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Bulgartabac puts more than 10 million BGN in the treasury

March 2, 2013, 10:20 a.m.

Bulgartabac will put in the state budget more than 10 million BGN corporate taxes that was announced form the company. For comparison, a year earlier the holding puts in only 2.5 million BGN corporate taxes. The consolidated net financial result of the Bulgartabac Group companies amounted to 88.774 million BGN. That show the data of published yesterday consolidated financial statements of the company for the fourth quarter 2012. The good results are largely due to increased export sales, improved production processes and favourable international monetary situation, also says the report. According to preliminary data, in 2012 Bulgartabac achieved growth in total sales by more than 31% compared to 2011.