Japan Tobacco International

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JAPTOB

SEKAP: How the Japanese of JTI have turned it into a profitable outward-looking company

A few years have passed since the former Cooperative Greek Tobacco Industry, also known as SEKAP, was “sinking” under the weight of huge accumulated debts, following the fate of its main shareholder, ATE Bank, while the revelation of the smuggling case had preceded it, when the discovery of a ship in Edipsos with cigarettes of the company served as the end of the thread.

SEKAP plant starts making JTI tobacco products

SEKAP announced on Thursday that production of the products of new owner Japan Tobacco International (JTI) has started, just two-and-a-half months after the Greek tobacco company's takeover.

JTI has upgraded the SEKAP factory at Xanthi in Thrace, which has begun producing Camel and Winston Giga buckets destined for daily export to European Union member-states.

Romania-Rep. of Moldova joint customs operations reduce cigarette smuggling in north-eastern Romania

The Romania-Republic of Moldova joint customs operations led to a decrease in the cigarette smuggling in north-eastern Romania, the Customs General Directorate (DGV) informed on Wednesday. A Novel Research study released on Tuesday had showed that the cigarette black market has been on a rising trend in July 2014, reaching the highest level in the last three years.

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