an electronics store; Mr Books, a book shop, and the Jugueton and Bebemundo toys stores. The Industrial division comprises the operations of the Company’s distribution center, as well as the activities of its subsidiaries: Agropesa, a producer of beef and pork meat products; Enermax (Central Hidroelectrica Calope), a company active in the electric power generation; Maxipan, a bakery, and Pofasa, a poultry producer. In the Real Estate division, it is involved in the management of La Pradera, Miraflores, Los Andes, El Jardin, El Sol, Sur and Multiplaza shopping centers.

Number of employees: 12,564