The last Austrian cigarette factory to be closed
Austria Tabak will close its factory in Austria The Japanese owner transfers the production to another country. Negotiations are still underway over the new site selection.
With the factory closure in Hainburg 320 jobs will lost, including 240 directly in the factory, and 80 in the headquarters in Vienna. In the other three plants of the group, the production was already stopped earlier. The factory exported 60 percent of its products – reports hvg.hu, after MTI.
Related news
More related news >
Related news
OKSZ’s assessment of food inflation
“The higher-than-expected price increase of food products (4.6 percent even…
Read more >K&H Analyst Commentary: Inflation was worse than expected
Although the market expected inflation to slow to around 4…
Read more >KSH: in July, consumer prices exceeded the values of the same month of the previous year by an average of 4.3 percent, and those of June by 0.4 percent
In July, consumer prices were 4.3 percent higher on average…
Read more >