KT&G to Gain on Capital in Turkey Operation

MarketBusiness

Nov.30.2022

KT&G Turkey Board decided to increase its operation capital by 35 million USD in 2022.

After the capital increase, KT&G Turkey plans to expand its activities and presence in the country with investments aiming to strengthen the economic cooperation between Turkey and South Korea.

As a result of the decision taken by the KT&G Board, it was planned that KT&G's investments in Turkey would continue to grow with the planned capital increase in 2023 and 2024 as a continuation of the investment increase starting in 2022.

#Europe #Open system e-cigarettes #United Kingdom #Turkey

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