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 […]
Continental Tobacco Group has closed a successful tobacco planting season
The tobacco planting and growing season was successfully completed in the fields of DOFER Tobacco Fermenting Ltd., a member of the Continental Tobacco Group, which is responsible for about one third of the domestic tobacco production. This spring has been characterised by colder and less sunny weather than usual, but the amount of seedlings produced […]
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 […]
The construction of the new production hall of the tobacco factory in Sátoraljaújhely is at the finishing line
The nearly HUF 10 billion (approx. EUR 26 million) development started at the beginning of 2021 by Continental Tobacco Corp. in the more than 130-year-old tobacco factory in Sátoraljaújhely, is nearing completion. The construction of the new production hall is now more than 95 percent complete, and the installation of modern machinery has also begun. […]