The local unit of Germany’s Continental Tobacco has inaugurated a HUF1.1 billion ($3.9 million) expansion at its Satoraljaujhely facility in Hungary, reports The Budapest business journal.
The investment will broaden the product palette to include tobacco for water pipes, as well as cigarillos. It will raise the companyʼs headcount by 20 to 420.
The expansion was supported by a state grant of HUF544 million.
Continental Tobacco is the third-largest employer in Satoraljaujhely, indirectly supporting the livelihoods of some 4,000 agricultural workers.
Continental expands
