(MENAFN- AzerNews) The world's leading producer of tobacco products Japan Tobacco
International (JTI) and an Azerbaijani tobacco company Tabaterra
signed an agreement on manufacturing JTI's global brands in
Azerbaijan and exporting them to Georgia, Azernews reports.
As part of the strategic partnership, world-famous brands such
as Sobranie, Winston, and Camel sold in Georgia belonging to the
JTI company will now be produced by Tabaterra in Azerbaijan.
Director of Tabaterra CJSC Elman Javanshir, who noted that they
are very pleased with the partnership with the JTI regarding the
production and export of global brands, said that the mentioned
export agreement will make a significant contribution to the
economy of Azerbaijan, as well as to local production in the
country.
"Thus, this agreement will provide our country with a foreign
exchange flow of around $13m annually," he added.
"The export agreement we signed with Tabaterra JSC is of great
importance for JTI company in terms of strengthening our position
in the Georgian market. Confident with the experience and
production capabilities of our business partner, Tabaterra, we will
make our global brands, such as Sobranie, Winston, and Camel,
available for consumers in Georgia in a shorter period of time by
producing them in Azerbaijan. The export agreement we have signed
will contribute to the increase of trade turnover between
Azerbaijan and Georgia," said Sergey Buksa, General Director of JTI
for Belarus and the Caucasus region.
Tabaterra JSC always takes a leading position among
international factories that cooperate with JTI company on the
basis of contract and licenses due to the quality parameters of the
products it produces. This achievement is a testament to
Tabaterra's continued commitment to high quality and manufacturing
standards.
About the company:
"Tabaterra" JSC was registered as a resident of Sumgayit
Chemical Industrial Park on November 17, 2017, and, in addition to
its own products, produces various international tobacco products
under the license of companies such as Japan Tobacco International,
British American Tobacco, and Imperial Tobacco Group.
JTI is an international tobacco company operating in over 130
countries. The company is focused on manufacturing and marketing a
wide range of tobacco products. The headquarters of the company is
located in Geneva, Switzerland. JTI owns famous brands like
Sobranie, Winston, Camel, LD, Logic, and Ploom.
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