Continental Tobacco Group is supporting the halting of the decline in domestic tobacco production by increasing the basic tobacco purchase price by 50%
DOFER Tobacco Fermenting Corp., a member of the Continental Tobacco Group, has increased the basic purchase price of tobacco by 50 percent to compensate for the increase in cost levels in recent years. The move is an important milestone in terms of halting the decline in domestic tobacco production. Its results can already be felt, […]
Continental Tobacco Group further expands its industrial area
Following the successful completion of its nearly HUF 10 billion investment in November 2022, Continental Tobacco Group continues to implement its growth plans. Under the contract signed in early January, a leading player in the Hungarian tobacco industry has added 8,000 m2 of industrial space in the immediate vicinity of the company’s tobacco factory in […]
Another eventful year awaits Continental Tobacco Corp.
On 23 January, Continental Tobacco Corp. held its traditional year-opening workers’ meeting. During the briefing, held in the modern plant hall of the company-owned tobacco factory in Sátoraljaújhely, which was inaugurated in November, the company’s CEO, Csaba Füzi, presented the results of the year 2022 and the objectives of this year. At the annual opening […]
In 2022 a record number of 20 employees were awarded with Continental Tobacco’s traditional award, the Kossuth Prize
Keeping up with the tradition, Continental Tobacco has awarded its employees for their outstanding performance during the year with the Kossuth Prize. This year a record number of 20 employees took home the award, that comes with a certificate and a cash prize, handed over by the CEO of the company, Csaba Füzi. The ceremony […]
Continental Tobacco Group has successfully completed its nearly HUF 10 billion plant hall development project
Photo: Ministry of Finance With the inauguration of the new tobacco preparation plant and the modernization of the traditional production line, Continental Tobacco Group has successfully completed its nearly HUF 10 billion investment in its tobacco factory in Sátoraljaújhely. The development, which started in 2021, is a milestone in the company’s life in terms of […]
Continental participated in Tabak Expo, the annual tobacco retail meeting by MDKSZ
The Hungarian Tobacco Retailers Association (MDKSZ) organised its leading tobacco retail trade exhibition and fair, Tabak Expo, again this year. The all-day event, which this time was hosted by the HUNGEXPO Congress Centre, not only brings together manufacturers, distributors and tobacconists, but also serves as an outstanding platform for knowledge sharing through professional programs. Continental […]
Once again the key representatives of the Hungarian tobacco industry gathered – this is how the Tobacco Hungary 2022 conference went
On 27-28 September, Tobacco Magazine once again hosted Tobacco Hungary, the decisive conference of the Hungarian tobacco industry, which this time took place at the Hunguest Hotel BÁL Resort in Balatonalmádi. The Continental Tobacco Group was also present at the event, as usual – the company, in addition to being represented with its own stand, […]
InterTabac 2022 – Continental participates again at the world’s largest tobacco exhibition
From 15 to 17 September, Dortmund, Germany, once again hosted the world’s largest tobacco trade fair, InterTabac, which, after a two-year hiatus due to the pandemic, was back with renewed vigour and more than 600 exhibitors. Continental Tobacco Group was present at the event, as it has been every time since 2003, with a significant […]
Continental Tobacco Group acquires greenfield site in the Sátoraljaújhely Industrial Park
Continental Tobacco Group, a leading player in the Hungarian tobacco industry, has purchased a plot of land suitable for greenfield investments, thus increasing its presence in the Sátoraljaújhely Industrial Park. As a result of the transaction, the company, which also owns the tobacco factory in Sátoraljaújhely, now has a 2.7 hectare site in the Industrial […]
Continental Tobacco Group’s nearly HUF 10 billion investment reaches another milestone
Tobacco processing has begun in the new preparation hall of Continental Tobacco Plc.’s tobacco factory in Sátoraljaújhely, which has a history of more than 130 years – the company’s nearly HUF 10 billion investment has reached another milestone. It will now be possible to completely shut down the old production line and carry out the […]