Bulgaria

Blagoevgrad BT AD (Благоевград БТ АД)

An EMIS Company Report EMIS is a Euromoney Institutional Investor plc company USD 29.95 Industry: Tobacco Manufacturing Available in: English & Bulgarian Format: PDF Download Most recent financial data: 2015 Buy full report

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Contact Information

Headquarters
1 Pokrovnishko Shose Str.
Blagoevgrad; Blagoevgrad; Map
Postal Code: 2700

Tel: +359-73-884-
Fax: +359-73-881-

Company Description
Blagoevgrad BT is one of Bulgaria's leading cigarette manufacturing companies with strong brands and high domestic market share. It was established in 1962 and since then is part of Bulgartabak Holding. Blagoevgrad BT manufactures and sells around 10 billion cigarettes per year with annual capacity of 28 billion sticks. Besides manufacture and trade in tobacco and tobacco products, the company also deals with production and marketing of spare parts and specialized equipment for tobacco processing.
In 2017 the second biggest tobacco company worldwide British American Tobacco bought all leading brands of Bulgartabac from the majoritarian owner "BG Invest" - among which are Victory, Eva Slim and GD. The acquirement includes also full ownership of the distribution company "Express logistics and distribution" EOOD and the whole business of retail sales in Bosna. The denomination of the deal is over 100 million euros, but for now BAT has shown no interest of the holding enterprises.
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