BAT starts HUF 1bn production lines at plant in Hungary

Food

British American Tobacco (BAT) on Thursday put two new production lines, installed at a cost of HUF 1bn, into operation at its plant in Pécs (SW Hungary).

Tobacco products are packaged on the two lines.

About 800 people work at the plant.

BAT Hungary invested HUF 5.4bn at the plant in 2010-2011, boosting output by 30%.

BAT purchased 40% of the 6,232 tons of tobacco Hungarian growers harvested last year. About 65% of BAT Hungary's output is exported.

BAT has two units in Hungary: BAT Pécsi Dohánygyár, which had revenue of HUF 120.3bn in 2010, down from HUF 149.3bn in 2009; and British American Tobacco Magyarország, whose revenue dropped to HUF 159.7bn from HUF 166.6bn. 

ADVERTISEMENT

Varga puts 2021 GDP growth at 7-7.5% Analysis

Varga puts 2021 GDP growth at 7-7.5%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.