BULGARIA’S BULGARTABAK STOPS EXPORTS TO THE MIDDLE EAST

Bulgarian tobacco group Bulgartabac Holding stops the production and sales of its products to the Middle East as of 1st of April. This will result in 400 job cuts and 80% reduction of the programme for purchase of Bulgarian tobacco in the next period.

In a statement, the company explains its decision with the sensitive situation in the Middle East region and a sharp decline in the orders to the company as a result from negative publicity by the local media group Capital.

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