PROFILE |
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Cigarette maker Reemtsma Cigarettenfabriken has rolled tobacco since 1910. The German company controls almost 25% of its home market, second only to Philip Morris, and it is one of the largest tobacco companies in Europe. The company sells more than 60 brands, such as Davidoff, Peter Stuyvesant, R1, and West, through affiliated operations in about 100 countries in Asia, Europe, and the Americas. Southeast Asia and China, where half the world's cigarettes turn to ashes, have become priority markets for Reemtsma. Jan Phillip Reemtsma, grandson of the founder, was kidnapped and released for $20 million in 1996. Coffee company Tchibo Holding, owned by the Herz family, owns 67% of Reemtsma.
COMPETITION |
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British American Tobacco p.l.c. (BTI)
JT International S.A. (dossier)
Philip Morris International Inc. (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 2,409.30
1-Yr. Sales Growth: (3.3)%
Employees: 10,885
Revenue per employee: $221,341.30
KEY PEOPLE |
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Thierry Paternot
CEO
CONTACT INFO |
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Parkstrasse 51
D-22605 Hamburg, Germany
Phone: 49-40-82-20-14-65
Fax: 49-40-82-20-18-31
Online: Web Site
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