British American Tobacco subsidiary BAT Russia invested RUB2.2 in its St Petersburg and Saratov plants last year – a 40% increase on 2013. According to a press release issued by the company, its market share increased by 0.15% to 21.3% during 2014, with the Rothmans brand enjoying the fastest growth. “Due to the cost of cigarettes caused by increased excise taxes, consumers [are looking for] ‘quality at a reasonable price’,” the statement said.
Source: Interfax