Belarusian Tabak-Invest Edges up Cigarette Output 10.8%
OREANDA-NEWS. August 13, 2012.
In June alone the company produced 626.350 million cigarette units, 3.1 times as much as in July 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 77% of the Tabak-Invest output in January-July 2012 with 2.905 billion units (down 0.7% on the year), and Imperial Tobacco Group brands accounted for 7.26% with 0.274 billion units (down 21% on the year). Tabak-Invest’s own Korona brand output accounted for 15.74% of the overall output – 0.594 billion, up 11.84 percentage points.
Tabak-Invest had its 2012 production quota cut by 20% to 6.23 billion pieces.
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