BAT starts exporting its cigarettes produced in Croatia

British American Tobacco (BAT), that took over Croatia's Tvornica Duhana Rovinj (TDR) tobacco factory two months ago has started exporting products manufactured in the Kanfanar plant and the first deliveries have been shipped to Greece, the company stated on Tuesday.

BAT's Peter Stuyvesant, produced by the Croatian factory for the first time, have been exported to Greece where this cigarette brand is very popular, according to a press release signed by Ram Addanki, the director of the BAT Adria cluster.

The factory in Kanfanar, Istria, has a capacity to produce 20 billion cigarettes annually and prior to being taken over by BAT, it manufactured 8 billion cigarettes annually.

BAT plans to raise this production in Kanfanar to 16-19 billion cigarettes annually in the next five years.

The Adria cluster, headquartered in Croatia, covers markets in Bosnia and Herzegovina and Slovenia. TDR's business on the markets of Serbia, Montenegro, Macedonia and Kosovo has been integrated into the BAT cluster for Central Europe, with its main offices located in the Czech Republic.

Last update: Tue, 08/12/2015 - 12:53


More from Business

Financial leaders in Davos optimistic about US, but see trade risk

The US economy will likely profit from the planned policies of its new president, as long as Donald Trump does not...

Facebook to build data centre in Denmark

The Danish city of Odense and social media giant Facebook announced on Thursday the city was to host a new European...

Freight train from China crosses 12,000 kilometres to London

The first Britain-bound freight train from China arrived in London on Wednesday, completing an 18-day trip across...

US prosecutors finalize 7.2-bln-dollar settlement with Deutsche Bank

The US Justice Department announced a 7.2-billion-dollar settlement Tuesday with Deutsche Bank over allegations that...

General Motors announces 1-billion-dollar investment in US workforce

General Motors will join other carmakers in opting to invest and hire inside the United States, the company...