Continental Tobacco Corp. achieved record revenues in 2021

Continental Tobacco Corp., the owner of the tobacco factory in Sátoraljaújhely, has had its strongest year ever. The company’s sales revenue amounted to HUF 56.4 billion (EUR 153 million) and its profit after tax to HUF 6.4 billion (EUR 17 million) in the 2021 financial year – an increase of 20 percent and 7 percent […]

Continental took part as an exhibitor at the World Tobacco Middle East in Dubai

Continental Tobacco Group participated as an exhibitor at the World Tobacco Middle East in Dubai. The two-day event, held on October 26—27 was a large exhibition where the representatives of the tobacco industry met for the first time in almost two years in the heart of the United Arab Emirates. At the exhibition Csaba Füzi, […]

Continental Tobacco implements nearly HUF 10 billion investment in Sátoraljaújhely tobacco factory

Continental Tobacco Group is implementing an investment worth nearly HUF 10 billion in the tobacco factory belonging to the company group in Sátoraljaújhely. As part of the investment, a 3-storey factory hall, with each floor being 1,800 square meters, will be built. The primary goal has become the establishment of a technologically suitable plant for the expansion of capacity and the modernization of the tobacco primary processing. The new plant will increase the plant’s net operating area by 5,400 square meter, increasing the company’s cut filler production capacity by about 25 percent and completely reviving the tobacco preparation process. The modern machine park acquired as part of the investment will enable the company to become even more competitive in the tobacco market.