Feb 21, 2011 1:53 PM GMT-0500. By The Associated Press. HAVANA (AP) — Cuba's tobacco company says cigar sales rebounded slightly in 2010 after plummeting the previous year amid the global economic crisis.Government-run Habanos SA says sales were $368 million last year, a rise of 2 percent. That followed an 8 percent drop in 2009.Habanos vice president Javier Terres said Monday that the company is "moderately satisfied."">Feb 21, 2011 1:53 PM GMT-0500. By The Associated Press. HAVANA (AP) — Cuba's tobacco company says cigar sales rebounded slightly in 2010 after plummeting the previous year amid the global economic crisis.Government-run Habanos SA says sales were $368 million last year, a rise of 2 percent. That followed an 8 percent drop in 2009.Habanos vice president Javier Terres said Monday that the company is "moderately satisfied."">

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Cuba reports cigar sales up 2 percent last year

Feb 21, 2011 1:53 PM GMT-0500. By The Associated Press. HAVANA (AP) — Cuba's tobacco company says cigar sales rebounded slightly in 2010 after plummeting the previous year amid the global economic crisis.

Government-run Habanos SA says sales were $368 million last year, a rise of 2 percent. That followed an 8 percent drop in 2009.

Habanos vice president Javier Terres said Monday that the company is "moderately satisfied."

Terres said the top buyers of the premium, hand-rolled Cuban cigars were Spain, France and China — which replaced Germany as the third-biggest importer.

Habanos is a mixed company comprising British-owned, Madrid-based Altadis and Cuban state-run firm Cubatabaco.

Source: www.bloomberg.com/news/2011-02-21/cuba-reports-cigar-sales-up-2-percent-...

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