• May 20, 2024

Former BAT Russia Subsidiary Renamed

 Former BAT Russia Subsidiary Renamed
Image: Patcharida

BAT’s former Russian subsidiary in St. Petersburg has been renamed ITMS following the change in ownership, reports AB News.

Last year, BAT announced problems with its Russian business and its intention to leave the Russian market following Russia’s invasion of Ukraine.

The Russian and Belarusian businesses of BAT were acquired by a consortium led by BAT Russia’s management team.