British American Tobacco (BAT) confirmed BM.GE, that the company continues operating with updated business model on the Georgian market. The company explains, that similar changes are carried out in other countries as well.
“I would like to inform you that brands of British American Tobacco remain on the Georgian market. The company has important plans and they will be carried out through a local partner”, the company dealers.
BAT explains, that the business model is changed due to the BAT's global transformation strategy, which means forming a stronger, faster and easier organization. Company notes, that transformation strategy is being implemented worldwide.
“BAT team remains in Georgia jointly with T&R Distribution and we will offer new products to the customers in addition to the existed brands on the market (Kent, Lucky Strike, Pall Mall, Rothmans).”
The financial results of BAT for 2020 are still unknown. However, according to the 2019 financial reports published on reportal.ge, the company's revenue on the Georgian market was 151 million GEL. Distribution of BAT products is carried out by T&R Distribution Company. In 2019, the company's global sales amounted to 33 billion USD.
See all the news
Regional Statistics of COVID-19
მთის კურორტებზე არსებული ბიზნესი ხელისუფლებას შეხვდა - გეგა სალუქვაძე საქმის კურსში
შესაძლოა, ბაზრობები 15 თებერვლამდე გაიხსნას
“აჭარისწყალი ჯორჯიას” ახალი აღმასრულებელი დირექტორი ჰყავს
Fines for Violation of Traffic Rules in Azerbaijan Amounted to USD 55 MLN during Jan-Sep 2020
Key Highlights in Global and Regional Markets
EASTERN EUROPEAN DNS FORUM WAS HELD IN GEORGIA
რატომ ვერ ვმართეთ კორონავირუსი? - #Forbesკვირა პროლოგი გიორგი ისაკაძე
Q&A: Ek Law Office
LVMH and Tiffany Agree on Lower Price for $16 Billion Takeover
Woman in Charge
Hualing FIZ: Four New International Companies to Establish Free Zone Businesses in Georgia
U.S. Investment Firm Asks Republic of Georgia for License to Mineral Rights on Block 12
Focus on Georgia - ADB
Focus on Ganja Gap in Nagorno-Karabakh’s Regional Conflict
Scientific Community Calls for Action Against Lockdowns
Georgian Government seize foreign-owned asset, referred to International Arbitration
Studying Abroad Costs Georgian Students €10,000–15,000
Franco Frattini - Georgia, straying from the rule of law