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  3. / Which Spanish oil company was turned into a State monopoly during his rule?

Which Spanish oil company was turned into a State monopoly during his rule?

  • Repsol

  • Campsa

  • Cepsa

  • Shell

Answer

Campsa was a Spanish oil company that was turned into a State monopoly during the rule of General Francisco Franco. The company was originally founded in 1927 as Compañía Arrendataria del Monopolio de Petróleos, S.A. (CAMPSA), and was initially a private company. However, in 1941, the company was nationalized by the Franco government and became a State monopoly. Campsa remained a State monopoly until 1992, when it was privatized.
Unmasking Spain's Strongman: Delve into the Reign of Miguel Primo de Rivera

Unmasking Spain's Strongman: Delve into the Reign of Miguel Primo de Rivera

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