Continental Tobacco Group successfully concludes tobacco procurement trip to Africa

The Continental Tobacco Group has completed a ten-day tobacco procurement trip to Africa’s major tobacco producing countries: company experts visited Tanzania, Malawi and Zimbabwe to assess the tobacco growing situation and secure future supplies. Malawi and Tanzania have managed to tie up the necessary quantities of tobacco, while in Zimbabwe this has been partially frustrated […]

Increasing results, further strengthening exports at Continental Tobacco Corp.

Continental Tobacco Corp., the owner of the more than 130-year-old tobacco factory in Sátoraljaújhely, has closed another successful year. The company’s net sales reached HUF 77 billion in 2023, and its profit after tax was close to HUF 9.7 billion – an increase of nearly 21 percent and 17.5 percent respectively compared to the previous […]

Continental Tobacco Corp. has rewarded its employees with HUF 230 million

This year again, the performance appraisal process, which is considered to be a priority in terms of employee recognition and motivation, took place at Continental Tobacco Corp., one of the largest employers in Sátoraljaújhely, with more than 500 employees. The company, which owns the tobacco factory in Sátoraljaújhely, has rewarded its employees with a higher […]

Further increase in the basic price for tobacco by Continental Tobacco Group

DOFER Tobacco Processing Corp., the tobacco production member of the Continental Tobacco Group, has further increased its contracted basic purchase price for tobacco, strengthening its domestic competitiveness and commitment to supporting Hungarian tobacco farmers and tobacco culture. As part of the price increase, the company has increased the price of Virginia tobacco, which is grown […]

Continental Tobacco Group’s open day for manufacturers in Sátoraljaújhely was well attended

Continental Tobacco Group’s Open Day for Tobacco Producers was held on 18 January at the Rákóczi Hotel in Sátoraljaújhely. The focus of the event was the current situation of tobacco production, which the participants were able to view from various perspectives – innovation, sustainability – through professional presentations. With this traditional open day, Continental aims […]

Closing the year and looking ahead – Continental Tobacco held its annual opening meeting

Continental Tobacco held its traditional opening meeting on 15 January at the Sátoraljaújhely tobacco factory. At the event, CEO Csaba Füzi summarised the highlights of 2023, gave an insight into the company’s achievements and presented the plans for 2024. The year 2023 brought a number of milestones for the tobacco factory, including the successful integration […]