U.S. firm Socotab, one of the world's leading oriental tobacco merchants, set foot in Bulgaria in 1972 and has its own licence for processing tobacco since 2002. The Bulgarian unit is primarily engaged in buying and processing of leaf tobacco.
In March 2004, Socotab opened a EUR 30 million factory for processing oriental tobacco in the village of Radinovo near the country's second-largest city of Plovdiv. At the end of 2009, the company opened a branch office in Katerini, Greece.
Socotab buys tobacco mainly of the sorts Krumovgrad, East Balkan and Katerini. Annually, it processes between 15,000 and 20,000 tonnes of tobacco.
Plovdiv; Plovdiv; Postal Code: 4202
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