This report provides a unique and comprehensive analysis of the company Global, Regional and National Tobacco Players: GTF Neman, including the corporate profile, organisation structure, financial data, and competitive positioning. The analysis also details the organisation's history, merger and acquisition activity, licensing agreements, brand portfolio, as well as an assessment of competitive performance, strengths and weaknesses and current and future strategies.
Grodno Tobacco Factory was established in 1861, became a public limited company in 1907, and took its current name GTF Neman in 2000. The company was transformed into a joint stock company in December 2008. It is currently the largest cigarette manufacturer in Belarus. Neman saw its sales rise dramatically in 2011 to 17.06 billion pieces, with a further rise to 21 billion pieces in 2012. However, not all its stated domestic sales in 2012 were actually sold in Belarus, with cigarettes smuggled to Russia amounting to more than 2.2 billion pieces.