JTI Expands Investment in Poland's Tobacco Market

BusinessJTI by 2FIRSTS.ai
Sep.27.2023
JTI Expands Investment in Poland's Tobacco Market
Japan Tobacco International (JTI) plans to invest $1.3 billion in Poland to promote its heated tobacco device, PloomX.

According to a report from the White House on September 27th, Japan Tobacco International (JTI) will be increasing its investment in Poland to 1.3 billion US dollars and promoting its heated tobacco device, PloomX. The tobacco inserts used in this device will be produced in Poland.

 

The heated tobacco products market in Poland is experiencing significant growth, currently accounting for over 10% of the overall tobacco products market. In Warsaw alone, this proportion has surpassed 25%. The market is estimated to be worth 4.8 billion złoty.

 

The innovative tobacco product factory in Stare Gostków near Łódź is increasing its production of tobacco sticks for the PloomX device to meet the growing demand for these products in Poland and around the world.

 

Yan Sobolevskyy, the Operations Director of JTI Poland's factory, has stated that the factory has increased its workforce by over 100 employees this year alone, with an investment value of over $200 million in innovative tobacco products manufacturing. This is the only JTI factory of its kind outside of Japan, and JTI is expected to further invest heavily in the production of innovative products and the entire production center in Stare Gostków.

 

Notice

1. This article is provided exclusively for professional research purposes related to industry, technology and policy. Any reference to brands or products is made solely for the purpose of objective description and does not constitute an endorsement, recommendation, or promotion of any brand or product.

2. The use of nicotine products, including but not limited to cigarettes, e-cigarettes, and heated tobacco products, is associated with significant health risks. Users are required to comply with all relevant laws and regulations in their respective jurisdictions.

3. This article is strictly restricted from being accessed or viewed by individuals under the legal age.

Copyright

This article is either an original work by 2Firsts or a reproduction from third-party sources with the original source clearly indicated. The copyright and usage rights of this article belong to 2Firsts or the original source. Unauthorized reproduction, distribution, or any other unauthorized use of this article by any entity or individual is strictly prohibited. Violators will be held legally responsible. For copyright-related matters, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have utilized AI to enhance translation and editing efficiency. However, due to technical limitations, errors may occur. Readers are advised to refer to the sources provided for more accurate information.

This article should not be used as a basis for any investment decisions or advice, and 2Firsts assumes no direct or indirect liability for any errors in the content.