TOBACCO PRODUCTION PLANT
Tobacco: Booming Industry in Nicaragua
| There are 70 cigar factories in the country that produce close to 5,000 brands, and the sales they make to the U.S. surpassing the sales made in that country by companies from the Dominican Republic and Honduras.
Meeting of the Tobacco Sector in Nicaragua
| From January 22nd to 27th businessmen and investors will be visiting plantations and taking part in business meetings as part of the International Festival Puro Sabor.
Tobacco Sector Exceeds Expectations
| In the first ten months of 2017, tobacco exports totaled $188 million, and the union of Nicaraguan producers estimates that by the end of the year they will have exceeded the annual goal of $218 million.
Nicaragua: Investment in the Tobacco Industry
| British American Tobacco has announced that it will be investing $4.5 million in the construction of offices and a distribution center measuring 17 thousand square meters, which will start operating in June 2018.
Nicaragua: Tobacco Exports Up 19%
| Premium cigars led Nicaraguan tobacco sales abroad in the first half of the year, registering a 19% increase over the same period in 2016.
Tobacco Congress in Nicaragua
| From January 16 to 21st, 2017 entrepreneurs and investors in the sector will be visiting plantations and taking part in business meetings as part of the International Festival Puro Sabor.
New Rules for Cigars in the US
| From August 8 premium handmade tobacco leaf cigars will be subject to the same regulation as cigarettes manufactured with additives.
Tobacco Industry Event in Nicaragua
| From 12 to 16 January 2016 the sector's entrepreneurs and investors will be visiting plantations and taking part in business meetings as part of the Puro Sabor Festival.
Nicaraguan Tobacco for China
| Increasing the amount of land planted, consolidating markets where there is already a presence and exporting cigars to China are part of the tobacco industry's goals for 2015.
Nicaraguan vs. Cuban Cigars
| The main export market for Nicaraguan cigars could change after the eventual reopening of trade between Cuba and the United States.
International Tobacco Festival in Nicaragua
| On January 14th 2015 the Nicaraguan Association of Tobacco will be organizing a festival in Estelí to promote cigars manufactured in the country and attract tasters from America and Europe.
More Taxes on Tobacco
| The member countries of the Framework Convention for the Control of Tobacco have approved raising taxes on the tobacco industry.
The Tabacco "Boom" in Nicaragua
| In the department of Estelí, the main producing area, the price of land has risen, driven by increasing demand for areas in which to grow tobacco plants.
Nicaragua: Cigar Exports to the U.S. Up 42%
| During 2013 sales of cigars to the U.S. market totaled $37 million, equivalent to 118.9 million units.
$4 million Investment in Tobacco Company in Nicaragua
| The company Drew Estate, which produces 95 thousand cigars a day, has expanded its plant in Estelí.
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Tobacco production plant
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