• March 19, 2024

Month: November 2012

News This Week

Earnings up at Donskoi Tabak

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

News This Week

Belarus braces for tax hike

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

News This Week

E-cigarettes may surpass NRT sales

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