Tobacco Producer Sees Highest Profit in Consumer Goods Market in Romania

Source from:  Romania Insider 06/01/2016

Tobacco producer British American Tobacco (Romania) Trading, the company which produces and distributes the Kent and Vogue cigarette brands, posted a turnover of EUR 1.65 billion last year, up by 6% over the previous year.

The company's profit reached EUR 98 million, up 22% over the previous year. It was the best result in the Romanian consumer goods market, according to local business newspaper Ziarul Financiar.

Coca-Cola HBC Romania, for example, saw a net profit of EUR 53.7 million whereas the beer producer Heineken saw earnings of EUR 24.4 million last year.

British American Tobacco employs 100 people in Romania. Enditem