“The program we announce today is the natural next step in the development of Scandinavian Tobacco Group since 2015. When implemented, ‘Fueling the Growth’ will improve the execution of our strategic agenda and make us a stronger, more competitive company capable of coping with the changing market conditions and better equipped to become the best integrator in the industry”, says Niels Frederiksen, CEO of Scandinavian Tobacco Group. “Unfortunately, we have to part ways with a number of valued colleagues as we ensure that we have the right organization in place to support our long-term ambitions.”
Additional information about “Fueling the Growth” is expected to following the Q3 announcement from STG on Nov. 8, 2018.
For all the latest news from Scandinavian Tobacco Group, visit st-group.com.