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2 clusters · 4 sources · 3 days · First seen · Last updated

Vima brand withdrawal from Cuba

Overview

Spanish food corporation Vima has begun withdrawing its brand presence and operations from Cuba. On September 30, 2026, the company removed corporate signage from its retail location in Centro Habana. While some products remain on shelves, fresh food sections have been reported as empty, and the company has emptied two of its three warehouses in the Berroa area of Havana.

The withdrawal follows a September 29 sanctions package announced by the United States Office of Foreign Assets Control (OFAC) targeting the Cuban military business conglomerate, GAESA. These measures prohibit indirect transactions with entities on the Cuba Restricted List. The economic impact on Vima is significant, as approximately 46% of the company’s food division revenue—roughly 49 million euros—was generated in Cuba.

Entities

Vima · Cimex · GAESA · United States Department of the Treasury · La Habana

Timeline

  1. [BUSINESS] 2 sources
    Vima begins withdrawal from Cuba amid US sanctions on GAESA

    Spanish food company Vima is withdrawing from Cuba due to US sanctions targeting GAESA, the Cuban military's business conglomerate, risking nearly half of the firm's food division revenue.

  2. [BUSINESS] 2 sources
    Vima begins brand withdrawal from retail stores in Cuba

    Spanish firm Vima has begun removing its branding from retail locations in Havana, Cuba, amid operational difficulties and reports of a strategic withdrawal from the island.

Sources

14ymedio.com · cubaheadlines.com · directoriocubano.info · noticiascuba.net