Source: Intellinews; B.A. Tobacco opens a factory in
Tire; Oct 10th, 2002
British American Tobacco opened a
factory in the city of Tire. The chairman of BAT Board of Directors Martin
Broughton said that the factory will produce Viceroy and Kent brands of
cigarettes. Viceroy will be introduced in three types, namely short, short
light and long. The price of short ones will be TRL 1.3mn, and the long
ones TRL 1.4mn. Viceroy will be introduced in Istanbul Ankara and Izmir
first, than, in the other cities. Kent cigarettes of the long type will be
introduced in Istanbul first and then in other cities. Its price will be
2.4mn. The factory cost USD 200mn and has a capacity of producing 2bn
cigarettes. Distribution of the cigarettes will be made by Koc Holding's
Duzey Pazarlama. Duzey Pazarlama has 5% and Sunel Turk has 7% share in the
factory. Upon a question whether BAT will be interested in the
privatisation of the state run spirit and tobacco company TEKEL, Broughton
said that details regarding the privatisation of the company are not
announced, yet expressed their interest in TEKEL.