Smoking is not good for the financial health of China Tobacco

China Tobacco International Europe Company SRL (registered in Ilfov) is owned by companies registered in China. Which are as follows: China Tobacco Anhui Industrial Corporation (62%), Hongta Tobacco Group Co Ltd (Trust) (25,6%) and China Tobacco Shaanxi Industrial Co. Ltd. (12,3%). Big investment in China Tobacco International Europe Company SRL According to the company’s website, “China Tobacco International Europe Company, hereinafter referred as CTIEC is the only manufacturing plant of China National Tobacco cigarettes in Europe and so far the largest investment project in Romania owned by the Chinese government. In the CTIEC project of foundation from Romania, the Chinese