BAT Russia reports 40% increase in investment for 2014

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