Korea's KT&G wins $456m Middle East, Russia Deal

Source from:  Arabian Business 12/16/2010

South Korea's biggest tobacco company, KT&G Corp, said on Wednesday it has signed a 520 billion won ($456.5m) deal with Alokozay International Ltd to sell its cigarettes in the Middle East and Russia. Alokozay International Ltd's website describes the Alokozay group as a major organisation in the tea and cigarette industries. The site says the group comprises three main companies in the UAE. ($1=1139.0 Won) Enditem