Articles in category Tobacco
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According to the edition, Albania ranks first in smuggled cigarettes with a share of 80%, followed by Bosnia and Herzegovina with 47%, Macedonia – 40%, Bulgaria – 38%, Serbia and Montenegro – 37%, and Romania and Croatia – 24%.
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Vladescu pointed out that next year the excise value on tobacco products in Romania will increase and cigarette prices will respectively rise. “We are trying to figure out the most optimal way to increase prices of cigarettes and at the same time to decrease contraband”.
FOCUS News Agency reminds:
Last week Romanian President Traian Basescu called for increase of cigarette prices in the country. “If we need money for healthcare, lets look at the excises on the products that cause diseases”, Basescu stated and proposed that cigarette prices in Romania reach the values of those in the EU in 2009, which is a year earlier than the contractual grace period. Basescu proposed that the means from the increased excise go straight for healthcare expenses.
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The increase was due to the good results registered by Ronson and St. George cigarette brands, according to ACT Media reports.
Gallaher began manufacturing in Romania in a production facility located in the former cigarette factory of another tobacco producer, Papastratos.
The Romanian factory now works at full capacity, registering "volumes that have grown gradually over the last period," the company's officials said. This year, Gallaher Austria Tabak - the Romanian Branch has announced investments worth 4 million euros, meant to expand the company's market share to some 3-4 percent up from one percent by end-2005.
Gallaher brands in the local market include cigarettes St. George, LD, Ronson, Stateline and Memphis. The Romanian cigarette market is worth about one billion euros annually, being mainly covered by the companies British American Tobacco, Japan Tobacco International and Philip Morris, which account for more than 90 percent of the market by value.
