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TOBACCO FACTORY ROVINJ TO INCREASE PRICES DUE TO HIGHER TAXES

ZAGREB, Oct 28 (Hina) - The price of cigarettes of the largest Croatian tobacco producer, the Tobacco Factory Rovinj (TDR), will as of November 1 increase by an average 9.45 per cent due to an increase in special taxes on tobacco products. The company covers about 86 per cent of the Croatian market. In line with legal changes, special taxes on tobacco products will increase by 17.33 per cent, whereas the overall taxes will increase by 15.16 per cent. TDR's prices, i.e., the company's income, will decrease by an average 5.16 per cent, the company reported.(hina) jn rml
ZAGREB, Oct 28 (Hina) - The price of cigarettes of the largest Croatian tobacco producer, the Tobacco Factory Rovinj (TDR), will as of November 1 increase by an average 9.45 per cent due to an increase in special taxes on tobacco products. The company covers about 86 per cent of the Croatian market. In line with legal changes, special taxes on tobacco products will increase by 17.33 per cent, whereas the overall taxes will increase by 15.16 per cent. TDR's prices, i.e., the company's income, will decrease by an average 5.16 per cent, the company reported. (hina) jn rml

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