{"id":604936,"date":"2018-12-17T04:23:13","date_gmt":"2018-12-17T04:23:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/eastern-company-says-counterfeit-cigarettes-have-no-impact-on-the-company\/"},"modified":"2018-12-17T04:23:13","modified_gmt":"2018-12-17T04:23:13","slug":"eastern-company-says-counterfeit-cigarettes-have-no-impact-on-the-company","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/eastern-company-says-counterfeit-cigarettes-have-no-impact-on-the-company\/","title":{"rendered":"Eastern Company says counterfeit cigarettes have no impact on the company"},"content":{"rendered":"<p>State-owned tobacco maker Eastern Company said the counterfeit Cleopatra cigarettes manufactured in Montenegro have had no impact on the company\u2019s growth, <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/16-12-2018%20%D8%A7%D9%8A%D8%B3%D8%AA%D8%B1%D9%86%20%D8%A7%D9%84%D8%B9%D9%84%D8%A7%D9%85%D8%A9.pdf\">according to a statement to the EGX (pdf)<\/a>. The counterfeit production operation \u2014 <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/12\/egypts-iconic-cleopatra-cigarettes-are-being-undercut-by-a-montenegrin-state-owned-factory\/\">which we delved into last week<\/a> \u2014 took place in 2012, Eastern Co said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned tobacco maker Eastern Company said the counterfeit Cleopatra cigarettes manufactured in Montenegro have had no impact on the company\u2019s growth, according to a statement to the EGX (pdf). The counterfeit production operation \u2014 which we delved into last week \u2014 took place in 2012, Eastern Co said.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9315],"tags":[247,72,131,2390,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604936","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-eastern-company","tag-enterpriseam","tag-manufacturing","tag-other-business-news-of-note","tag-trade","wpautop","entry"],"acf":{"mongo_id":"9a2f6538-391e-4c81-96f7-05baf2fd4d38","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Eastern Company says counterfeit cigarettes have no impact on the company","related_issue":[604907],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.2f7aa8b3-652f-40d6-a00e-53eac9bcf313.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Eastern Company says counterfeit cigarettes have no impact on the company - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/eastern-company-says-counterfeit-cigarettes-have-no-impact-on-the-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eastern Company says counterfeit cigarettes have no impact on the company\" \/>\n<meta property=\"og:description\" content=\"State-owned tobacco maker Eastern Company said the counterfeit Cleopatra cigarettes manufactured in Montenegro have had no impact on the company\u2019s growth, according to a statement to the EGX (pdf). The counterfeit production operation \u2014 which we delved into last week \u2014 took place in 2012, Eastern Co said.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/eastern-company-says-counterfeit-cigarettes-have-no-impact-on-the-company\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-17T04:23:13+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/eastern-company-says-counterfeit-cigarettes-have-no-impact-on-the-company\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/eastern-company-says-counterfeit-cigarettes-have-no-impact-on-the-company\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Eastern Company says counterfeit cigarettes have no impact on the company\",\"datePublished\":\"2018-12-17T04:23:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/eastern-company-says-counterfeit-cigarettes-have-no-impact-on-the-company\/\"},\"wordCount\":57,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Eastern Company\",\"EnterpriseAM\",\"Manufacturing\",\"Other Business News of Note\",\"trade\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/eastern-company-says-counterfeit-cigarettes-have-no-impact-on-the-company\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/eastern-company-says-counterfeit-cigarettes-have-no-impact-on-the-company\/\",\"name\":\"Eastern Company says counterfeit cigarettes have no impact on the company - 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The maker of Cleopatra and other popular brands last hiked prices barely\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596020,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/18\/eastern-tobacco-raises-prices-of-some-products\/","url_meta":{"origin":604936,"position":1},"title":"Eastern Tobacco raises prices of some products","author":"enterpriseam admin","date":"18 August 2019","format":false,"excerpt":"Eastern Tobacco raised the prices of its Mundial and Black Label cigarettes by EGP 1, the company said in a bourse filing (pdf). Mundial cigarettes now cost EGP 17.5 per pack and Black Label costs EGP 23 per pack. The increase is due to VAT, the company said.","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":553563,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/08\/new-tobacco-license-terms\/","url_meta":{"origin":604936,"position":2},"title":"New tobacco license terms","author":"enterpriseam admin","date":"8 December 2021","format":false,"excerpt":"The tobacco industry is less than pleased with the latest set of conditions for a license to manufacture cigarettes, which the Industrial Development Authority (IDA) issued earlier this week, according to Masrawy. The \u201cnew\u201d conditions booklet for the license are largely unchanged from those back in March of this year,\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/255.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560970,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/21\/will-easterns-monopoly-go-up-in-smoke\/","url_meta":{"origin":604936,"position":3},"title":"Will Eastern\u2019s monopoly go up in smoke?","author":"enterpriseam admin","date":"21 March 2021","format":false,"excerpt":"Eastern Company\u2019s tobacco monopoly could soon come to an end after the government put a license to manufacture regular and e-cigarettes up for grabs. Authorities have invited both companies with a local presence and new players to compete, the local press reported, citing government sources. Eastern \u2014 which has been\u2026","rel":"","context":"In &quot;COMPETITION WATCH&quot;","block_context":{"text":"COMPETITION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/competition-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/256.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565113,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/21\/eastern-company-confirms-ongoing-tender-that-would-kind-of-end-its-tobacco-monopoly\/","url_meta":{"origin":604936,"position":4},"title":"Eastern Company confirms ongoing tender that would (kind of) end its tobacco monopoly","author":"enterpriseam admin","date":"21 March 2021","format":false,"excerpt":"Tobacco monopoly Eastern Company has confirmed we\u2019re about to see a new competitor: Several companies were invited to bid to become Egypt\u2019s second major tobacco company in a tender issued by the Industrial Development Authority (IDA), state-owned cigarette manufacturer Eastern Company said in a filing to the EGX (pdf). The\u2026","rel":"","context":"In &quot;SPEED ROUND: COMPETITION WATCH&quot;","block_context":{"text":"SPEED ROUND: COMPETITION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-competition-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/507.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545909,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/17\/philip-morris-strikes-an-agreement-on-local-tobacco-manufacturing-with-eastern\/","url_meta":{"origin":604936,"position":5},"title":"Philip Morris strikes an agreement on local tobacco manufacturing with Eastern","author":"enterpriseam admin","date":"17 April 2022","format":false,"excerpt":"Eastern agrees to let Philip Morris make smokes in Egypt: The Egyptian arm of tobacco giant Philip Morris is on course to manufacture cigarettes in Egypt after reaching an agreement with Eastern Company, according to a disclosure to the EGX (pdf) filed by the state tobacco monopoly on Thursday. 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