Not legal or investment advice. U.S. sanctions restrict Cuba investment to the licensed independent private sector. Every transaction is KYC'd, OFAC-SDN & Cuba Restricted List screened, confirmed as an independent private entity (≤100 employees), and subject to OFAC counsel. No money flows to state, JV, GAESA, Restricted-List or confiscated-property counterparties.
Habanos S.A.
aka Habanos
State + foreign-partner cigar distribution monopoly. Current holder of the confiscated Cuban cigar marques (Partagás, Montecristo, H. Upmann, Romeo y Julieta, Hoyo de Monterrey).
Assets controlled (5)
Vuelta Abajo Tobacco Region
Private farms (vegueros) exist; Habanos S.A. distribution is a JV
Partagás Cigar Factory (Cifuentes)
Confiscated 1960; building closed (2020 roof collapse)
H. Upmann Factory / Montecristo (Menéndez-García)
Confiscated Sept 15 1960; family fled to DR
Hoyo de Monterrey / Punch (Palicio)
Confiscated 1959-60; Palicio left for FL
Romeo y Julieta Cigar Factory
Confiscated after 1959