TDR to Build Tobacco Factory in Iran

Source from:  Croatian Times 02/22/2010

Rovinj Tobacco Factory (TDR), a member of the Adris group, is planning to build a tobacco plant in Iran and to expand its business in the southwest-Asia market.

Adris has announced it will invest 30 million Euros in those projects. TDR and Iranian Tobacco Company heads Davor Tomaskovic and Mahmood Abtahi have already signed an agreement. The plant will be built in Sari, the provincial capital of Mazandaran, located in the north of Iran. Construction should start by the end of next year and, once finished, the factory should produce 6.5 billion cigarettes a year. TDR will use its technology and experience in tobacco processing at the factory. TDR is planning to produce its brands Ronhill and Respect and a joint Croatian-Iranian brand there. Enditem