BAT plans to raise headcount by 200
The Hungarian unit of British American Tobacco (BAT) is planning to hire another 100 employees in addition to the 100 new hires it announced earlier, Attila Tóth, manager in charge of corporate and government relations of BAT Pécsi Dohánygyár said yesterday, according to Hungarian news agency MTI.
A HUF 2 bln development to increase cigarette production capacity at the company’s plant in central Pécs, southwestern Hungary, has enabled the company to hire 100 employees, while an additional 100 employees will be hired at the same plant for a specified period until May 2016 to ensure a successful switch-over to the new European Union tobacco products directive, the manager said.
Since acquiring Pécsi Dohánygyár in 1992, BAT has invested approximately HUF 54 bln in Hungary, MTI said. At the end of last year the company employed 600 workers in the country including 450 at its two factories in Pécs, MTI says.
BAT Pécsi Dohánygyár had losses of HUF 3.8 bln on revenue of HUF 101 bln in 2014, while a year earlier, losses came to HUF 12.8 bln on revenue of HUF 117.6 bln, MTI added.
British American Tobacco (BAT) and Hungary’s Tabán Trafik won the rights for a concession to supply retail tobacco shops around Hungary. Imperial Tobacco Magyarország Kft., JTI Hungary Zrt. and Philip Morris Magyarország Kft. jointly offered a concession for HUF 6 bln to operate a competition-free tobacco product distribution system, claiming the government was supposed to offer a public tender for tobacco companies to operate and supply the retail tobacco businesses, however, this did not happen when BAT and Tabán were selected. The ministry rejected the unrequested tender.
Read our in-depth report on the subject here.
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