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Analysis
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Preliminary Results of 2015 in Russia

The market continued to decline, consumers economise, and the regulator is making new cunning plans

Based on the operation of the industry in the first eleven months of 2015, the preliminary estimate of cigarette production in Russia in 2015 is about 320 billion cigarettes, which is almost 10% lower than production in 2014. Consumption will also be down, according to expert estimates, but by 6-7% on the previous year. Indirect information about individual companies that was coming...

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