JTI invests US$ 45mn in tobacco plant

Japan Tobacco International (JTI) has invested US$ 45mn ito Senta-based tobacco plant.

Izvor: Beta

Friday, 06.04.2007.

11:13

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JTI invests US$ 45mn in tobacco plant

JTI Senta Director Tamer Tetsirlioglu said the construction of a new production hall and the installment of production apparatus were completed, with new storage houses left to be finished by the end of 2007.

He said that ever since JTI took over Senta tobacco plant, it took up 50 employees previously trained in Russia and Romania, adding the company had plans to employ and train additional 30 workers.

Japan Tobacco International (JTI) purchased 98.45 percent of Senta Tobacco Industry’s shares for EUR 27.5mn.

JTI Senta annual production capacity stands at five billion cigarettes, which equals 5,000 tones. However, the company plans to increase the amount to 1,500 tones of cigarettes per annum.

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