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Favorable Prospects for the Continental Tobacco Group

Aug 3, 2023

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 […]

New Tobacco Industry Production Hall in Hungary

Nov 19, 2022

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 […]

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