British American Tobacco, the maker of Dunhill, Kent, Lucky Strike cigarettes has bought a 68% share in Serbian cigarette maker Duvanska Industrija Vranje for 87m euros.
Separately, Philip Morris the maker of Marlboro cigarettes has agreed to pay 518m euros for a 66% stake in Serbia’s largest tobacco factory by volume Duvanska Industrija Nis, which makes the Classic, Best and Dina cigarette brands.
Separately, Philip Morris the maker of Marlboro cigarettes has agreed to pay 518m euros for a 66% stake in Serbia’s largest tobacco factory by volume Duvanska Industrija Nis, which makes the Classic, Best and Dina cigarette brands.
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