
According to a report by N.News on October 20th, South Korean tobacco company KT&G announced a factory expansion ceremony held in Turkey.
The ceremony took place at the existing factory in the Tire district of Izmir province, Turkey. KT&G CEO Bang Kyung-Man and South Korean Ambassador to Turkey Jung Yeon-doo attended the event.
With this expansion, the total area of KT&G's Turkish factory has reached 25,000 square meters, increasing by approximately 1.5 times. In addition, two new production equipment have been introduced, bringing the total number of cigarette production lines in the factory to four, with an annual production capacity of 12 billion units.
A spokesperson for KT&G stated that the Turkish factory will serve as the company's export outpost and core production base to meet the growing demand in North Africa and Central and South America markets.
In 2008, KT&G established a factory in Turkey as its first overseas production base. Currently, KT&G is constructing another new factory in Indonesia, and is also planning to complete the construction of a new factory in Kazakhstan by 2025.
Bang Kyung-Man emphasized that the Turkish factory will become an overseas production hub driving global business expansion, as well as an important outpost for KT&G to achieve its vision of becoming a global leader.
We welcome news tips, article submissions, interview requests, or comments on this piece.
Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn
Notice
1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.
2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.
3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.
4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.
Copyright
This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.
For copyright-related inquiries, please contact: info@2firsts.com
AI Assistance Disclaimer
This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.
We welcome any corrections or feedback. Please contact us at: info@2firsts.com