KT&G Expands Turkey Factory... "Full-Scale Global Production System Launch"

Laying the Foundation for Global Cigarette Business Expansion
Accelerating Overseas Exports to North Africa and Latin America

KT&G announced on the 20th that it held an expansion ceremony for its T?rkiye factory on the 16th to leap to the 'global top tier' and expand its overseas business.

The expansion ceremony held at the local factory located in the Tire region of ?zmir Province, T?rkiye, was attended by about 50 key stakeholders, including KT&G President Bang Kyung-man, Burak Karag?l, Head of Tire Branch, Jung Yeon-du, Ambassador to T?rkiye, Hayati Okuro?lu, Mayor of Tire, and Ur Yal?ın, Head of TADAB (Tobacco and Alcohol Administration).

Key officials, including Bang Kyung-man, President of KT&G (fourth from the right), Bural Karagul, Director of Tire Branch (third from the right), and Jeong Yeon-du, Ambassador to Turkey (fourth from the left), are posing for a commemorative photo at the expansion ceremony of the local factory in Izmir Province, Turkey, held on the 16th.
[Photo by KT&G]

Through this expansion, the KT&G T?rkiye factory, which now has a total floor area of 25,000㎡?approximately 1.5 times larger than before?has added two state-of-the-art production facilities. As a result, the factory can now produce up to 12 billion cigarettes annually with a total of four cigarette production lines. The T?rkiye factory is set to become an export forward base and a key production hub responding to the growing demand in the North African and Latin American markets.

Previously, KT&G established the T?rkiye factory as its first overseas plant in 2008 and has since continuously strengthened its global business. Currently, KT&G is constructing an additional factory in Indonesia, and a new factory being built in Kazakhstan is also scheduled for completion this year. The company plans to focus on improving profitability by building a locally integrated value chain that directly manages everything from production to sales and distribution centered on overseas production bases.

The expansion of the T?rkiye factory is part of KT&G's growth investment announced at the 'Future Vision Declaration Ceremony' in January 2023. KT&G revealed a growth strategy focusing on three core businesses?NGP, Global CC, and health functional foods?along with a mid- to long-term vision to leap to the global top tier. The company plans to increase the global sales ratio to over 50% by 2027 through strengthening its overseas direct business capabilities.

KT&G President Bang Kyung-man stated, "Through this expansion, the T?rkiye factory will become an overseas production hub leading the expansion of our global business and a forward base for the group’s future vision of leaping to the global top tier." He added, "Going forward, KT&G will continue to focus on securing global business competitiveness through investment in the three core businesses and a spirit of challenge toward the future."

This content was produced with the assistance of AI translation services.