HUNGARY TOBACCO INDUSTRY

Tobacco Group in Satoraljaujhely, northeastern Hungary

epa10312833 Rolled cigarettes fill a dispenser in the new production hall of the factory of Continental Tobacco Group in Satoraljaujhely, northeastern Hungary, 18 November 2022. The factory inaugurated the capacity expansion development of the production hall that cost HUF 9.2 billion (EUR 22.7 million). The investment involved the construction of a three-storey plant hall with a total floor area of 5,400 square metres, adding up-to-date machinery. Continental Tobacco is an independent, Hungarian family-owned private company that currently employs over 540 people, and its products are now available in over thirty countries, in addition to supplying the Hungarian market. According to publicly available company data, in 2021 the company generated sales of HUF 56.4 billion (EUR 138 million) and closed with a profit of HUF 6.35 billion (EUR 15 million). EPA/JANOS VAJDA HUNGARY OUT

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