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Bulgaria Tobacco Company Records 541% Export Increase

Industry | April 30, 2009, Thursday

Bulgaria Bulgaria Tobacco Company Records 541% Export Increase: Bulgaria Tobacco Company Records 541% Export Increase
"Sofia-BT" AD produced a total of 746 million cigarettes (BGN 11,11 M) for the first three months of 2009. Photo by BGNES.

The Bulgarian tobacco company "Sofia-BT" AD marked a 541% increase in exports for the first quarter of 2009 year-on-year.

The company exported 610 tons of cigarettes, worth BGN 9,5 M, compared to 94 tons (BGN 1 M) for the same period in 2008.

Main export destinations of "Sofia-BT" are the Near and Far East, Balkans, and some EU countries.

The company produced a total of 746 million cigarettes (BGN 11,11 M) for the first three months of 2009, compared to the 314 million cigarettes (BGN 3,64 M) for the same period in 2008.

"Sofia-BT" was created in 1993 as a successor of the Cigarette factory-Sofia. Some leading cigarettes brands the company offers are "Sredets", "EVA slims", and "MM".

 


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Author: Stealthy, 5 May 2009 11:28:58
Bulgaria Tobacco Company Records 541% Export Increase
wow ... 541% ! Despite this unbelievable data , I bet Bulgarian export is still focused on Russian market ... POOR RUSSIANS !
Author: CJB, 5 May 2009 12:40:10
Bulgaria Tobacco Company Records 541% Export Increase
Can you spell "VAT carousel fraud"?

It is very easy to increase exports 541%: just write on the export documents there has been an increase of 541%. Then claim back the customs duties which you have not paid, just a bribe to someone at Kulota... Then sell these cigarettes cheaply on the black market in BG.
Author: NellieotAmerica, 5 May 2009 14:45:11
Bulgaria Tobacco Company Records 541% Export Increase
WOW! That's a lot of cigarettes! A lot of people are going to get lung cancer. I don't know too many people still smoking in the US. Everyone has quit or is desperately trying to.

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