A potential goldmine

14-Jun-2008

The opening of Europe’s largest duty-free outlet at Istanbul Atatürk airport and the imminent privatisation of Tekel’s cigarette division are just two developments in one of the world’s strongest tobacco markets. Andrew Pentol speaks to retailers and suppliers about their plans to capitalise on the country’s potential

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Turkey is the eighth-biggest cigarette market in the world with annual consumption of about 100bn sticks. And duty-free is one of its most dynamic sales channels, exemplified by a

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(25-Feb-2008) - The sale does not include Tekel’s duty-free arm, which operates border stores and outlets at Istanbul Atatürk airport
(19-Jul-2003) - DFNI EXCLUSIVE by Gavin LipsithTURKEY. Gebr Heinemann is considering bidding for the duty-free shops division of Tekel, the Turkish state-controlled import and export agency.
(15-Jun-2006) - The Turkish government is set to make a third attempt to offload the cigarettes division of state monopoly Tekel, which controls a 40% share of the Turkish tobacco market
(2-Sep-2003) - Following its recent purchase of Italian state-owned tobacco supplier Ente Tabacchi Italiani, British-American Tobacco has denied reports that it has bid £2bn ($3.2bn) for Turkey?s state-owned tobacco manufacturer Tekel.