21 July 2011

New Tobacco Factory in Kavadarci

Company Alliance One has invested EUR 4 million in the opening of a new tobacco processing plant. Another investor is Kadavarci-based IGM Trade.
The Management of Alliance One says they cooperate with more than 9,000 producers and this year, they signed contracts on more than 6,700 tons of tobacco.
Alliance One has been present in Macedonia for the past 13 years. Prior to that, the company Diamond entered the market by buying two Macedonian companies in Kadavarci and Vinica. Alliance One ranks tenth in Macedonia by export.

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