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History

1919

A successful transformation of enery investments

A successful transformation of enery investments

Celsia begins in 1919 with the birth of Coltabaco, which in 2001, spun off its investment to make way for the creation of Compañía Colombiana de Inversiones, (Colombian Investment company) Colinversiones. After the creation of Colinversiones, a strategic investment process oriented to focus the company on the power sector started, in which rapidly achieved, to become an important and distinguished player in Colombia. The ending point of this transformation was the name change to Celsia, in order to begin a new phase: growth and expansion.

1919

Birth of Coltabaco

Birth of Coltabaco

El 27 de enero de 1919, con la reunión de pequeñas fábricas productoras de cigarrillo y el propósito de fabricar, distribuir y vender cigarrillos de tabaco negro, acudiendo al fomento del cultivo de la hoja (lo que comprendía financiación, asistencia técnica y compra de la cosecha a pequeños agricultores), se crea la compañía Colombiana de Tabaco, Coltabaco.

On January 27th, 1919, with the meeting of small cigarette factories and the purpose to manufacture, distribute and sell black tobacco cigarettes, aiming to promote the cultivation of its leaf (which covers financing, technical assistance and purchase of small farmers harvest), the Compañía Colombiana de Tabaco, (Colombian Tobacco company) Coltabaco is created.
 

1920/1960

Coltabaco grows, investments begin.

Coltabaco grows, investments begin.

As its development progressed, the company became a pioneer in the recognition of social benefits for workers; also in their first 40 years, encourages and strengthens the culture of tobacco in Colombia and thrusts the stock market and other economic sectors, with investments in several businesses such as Investment and Industry, RCN, Antioquia Commercial Bank, among others.

Also plays a leading role in the guild organization of the Colombian industry through its participation in the promotion and establishment of the National Association of Manufacturers, ANDI.

1960/1969

Decade the 60s

Decade the 60s

Coltabaco's growth continues
In the 60's, Coltabaco dedicates itself to encourage and promote blond tobacco; for that creates Tabacos Rubios de Colombia S.A., through this, acquires land in Magdalena, Cesar and La Guajira; all with the purpose of manufacturing and selling blond tobacco, activity which gets consolidated in the 70s.

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