Russian cigarette maker Donskoi Tabak on Nov. 20 reported earnings before interest, taxes, depreciation, and amortization (EBITDA) of RUR1.86 billion ($ 59.3 million) in January-September 2012, up 26 percent from a year ago, reports Prima-Tass. Net revenue jumped 71 percent year-year Read More
Junior Health Minister Martin van Rijn plans to introduce legislation to raise the Dutch legal age to buy tobacco products from 16 to 18, reports DutchNews.nl. Earlier this month, the Dutch cigarette industry association SSI, the Read More
The Belarusian government will increase tobacco excise tax rates by between 50 percent and 100 percent, starting Jan.1, reports Oreanda-News. The excise tax rate on filtered cigarettes will increase by 55.6 percent to 110 percent, depending on the price Read More
A report commissioned by Cancer Research UK dismisses the tobacco industry’s claims that the U.K. government’s plans to introduce plain packaging for cigarettes will boost the trade in illegal cigarettes, reports HealthCanal. Read More
Morgan Stanley analysts believe the spread of plain packaging beyond Australia may be “very slow.” Capital markets have been concerned that Australia’s plain tobacco packaging law–the world’s first–could spread to other Read More
Euromonitor International believes the value of the global trade in electronic cigarettes may soon exceed that of non-prescription nicotine-replacement products. In a recent report, the market intelligence provider estimated the worldwide e-cigarette market at $2 billion, Read More
FlexLink Systems inaugurated new international distribution (IDB) and engineering centers near Poznan, Poland, on Nov. 22. With the new operations, FlexLink has “insourced” its delivery services and combined it with complementary services to keep full control Read More
A U.S. federal court has spelled out the “corrective statements” District Court Judge Gladys Kessler ordered tobacco companies to make in 2006 when she found them guilty of violating civil racketeering laws and engaging in Read More
There is a higher incidence of smoking among South Korea’s young, male white-collar workers than among young, male blue-collar workers, according to a story in The Korea Times quoting the results of a university Read More
Malaysia’s health ministry has no plans to introduce plain packaging for cigarettes, according to a story in The Star quoting the deputy minister, Datuk Rosnah Abdul Rashid Shirlin. “The Ministry supports the action of Read More