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 […]
The real estate development project of the Continental Tobacco Group in Sátoraljaújhely started with a foundation stone ceremony
Continental Tobacco Group, the leading player in the Hungarian tobacco industry, is implementing a new investment programme worth around HUF 16.5 billion, including the construction of three new halls, machinery purchases and energy modernisation. As a symbolic first step of the real estate development, the owners and leaders of the company and the mayor of […]
The Tobacco Hungary conference was again held this year with the participation of the Continental Tobacco Group
On 16-17 May, Tobacco Magazine organised Tobacco Hungary, one of the country’s largest tobacco market conferences, for the eighth time, which was again hosted by Hunguest Hotel BÁL Resort in Balatonalmádi. The Continental Tobacco Group had its own stand at the event, and CEO Csaba Füzi gave a presentation on the importance of preserving the […]
Continental Tobacco Group secures cigar production for the coming years with a successful procurement of cigars in Indonesia
The Continental Tobacco Group has successfully secured the supply of high quality cigar tobacco from Jember, the cigar tobacco capital of Indonesia, for the next years’ cigar production. Jember is known as the cigar tobacco capital of Indonesia, making it a travel destination for tobacco market professionals every spring. The abundant labour force, volcanic soil […]
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 […]
Continuing the tradition – Continental Tobacco Corp. awarded its outstanding employees with the Kossuth Prize again this year
In keeping with tradition, Continental Tobacco Corp. held its 17th Kossuth Award ceremony, where the employees of the year were rewarded for their outstanding performance: this year 19 employees were awarded the Kossuth Prize, while 2 more professionals shared the special prize for the best idea of the year. The awards were presented by CEO […]
Continental Tobacco Group’s Virginia tobacco purchases close with nearly 50 percent increase compared to 2022
DOFER Tobacco Processing Corp., the member of the Continental Tobacco Group responsible for tobacco production and processing, has successfully completed its purchase of Virginia tobacco: the company bought a total of 1,315 tonnes, an increase of about 49 percent compared to last season. DOFER also recorded a significant increase of 40 percent in the purchase […]