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Good Management by Joint Venture Brascuba Highlighted |
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Monday, March 2, 2015
Havana.- The joint venture Brascuba, which produces cigarettes, is carrying out a program of investments to meet the expected increase in demand.
The projects include building a new factory in the Mariel Special Development Zone in 2018, as part of its plans to increase exports.
At present, Brascuba exports cigarettes to a dozen countries, including Spain, Brazil, Mexico, Russia and Panama.
Brascuba was founded in 1995 as a result of a collaboration agreement between Souza Cruz S.A., a leading company in Brazil, and Unión de Empresas de Tabaco de Cuba.
The firm produces the world-renowned cigarette brands Popular, H. Upmann, Monterrey, Vega, Hollywood, Lucky Strike and Cohíba.
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