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Company type | Public incorporated company |
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Athex: KARE | |
Industry | Tobacco |
Founded | 1888 |
Headquarters | Kalamata, Greece |
Area served | Worldwide |
Key people | Andreas G. Karelias, (Managing Director) |
Products | Cigarettes, Rolling papers, Cigarillos |
Revenue | €1.035 billion (2019)[1] |
€108.18 million (2019)[1] | |
€67.4 million (2019)[1] | |
Total assets | €619.48 million (2019)[1] |
Total equity | €513.01 million (2019)[1] |
Owner |
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Number of employees | 565 (2024)[3] |
Subsidiaries | Karelia Tobacco Company (U.K.) Ltd. Karelia Bulgaria EOOD GK Distributors EOOD Karelia Tütün ve Ticaret A.S. Meridian S.A. Duty Free Specialists Karelia Investment Karelia Belgium |
Website | www |
Karelia Tobacco Company Inc. (Karelia) is an international tobacco company headquartered in the city of Kalamata, Greece. It is also the country's largest tobacco manufacturer and exporter of fine tobacco products.
Karelia brands are sold in more than 65 countries around the globe in Western and Eastern Europe, the Far East, the Middle East, the Persian Gulf and Africa. Its brands include George Karelias and Sons, Karelia Slims, Omé, Karelia Family, Karelia Royal, Rex, American Legend and Leader. The Company produces an average of 15 billion cigarettes per year and employs approximately 500 people worldwide.
Karelia has a primary listing on the Athens Stock Exchange (KARE).[4]