Continental Tobacco Group starts the tobacco harvest season with a positive outlook
Continental Tobacco Group’s tobacco cultivation member DOFER Tobacco Processing Corp. has had a successful seedling and planting season on 1 005 hectares of contracted production area. The harvesting season should prove to be equally successful, which is also predicted by the current development of the plantations, the favourable weather conditions and the 50 percent increase […]
Continental supports the establishment of NAV’s X-ray Image Analysis and Surveillance Centre with HUF 50 million
The National Tax and Customs Administration’s (NAV) newest X-ray Imaging Analysis and Surveillance Centre has been inaugurated, with Continental Tobacco Corp. has contributed HUF 50 million to the construction of the new customs inspection and control centre. The newly established centre, including its X-ray package and cargo screening equipment, can significantly help to curb the […]
Four students successfully completed the internship programme at the tobacco factory in Sátoraljaújhely
The spring dual traineeship period at the Sátoraljaújhely tobacco factory has come to an end – during the semester, four students spent their traineeship at the tobacco factory, all of them successfully completed the period. After completing the programme implemented in the framework of the cooperation between Continental Tobacco Corp. and the Kossuth Lajos Technical […]
Financial growth, successfully completed investments – Continental Tobacco Corp. closed a strong year
In 2022, one of the largest employers in Sátoraljaújhely, Continental Tobacco Corp., which owns the tobacco factory in Sátoraljaújhely, continued to grow. The year proved to be a successful one for the company in financial, sales and strategic terms: while Continental was able to increase its sales in several product groups, its sales revenue amounted […]
Factory of the Year competition – Continental Tobacco Group among the finalists
Continental Tobacco Group has been named a finalist in the “Factory of the Year” project competition. Organised by Gyártástrend, the leading professional platform for industrial technology in Hungary, the company took part in the competition in the category “Manufacturing/Production Project of the Year”, thanks to its investment of nearly HUF 10 billion, which was handed […]
A total bonus of HUF 214 million and a 17 percent wage rise – Continental Tobacco continues to pay special attention to its employees
Continental Tobacco Corp., one of the largest employers in Sátoraljaújhely with more than 500 employees, has distributed a total of HUF 214 million gross in rewards to its employees as a result of its traditional performance appraisal process. The company, which owns the tobacco factory in Sátoraljaújhely, also implemented its annual salary increase, which resulted […]
Continental sought cooperation opportunities in the Dominican Republic
A delegation from the Continental Tobacco Group took part in a business trip to the Dominican Republic at the end of February and beginning of March 2023, during which they visited the Procigar Festival in the Central American country. The group’s management team went on the trip to discuss potential partnerships and to meet with […]
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 […]