Tobacco.org

KT&G to build cigarette plant in Russia 

The Korean tobacco company KT&G and the governor of Kaluga region, Anatoly Artemov, have signed a note of understanding outlining their co-operation with regard to the construction of a cigarette making plant.

According to a Rustabak.ru report, KT&G is in talks with the government of Kaluga region, some 150 km south of Moscow, to build a new cigarette making plant. The Korean tobacco group has recently announced a USD 166 million investment plan for building a tobacco factory in central Russia. The plant with a projected capacity of 6 billion cigarettes per year is expected to launch operations in 2010 and will be employing local labour only.

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