Russia sets minimum cigarette retail price at 117 rubles

Nov.30.2022

Russia sets minimum retail price for a pack of cigarettes at 117 rubles starting from January 1, 2023.

The Russian Ministry of Agriculture has determined that the minimum retail price for a pack of cigarettes in 2023 will be 117 rubles (approximately $1.60 USD).

According to data from the department, the calculation was based on the minimum value of the unit consumption tax rate for tobacco product packaging, set by the Russian Federation Tax Law, as well as the value-added tax rate and incremental factor, starting January 1, 2023.

In 2022, the minimum retail price of a pack of cigarettes in Russia will be 112 rubles (about 9.8 Chinese yuan).

2FIRSTS will continue to follow this issue and provide updates on the '2FIRSTS APP.' Scan the QR code below to download the app.

#Russia #Retail store

This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

Germany OLG Cologne: Touchscreen Vape Use Violates Driving “Phone Ban”

Germany’s OLG Cologne ruled that adjusting an e-cigarette touchscreen while driving violates the “phone ban” under road traffic law. The driver, caught changing vape settings on the highway, was fined €150 and received one penalty point, as the court said such actions pose significant distraction risks.

Oct.27 by 2FIRSTS.ai

Philip Morris International and an Italian Design Brand Launch Limited-Edition IQOS Collaboration, Debuting in Japan Before Expanding to 13 Travel Retail Markets

Philip Morris International (PMI) has partnered with Italian design brand Seletti on a limited-edition IQOS collaboration, unveiled at Milan’s Pirelli HangarBicocca. The collection features two models, launching first in Japan before rolling out to 13 global travel retail markets. PMI says the partnership leverages design and cultural storytelling to advance its smoke-free transition.

Oct.28 by 2FIRSTS.ai

Co-op Faces Backlash Over Vape Promotion Strategy Post-Cyberattack

The Guardian reports that UK retailer Co-op is ramping up vape promotions to recover sales lost after an April cyberattack. Internal documents cite a £1M weekly sales gap and 100,000 fewer transactions. Staff say the move contradicts Co-op’s “ethical retail” image, as the government prepares to ban vape ads under the Tobacco and Vapes Bill.

Oct.28 by 2FIRSTS.ai

KT&G to Complete New Indonesian Factory, Its Largest Overseas Production Hub

According to Daily Hankooki, KT&G’s new factory in Indonesia will be completed this month and is scheduled to begin operations in February 2026. Once operational, the facility will have an annual production capacity of around 35 billion cigarettes, becoming the company’s largest overseas manufacturing base.

Nov.12 by 2FIRSTS.ai