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BAT to Invest $52 Million in Romanian Unit, Bursa Reports

British American Tobacco Plc (BATS), Europe’s largest cigarette maker, plans to invest about 40 million euros ($52 million) in expanding a production unit in Romania, Bursa newspaper reported.

BAT started works at the unit to boost the production capacity by about 20 percent, the Bucharest-based newspaper said, citing a company statement. The factory is located in the southern Romania city of Ploiesti.

To contact the reporter on this story: Andra Timu in Bucharest at

To contact the editor responsible for this story: James M. Gomez at

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