British American Tobacco Plc will sell business to Russian Federation and Belarus to local management

Closing of the transaction is expected within the next month. After that assets will be renamed into ITMS Group. The agreement assumes preservation of labor conditions of employees within two years after transaction closing. British American Tobacco Plc, one of the world's largest producers of tobacco production, announced the decision to leave from the Russian market in March, 2022. As of June 30, 2023 about 2,7% of revenue of group were the share of Russian Federation and Belarus...