Categories:
· Others
International:
· Europe
|
|
Turkish tobacco workers get upper hand in bitter dispute over jobs |
|
Source:http://www.guardian.co.uk/,2010-03-18
|
|
Militant tobacco workers in Turkey are on the verge of an unlikely victory over the government after a bitter industrial dispute marked by hunger strikes, violent clashes with riot police and a siege of the governing party headquarters.
|
|
Categories:
· Business
International:
· Europe
|
|
Philip Morris, Manila's Fortune Tobacco in venture |
|
Source:http://www.marketwatch.com/,2010-03-09
|
|
|
Philip Morris International Inc., the New York tobacco company, formed a joint venture with closely held Fortune Tobacco Corp. of Manila. In a Thursday statement, Philip Morris said the companies would transfer certain assets and liabilities to a new company that they will hold 50-50. Fortune Tobacco Chairman Lucio Tan will chair the board of the venture while Philip Morris will manage the operations day to day. Philip Morris called the venture a strong strategic fit, enabling it to expand its portfolio of brands in the Philippines, an "important cigarette market." The venture's contribution to Philip Morris's profit will be immaterial in 2010; it will add to profit in 2011 as cost savings from integration of production, purchasing and distribution kick in, the company said. Fortune Tobacco, which focuses on value-priced cigarettes, produces brands including Fortune and Champion, Philip Morris said. The venture will produce Marlboro and Philip Morris cigarettes under license, the company said.
|
|
Categories:
· Others
International:
· Europe
|
|
Research and Markets: Tobacco in Sweden |
|
Source:http://www.sunherald.com/,2009-11-08
|
|
Research and Markets (http://www.researchandmarkets.com/research/577bcb/tobacco_in_sweden) has announced the addition of the "Tobacco in Sweden" report to their offering.
|
|
Categories:
· Business
International:
· Europe
|
|
British American tobacco reports strong sales |
|
Source:http://www.khaleejtimes.com/,2009-11-05
|
|
British American Tobacco, maker of Lucky Strike and Kent cigarettes, said Wednesday that sales strengthened in the first nine months of the year thanks to a string of acquisitions.
|
|
Categories:
· Business
International:
· Europe
|
|
British American Tobacco names Burrows chairman |
|
Source:http://www.marketwatch.com/,2009-09-07
|
|
|
British American Tobacco said Wednesday that Richard Burrows will take over as chairman on Nov. 1. He will replace Jan du Plessis, who steps down in the light of his appointment as chairman of mining group Rio Tinto.
|
|
