JT holds a 40% share in Russia; government is also the largest shareholder, raising fears it could be forced to sell the business

The story

JT holds a leading share of around 40% in the Russian market. It has a strong local presence, and the Japanese government holds part of the company's shares as its largest shareholder. This has strengthened the company's business base in Russia.

JT International (JTI), its overseas subsidiary, has 4 production facilities in Russia, where it manufactures cigarettes and processes tobacco materials. JT successively acquired tobacco companies in Russia and became the market leader in 2007.

At a glance

CompanyJapan Tobacco holds the leading share of approximately 40% in the Russian market

Parent companyThe government holds more than one-third of the shares as the largest shareholder

EquipmentJTI has 4 production facilities in Russia

DateJT became the market leader in Russia in 2007

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