Three of the world’s biggest tobacco companies with factories in Serbia criticized higher cigarette excise tax without agreement with the industry.
This would have negative impact on business and the attracting of foreign investors to Serbia, they said.
Posts Tagged ‘tobacco’
Tobacco companies against higher taxes
Pesticides: Smoking them out
Tobacco extracts protect plants from pests and pathogens
THERE are, as Paracelsus put it, no poisons—only poisonous doses. That is certainly true of nicotine. The amount in a puff from a cigarette acts as a pleasant stimulus. The amount in a packet of 20, injected in one go, would kill you.
The Victorians understood this and regularly used nicotine as a lethal poison—not for people (except in the minds of a few crime novelists) but for insects. The invention of modern, synthetic insecticides has more or less killed that practice off. But Cedric Briens of the University of Western Ontario is thinking of reviving it, and is also asking whether tobacco has any other pesticidal properties that might be exploited by the hard-pressed horticulturalist. …
Greece introduces smoking ban
A new law has come into force in Greece banning smoking in enclosed public spaces and tobacco advertising. It is the second such attempt to curb tobacco addiction in Europe’s biggest-smoking nation in just over a year.
Loophole in tobacco tax causes huge losses to U.S
The U.S suffered huge losses of more than $250 million last year due to a loophole left in the tobacco tax under the program of President Barack Obama’s children’s health insurance.
It was due to the loophole that companies were successful in avoiding huge tax payments. The tax was imposed on loose rolling tobacco [...]
DIV renamed British American Tobacco
Vranje Tobacco Industry (DIV), founded in 1885, has seen the board of shareholders pass the motion of the BAT/DIV executive board to change the company’s name.
The southern Serbia-based cigarette maker is now called British American Tobacco (BAT).
Alarming rise numbrs of tobacco addict girls
Number of tobacco addict girls is increasing in India. According to a report, 8.3% girls take tobacco in some form and what worries more is that the girls are in the age bracket of 13-15.
Global Youth Tobacco Survey has release these statistics in its recent first such report. The experts are saying that [...]
Gates Foundation funds to control tobacco menace
In order to have more control over rapidly growing global tobacco epidemic, The Bill & Melinda Gates Foundation has granted $5 million for Gujarat and Andhra Pradesh for strengthening of their National Tobacco Control Programme. The fund was granted for Public Health Foundation of India.
The funds will be implemented in many district of [...]
Maker repents over exploding cigarette in Indonesia
An Indonesian tobacco company has agreed to pay the medical expenses of a man who lost six teeth when a cigarette mysteriously exploded in his mouth. Security guard Andi Susanto, 31, told Metro TV from his hospital bed that cigarette producer PT Nojorono Tobacco Indonesia had offered to pay for
Cigarette maker sacks third of workforce
Tobacco Industry of NiÅ¡ (DIN) today laid off one third of its workers – a total of 306 people who have been declared a “technological surplus”. The southern Serbia-based company is owned by Philip Morris International.
Cigarette maker sacks 306 workers
Tobacco Industry of NiÅ¡ (DIN), owned by Philip Morris International, has announced it will sack 306 of its workers on Sept. 7. The company said that the workers have been found to be a “technological surplus”.
Catholic bank owned pill shares

A Roman Catholic bank in Germany has apologised after admitting it bought stocks in defence, tobacco and birth control companies.
Der Spiegel newspaper discovered the bank had invested 580,000 euros (£495,310, $826,674) in British arms company BAE Systems.
It also invested 160,000 euros in American birth control pill maker Wyeth and 870,000 euros in tobacco companies.
The bank apologised for behaviour "not in keeping with ethical standards".
Pax Bank has previously advertised ethical investment funds, specifically claiming to avoid arms and tobacco companies along with organisations that do not adhere to Catholic beliefs.
Since 1968 the Catholic church has condemned contraception – a view emphatically upheld by current Pope Benedict XVI.
In the past he has called birth control a "grave sin".
A spokesman for Pax Bank said: "We will rectify the mistakes immediately without negative consequences for our clients.
"Unfortunately in a few internal reviews, the critical investments in question were overlooked – we deeply regret this."
The spokesman thanked journalists for bringing the controversial investments to its attention. </p
This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.
Catholic bank owned pill shares
A Roman Catholic bank in Germany has apologised after admitting it bought stocks in defence, tobacco and birth control companies. Der Spiegel newspaper discovered the bank had invested 580,000 euros (£495,310, $826,674) in British arms company BAE Systems.
DIN to lay off one third of workers
The Niš Tobacco Industry (DIN) will sack more than a third of its workers by the end of summer. The cigarette maker, based in southern Serbia, is owned by Phillip Morris International.
Karen Stabiner: Small Good News: Bringing Big Tobacco To Its Battery-Powered Knees
In the name of transparency, yes, my late father lit one cigarette off the end of another from the time he was twelve until…
Big Tobacco Sets Its Sights On Africa
It’s easy enough to buy a smoke at Isa Yakubu’s grocery store on a busy street in Lagos, Nigeria. Never mind if you don’t have much money. Most local merchants are happy to break open a pack and sell cigarettes one at a time — single sticks, …
Native American Indian Youth “Anti-Tobacco Summitâ€
Native Americans from across Georgia gathered in Hawkinsville to warn young people about the dangers of tobacco in the Native American Indian Youth Anti-Tobacco Summit.
It’s a three-day event that started Tuesday and runs through Thursday at noon. The goal of the summit is to teach children from an early age how harmful tobacco can be, [...]
Former ally slams Äukanović as “cartel boss”
A former adviser to Montenegrin PM Milo Äukanović says that the so-called Tobacco Cartel is to blame for the murder of Ivo Pukanić. The Croatian journalist and publisher was assassinated last fall in Zagreb. Now Ratko Knežević told Podgorica’s Vijesti daily what he claims he knows about cigarette smuggling operations, secret channels, bank accounts and persons involved.
Jonathan Kim: ReThinking Thank You for Smoking: Tobacco’s Last Action Hero?
The Obama administration just passed the Family Smoking Prevention and Tobacco Control Act. So Will the Nick Naylors of the world soon become extinct? Not by a long shot.
US military accepts that front-line soldiers need their smokes

American troops are not to be banned from smoking in war zones, the US Defence Department says.
The decision comes despite a recent study which recommended the US military should be tobacco-free.
Pentagon spokesman, Geoff Morrell, said US troops were already making enough sacrifices in Iraq and Afghanistan.
He said Robert Gates, the US defence secretary, did not want to add to the stress of the troops by taking away their right to smoke.
But Mr Morrell said the Pentagon would examine the recent study to see what else could be done to move towards banning tobacco in the military.
He said: "Obviously it is not our preference to have a force that is using tobacco products."
‘Fearless warrior’
A report commissioned by the US government said last week that the US military should be smoke-free in the next 20 years.
The Institute of Medicine (IOM) said 30% of army personnel are smokers, leading to "very high" economic and health costs.
But it acknowledged that the change could be hard to introduce, as smoking has "long been associated with the image of a tough, fearless warrior".
The Pentagon has said it supports the idea and believes it is "achievable".
The report, commissioned by the Pentagon and the US Veterans’ Administration (VA), said the Pentagon spends more than $1.6bn (£1bn) every year on tobacco-related medical care, hospital treatment and lost days of work.
It said that rates of tobacco smoking in the military have increased since 1998, and may be as high as 50% among service personnel returning from duty in Iraq and Afghanistan. </p
This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.



