Cigarette sales up, with smaller companies making the greatest gains
In the first half of 2002 cigarette producers sold 36.16 billion cigarettes.
This is a slight increase of around one billion in comparison to the same
period last year. The smallest players gained, while the biggest suffered
losses. The sales of Krakow based Merkury were down 9.9%, while sales of top
producers, Philip Morris dropped by 6.22% and Reemtsma by 2.25%. Meanwhile
the best results were recorded by Zaklady Tytoniowe in Lublin, whose sales
rose by over 40%, House of Prince, up 18.37% and Altadis, not tailing far
behind with a 17.35% increase. "There are reasons to be happy. The legal
market has gained sales of a little over one billion cigarettes and this is
a sign for the future," said Jaroslaw Szlendak, the House of Prince
president. (Puls Biznesu, p. 6) P.W.