Karelia Tobacco Industry: Improving the efficiency of production lines – Investments of over 8.5 million euros

1 week ago 20

The Greek tobacco manufacture Karelia has precocious expectations for 2026.

As the CEO of the company, Andreas G. Karelias, emphasized successful his New Year’s connection to the company’s employees, “in the caller year we will absorption our efforts connected improving the ratio of our accumulation lines.”

He added that “this means clearer procedures, which are followed with subject and without deviations, amended coordination, less repeated errors, stronger connection betwixt teams and a communal mindset of continuous improvement.”

According to the management, the concern effort to strengthen its accumulation capableness will proceed successful 2026, examining investments that whitethorn transcend 8.5 cardinal euros.

In 2025, the company’s total income volume exceeded 18 cardinal cigarettes for the archetypal time, an summation of astir 9% compared to 2024.

This specific effect was achieved thanks to the accrued entreaty of the tobacco industry’s brands, the investments it has made and continues to make, the efforts of the International Sales and the Production and Technical Support Departments.

In rolling tobacco, the institution accrued its income internationally by 2.5%, exceeding 1.2 cardinal kilos.

In the Greek marketplace and contempt aggravated competition, the year ended with a 4% summation successful cigaret volume and a marginal alteration of 0.7% successful tobacco.

The company’s integrated profitability is besides importantly improved, arsenic a effect of an summation successful turnover of astir 11% and an betterment successful the gross nett borderline owed to cautious increases successful its mill prices, arsenic well arsenic the de-escalation of tobacco acquisition prices internationally, though successful caller months its last profitability has been affected by the speech complaint weakness of the dollar against the euro.

In 2025, the institution strengthened its already important currency reserves by 6%, having astatine the aforesaid clip managed to concern accrued investments and precocious tobacco stockpiling.

Read Entire Article

© HellaZ.EU.News 2026. All rights are reserved

-