Shipping from Europe with tracking number /50mm,bronze
Swedish Match AB is a Swedish company based in Stockholm that makes snus, moist snuff, and chewing tobacco (with its Red Man brand). These products are known as moist smokeless tobacco. The company also makes machine-made cigars, matches, and lighters and sells batteries, light bulbs and disposable razors. Swedish Match operates in 11 countries and has 6,270 employees (average 2019). The products are sold globally, with a majority of sales originating in Scandinavia and the United States.[3]
The Swedish Match share has been listed on Nasdaq Stockholm, large cap segment, since 1996, with the ticker symbol SWMA. It is a constituent of the OMX Stockholm 30 index.[1][3] In 2019, approximately 32 percent of the trades by number of shares were done at Nasdaq Stockholm, 54 percent at Cboe, 5 percent at London Stock Exchange, 3 percent at Turquoise and 6 percent at other exchanges. The group had total sales of approximately SEK 14.7 billion in 2019, with an operating profit from product segments of SEK 5.8 billion. Snus and moist snuff accounted for 52 percent of sales and 60 percent of operating profit from product segments.[3]
Tobacco factory
The Strengberg tobacco factory was one of the largest and most successful tobacco firms in Finland, situated in the Ostrobothnian town Jakobstad. From this position of strength, it was also (probably) the first Finnish company to open a subsidiary abroad, in the Swedish town of Härnösand in 1903. The severe competition between the Finnish tobacco producers (such as P.C. Rettig & Co and Tollander & Klaerich) led to rapid technological development in the branch. By the 1840s, Strengberg had started to install machinery and industrialise artisan production. Cutting machines were acquired and installed in the 1850s, and the first steam engine to drive the cutting and pressing machines were acquired in 1863, and in 1900, the factory employed around 1000 people in Jakobstad.
The production in Härnösand, Sweden had started on a small scale in 1903, but expanded rapidly and Ph. U. Strengberg & C:o became a significant producer of cigarettes in Sweden. Even during the first full year of operations in 1904, Strengberg produced 17 per cent of all Swedish cigarettes. In 1908 Strengberg was the second largest cigarette producer in Sweden. Its share of cigarette production reached a top figure in 1911 when Strengberg accounted for nearly half of the cigarettes produced in Sweden. The success of the Strengberg firm can, first and foremost, be attributed to the use of modern production methods in cigarette production.
The Finnish tobacco producers’ Swedish operations came to an end with the foundation of the Swedish tobacco monopoly AB Svenska Tobaksmonopolet in 1914. For Strengberg this was a harsh blow, as production in Härnösand had been quite profitable. Strengberg opened a subsidiary in Oslo, Norway in 1912. However, this operation never met with financial success, and the subsidiary was closed down in 1928. The subsidiaries in Copenhagen, Denmark and Lübeck, Germany, met with similar fates.
In 1940, P.C. Rettig & Co bought the share majority of Ph. U. Strengberg & Co Ab in Jakobstad, operating tobacco factories both in Turku and Jakobstad. The companies were fully merged to form Oy Rettig-Strengberg Ab in 1976. In the mid-1990s, the factory was bought by R. J. Reynolds, who later sold it to Swedish Match. The factory was closed down in 1998, and the production was moved to the Swedish Match factories in Belgium.