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JTI Ukraine to invest $45 mln in modernization of factory in Kremenchuk in two years

JTI Ukraine to invest $45 mln in modernization of factory in Kremenchuk in two years 2 min read JTI Ukraine tobacco company plans to invest $45 million in the expansion and renovation of the production facilities of its factory in Kremenchuk in 2021-2022, General Manager of Japan Tobacco International (JTI) Ukraine Paul Holloway has said in an exclusive interview with Interfax-Ukraine. This is the modernization of the entire production complex, and not an investment in a separate production line, as it was the case two years ago. The plans for this year are the expansion of the factory, the construction of a new warehouse, the modernization of the tobacco shop, new production lines, the modernization of buildings, structures, infrastructure and much more, he said.

Bahrain-Saudi non-oil trade hits $789m in Q1

Bahrain-Saudi non-oil trade hits $789m in Q1 RIYADH, 5 hours, 6 minutes ago Non-oil trade between Bahrain and Saudi Arabia reached SR2.96 billion ($789 million) during the first quarter of 2021, largely due to the uninterrupted movement of goods via the King Fahd Causeway, a media report said. The continuous flow of trade is. New logistics technology and the introduction of the Authorized Economic Operator (AEO) program that expedites processing for multinationals based in Bahrain and Saudi Arabia has cut the waiting period for trucks from an average of four hours to 20 minutes, reported Saudi Gazette, citing a report by Bahrain’s eGovernment and Information Authority.

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