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
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Tobacco
Country
Greece
MIC code
ASEX