KT&G to expand Turkish factory to produce up to 12 billion cigarettes a year - South Korean report

Tobacco manufacturer KT&G has expanded its Turkish factory, which has expanded its floor space by about 1.5 times compared to the previous factory.
With this expansion, the company will install a total of four cigarette production facilities at its Turkish factory.
The factory will be able to produce 12 billion cigarettes and will become an export and production base to meet the demand in North Africa and Latin America.
The company is building a factory in Indonesia as well as Turkey. The factory in Kazakhstan is scheduled to be completed by the end of the year.
The company aims to improve profitability by building a self-contained local value chain that can handle everything from production to sales and distribution, centered around its overseas bases.
The expansion of the Turkish factory is part of the investment plan the company announced in January 2023. "KT&G is a top-tier global
Along with the mid- to long-term vision of "Making a leap to become a global leader," the company unveiled a growth strategy to focus on developing three core businesses: next-generation products, functional health foods, and cigarettes.
The company plans to increase its global sales ratio to more than 50% by 2027. In connection with this, the company is expanding its operations to Turkey, Indonesia, Taiwan, and other countries, including its recently established subsidiary in Uzbekistan.
The company operates corporations in six countries, and has established branches in Mongolia, Europe, and China.