Cigarette Production Down 30%
Economy, Domestic Economy

Cigarette Production Down 30%

Cigarette production during the first half of the current Iranian year dropped 30% in terms of weight compared to last year’s similar period, says Mohammad Hossein Barkhordar, director general of Iranian Tobacco Company, adding that Iranians smoke 62 billion cigarettes a year. According to the official, Iranian cigarette brands are fading away in the domestic market due to rampant smuggling of cheaper foreign brands. He says the ITC plans to hold talks with Marlboro for joint production in Iran, Eghtesad News reported.


Short URL : http://goo.gl/V3s8jP
  1. http://goo.gl/3OfWaA
  • http://goo.gl/V0v4FP
  • http://goo.gl/5CBMxh
  • http://goo.gl/E0gfZz
  • http://goo.gl/Y3TMiT

You can also read ...

The share of Iranian railroads in steel transportation is one-third.
There were high hopes for the Iranian mining industry after...
To moderate bank interest rates, the central bank has established links with the Securities and Exchange Organization.
CBI Governor Valiollah Seif has named the newly-formed cordial...
Interbank Transactions Top $800 Billion
Iranian interbank transactions during the fiscal year to March...
Despite the decrease in inflation rates under President Hassan Rouhani, Iran saw strong economic growth. 
About a hundred days ago, in the heat of the presidential...
New Veep for Economic Affairs
President Hassan Rouhani appointed Mohammad Nahavandian as his...
Amazon, Ebay Purchases Via Third Party Website
A payment facilitation website called ‘Laklak’  (meaning stork...
CRA’s international director, Alireza Darvishi will participate in the event.
Telecom regulators of 23 countries from the Asia-Pacific will...
Tehran to Host 1st Int’l Halal Confab in December
The First International Halal Conference is scheduled to be...