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KARE

ASE
316 EUR
2
0.64%
Last update Jun 23, 5:15 PM EEST
Market closed
Day range
312
318
Previous close
314
Open
314
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Karelia Tobacco Co. S.A.
316.00
2
0.64%

Overview

Description

Karelia Tobacco Co. S.A. is a leading producer and distributor in the international tobacco industry, renowned for its premium quality products. Established in 1888 and headquartered in Kalamata, Greece, it stands as one of the oldest and most respected tobacco companies in Europe. Karelia's core business involves the manufacturing of a wide range of tobacco products, particularly focusing on premium cigarettes and fine-cut tobacco blends. The company's portfolio includes popular brands such as Karelia Slims, George Karelias and Sons, and Karelia Omé. Karelia Tobacco Co. has expanded its reach beyond Greece, exporting products to over 65 countries, thereby strengthening its global footprint and brand recognition. The company's operations impact various sectors, from agriculture, due to sourcing high-quality tobacco, to retail, as it diversifies product distribution through specialized networks. In the financial market, Karelia Tobacco Co. holds significance for its ability to maintain steady growth and profitability while navigating regulatory challenges and shifting consumer preferences towards alternative tobacco products. As such, it plays a crucial role in the European and global tobacco markets as a symbol of resilience and sustainable business practices.

About

CEO
Employees
566
Address
Athinon str.
Kalamata, 241 00
Phone
30 272 10 69 213
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Tobacco
Country
Greece
MIC code
ASEX
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