Arab company to invest 20 million euros in Tobacco Factory
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The tobacco company "BMJ Industries FZ LLC" from the United Arab Emirates and the Government of Montenegro signed an agreement on the transfer of management of the Tobacco Factory.
BMJ Industries FZ LLC currently has the capacity to produce 200,000 packs of cigarettes per month, and among its products there is a fragrant tea with various fruit and berry additives, and various smoking accessories.
Under the agreement, the Arab company will invest 20 million euros in the construction of the new factory building, provided that the existing building and all equipment will also be suitable for work and production.Investments will be received within a year, also "BMJ Industries FZ LLC" promises not to change the staff of the factory.
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