JTI – Japan Tobacco International a tobacco companies held by Japan Tobacco, the third largest manufacturer in the tobacco industry with 11% market share worldwide and a market cap of around $32 billion.
The group was established in 1999 when Japan Tobacco Inc. acquired the international businesses of R.J Reynolds for $8 billion.
JTI employs 23,000 in 80 branches and 30 factories and R&D centers across the globe. JTI brands are sold in over 120 countries.
A week ago, JTI Romania announced its decision to cut 169 jobs in JT International (Romania) SRL, a measure that will affect 128 workers, the remaining 41 jobs were already vacant.
In lipsa unui acord scris din partea InternetCorp, puteti prelua maxim 500 de caractere din acest articol daca precizati sursa si daca inserati vizibil linkul articolului JTI Romania cuts capital by 18.8 million lei to offset losses.