In the first half of 2025, the company “JTI Ukraine,” part of the Japan Tobacco group, significantly enhanced its financial support for the state budget. During this period, the company transferred 21.2 billion hryvnias in taxes to the state budget, which is 75% higher than the same figure from last year.
This is reported by Business • Media
Investments During War and Development Plans
Since 1999, JTI has invested approximately 440 million dollars in Ukrainian assets. Of this amount, 38 million dollars were invested during the full-scale war, demonstrating the long-term trust of the investor in the Ukrainian market even amidst wartime challenges. In July of last year, the company announced its intention to invest an additional 60 million dollars in the development of the heated tobacco product category in the Ukrainian market from 2024 to 2026.
A strategic direction for JTI also remains the search for solutions aimed at reducing the energy dependence of production processes in Ukraine.
Restoration of Exports and Market Expansion
Before the onset of Russia’s large-scale aggression, the Kremenchuk factory of JTI in Poltava exported its products to 22 countries, including Mexico, Saudi Arabia, Brazil, and Japan. The volume of export revenue at that time amounted to 120 million dollars. However, in 2023, due to the war, exports were reduced to 1.5 billion cigarettes.
“The company is currently doing everything possible to fully restore its export potential.”
In 2024, JTI Ukraine has already produced over 3 billion cigarettes for export, and a similar figure is planned to be achieved in 2025. At the same time, the geography of supplies is constantly expanding: while in 2023 exports were made to four countries, in 2024 this number increased to eight, and in 2025 it will reach nine.