Belarus Tabak-Invest Cuts Cigarette Output 1.7% in Jan-Jun
OREANDA-NEWS. July 17, 2012.
In June alone the company produced 580.164 million cigarette units, 3.3 times as much as in June 2011.
Tabak-Invest makes Winston, Monte Carlo, Camel, Mild Seven, Magna brands under contracts with JT International (JTI), and West, Golden Gate and Imperial Classic brands under a licence agreement with Imperial Tobacco Group.
The company also makes Korona, its own brand revitalized in August 2010.
Production under contracts with JTI accounted for 74.8% of the Tabak-Invest output in January-June 2012 with 2.352 billion units (down 15.8% on the year), and Imperial Tobacco Group brands accounted for 8% with 0.251 billion units (down 14.1% on the year). Tabak-Invest’s own Korona brand output accounted for 17.2% of the overall output – 0.543 billion, 4.7 times as much.
Tabak-Invest had its 2012 production quota cut by 20% to 6.23 billion pieces.
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