 | |
Native name | Булгартабак |
|---|---|
| Company type | joint-stock company |
| Industry | Tobacco |
| Founded | 1947 |
| Headquarters | Sofia, Bulgaria |
| Products | Tobacco |
| Owner | VTB Bank |
| Website | www.bulgartabac.bg |
Bulgartabac Holding Group AD or simply Bulgartabac (Bulgarian: Булгартабак) is a Bulgarian tobacco holding company. Established in 1947 and based in the capital Sofia, it includes 11 joint-stock subsidiary companies in the tobacco-growing regions of the country.
Bulgartabac produces over 50 cigarette brands, monopoly of product, and sub-brands in its modernised factories in Sofia and Blagoevgrad using both domestic and imported tobacco. Amongst the company's brands are Victory, Rodopi, Haskovo, Gorna Djumaya (GD), Arda, Stewardess, Femina, Prestige, Eva, Bulgartabac, MM, Melnik, Seven Hills, Global, Bridge, Tresor, BT, Charlie, Nevada, Orient Express, Country, etc.
In 2011, A unit of OAO VTB, Russia's second-largest bank, was awarded a majority stake in Bulgartabac after the sole bidder offered to pay 100.1 million euros ($145 million) for an 80% stake.[1]
- ^ "VTB Capital's international strategy envisages further expansion of our business into new geographies and markets, including central and eastern Europe". Archived from the original on 2014-05-17. Retrieved 2013-07-21.