British American Tobacco (Czech Republic), S.R.O. (Czech Republic)

British American Tobacco (Czech Republic) S.R.O. is a leading global company that was founded in 1902. It currently employs over 50,000 people worldwide, operates in 180 markets, and has manufacturing facilities in over 40 countries. As part of their "A Better Tomorrow™" strategy, the company aims to reduce the impact of their business through a wide range of products with reduced risk* for consumers. The company has a truly international presence, with regions spanning six continents and divided into three main areas: the United States; America and Europe (AME); and Asia, Pacific, Middle East, and Africa (APMEA). Employees work in offices, factories, technology centers, and research and development centers. They also spend time visiting retailers who sell their products and assisting and advising tobacco growers, who are valued partners in their successful journey. In the Czech Republic, the company has been operating since 1994 and holds a strong position in the local market. Their headquarters are located in Prague, employing approximately 220 people. Their portfolio focuses on international brands such as Lucky Strike, Rothmans, and Viceroy, as well as reduced-risk* products since 2018. All products sold are manufactured within the EU, with production facilities in Germany, Hungary, Poland, and Romania. All products are delivered to their central warehouse near Prague and distributed throughout the Czech Republic. The company's product portfolio includes traditional tobacco products, such as cigarettes, as well as a range of products where tobacco is not burned. This includes new categories of reduced-risk* products, such as Vuse and VUSE GO vaporizers, glo™ tobacco heating devices, and their refills, as well as VELO nicotine pouches without tobacco. The Group's headquarters are located in London, and the company is listed on the London Stock Exchange. Their ambition remains the same, aiming to have a total of 50 million users of products in new categories by 2030. Additionally, their revenues from new category products should grow at a faster pace than their overall revenues, which are projected to reach £5 billion by 2025. They have made significant progress towards these goals, increasing the number of users of new category products by 4.2 million to a total of 22.5 million worldwide in 2022, with these products now accounting for 14.8% of the group's income. The company invests nearly £350 million annually in the development of products in new categories, continuing their transformative journey to create "A Better Tomorrow™" for all.