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Summary of the year 2012

In recent years, the JSC Tbilisi Tobacco has faced a challenging business environment due to external factors including the global economic crisis, tobacco excise tax hikes and increasing regulatory pressure. However, we have successfully responded to those disruptive events and continued to make effective investments for the future. In 2012 we launched brand new line of Pirveli Super Slims Nano and started its implementation to the Georgian market with unmatched success. We also upgraded all other packs of the Pirveli brand family providing our customers with more sophisticated design. Several new ambitious projects for the further development of the company are also in progress. In the future, we will continue to conduct business with a strong resolve to attain sustainable profit growth in the mid- to long-term.

26.12.2012
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