BAT’s former Russian subsidiary renamed
According to AB News, British American Tobacco’s former Russian subsidiary in St. Petersburg has been renamed ITMS following a change in ownership. Last year, BAT announced difficulties with its Russian business and said it intended to exit the Russian ma
According to AB News, British American Tobacco’s former Russian subsidiary in St. Petersburg has been renamed ITMS following a change in ownership.
Last year, British American Tobacco announced that its Russian business had encountered difficulties and that it intended to exit the Russian market following the Russia-Ukraine war.
BAT’s operations in Russia and Belarus were acquired by a consortium led by the management team of BAT Russia.
