Belarusian Tabak-Invest Edges up Cigarette Output 5.3 in Jan-Oct
OREANDA-NEWS. November 23, 2012. Belarus’ privately-owned LLC Tabak-Invest, based in Minsk, increased the output of tobaccos by 5.3% in January-October 2012 to 5.608 billion pieces, an official with Belgospischeprom concern told reporters.
In October alone the company produced 627.337 million cigarette units, down 8.6% on the year.
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 78.1% of the Tabak-Invest output in January-October 2012 with 4.379 billion units (down 4.5% on the year), and Imperial Tobacco Group brands accounted for 8.3% with 0.467 billion units (down 12.2% on the year).
Tabak-Invest’s own Korona brand output accounted for 13.6% of the overall output – 0.763 billion.
Tabak-Invest had its 2012 production quota cut by 20% to 6.23 billion pieces.
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