BREAKING NEWS: EU Sanctions Against Chen Zhi and Prince Group
On July 30, the EU imposed sanctions on Chen Zhi and Prince Holding Group, news first reported by TT and subsequently published by many others.
The sanction is based on a decision regarding restrictive measures against serious human rights violations and abuses. The scope of the sanctions is detailed in Council Decision (CFSP) 2020/2019.
How these sanctions will affect Elite Trading Scandinavia AB and The Premium Company Nordic AB is currently under investigation. This also applies to the impact of the sanctions on other Habanos distributors within the EU.
Published: 2026-07-04, kl. 14:10 PHOTO: United States District Court Eastern District Of New York
Footnote: Cigarrvärlden is reaching out to representatives for Elite Trading Scandinavia AB, The Premium Company Nordic AB, and Habanos in Spain for comment.
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