New Tobacco Factory Opens in Kyiv

The Reemstma-Ukraine Company has opened its second tobacco factory
in Ukraine (see photo). It was built instead of an unfinished reinforced
concrete constructions plant in a Kyiv suburb. The company has invested
DM 50 million in its first such factory (in Cherkasy) and DM 70 million
in its second. Reemstma-Ukraine is planing to launch investment projects
in Ukraine totaling DM 55 million in 1999. The new tobacco factory will
produce 8 billion cigarettes annually, and they plan to raise output to
30 billion a year, according to Infobank. The cigarettes made here will
be sold both in Ukraine and in other CIS countries.
Випуск газети №:
№43, (1998)Рубрика
Economy