The tobacco factory BAT Pécsi Dohánygyár Ltd. invests EUR 150.7 million to add substantial capacities at its site in Pécs, S Hungary. The development will create 450 new jobs, according to a report by the Hungarian Investment Promotion Agency (HIPA). British American Tobacco (BAT) has been present in Hungary since 1992, in three locations in […]

The Continental Tobacco Group is starting this year's tobacco harvest season with a positive outlook and expects an above-average harvest, the group told MTI on Thursday. According to the information, the group's tobacco cultivation member Dofer Tobacco Fermenting Ltd. has contracted for 1,005 hectares of tobacco cultivation, 8% more than last year. The planting of […]

Continental Tobacco Ltd. has completed a capacity expansion project worth HUF 9.2 billion in Sátoraljaújhely, NE Hungary. Some 40% of the costs have been borne by Hungarian taxpayers as HUF 3.6 billion comes in funding from the state. At the handover ceremony, Finance Minister Mihály Varga recalled that the Sátoraljaújhely-based company is present in 30 […]