Κυριακή, 26 Δεκεμβρίου 2010
Leaf Tobacco A.Michailides Group (LTAM)
Leaf Tobacco A.Michailides Group (LTAM) is currently the forth largest tobacco processing company in the world. This has been achieved through the creation of a solid regional basis in the Balkans and the Mediterranean, where LTAM ranks number one in the five countries that are traditional producers of Oriental tobacco, as well as in F.C.V. and Burley, even with Italy included in the region.
The strategy of global investments and the entrepreneurial mentality of LTAM Group is the sole resistance against the trend of global dominance of the tobacco processing industry by the three American multinational corporations. This expansion of operations serves the company's customers needs primarily in Oriental tobacco and secondarily in the region’s F.C.V and Burley varieties. Currently, LTAM Group serves 89 customers in 54 countries.
In accordance with international market developments, LTAM is currently undertaking a managerial, technological and financial restructuring in order to improve earnings for the next three years and increase equity.