The chronicle of Eger Tobacco Factory
On the great ship
Eger Tobacco Factory Ltd. conquered the market of light cigarettes 1991 1992 1993 1994 1995 90 But now let's sail into more cheerful waters, and talk about what brought joy... after all, the pages of this book are thinning and this list will be longer. Starting with the investments. Since 1 January 1992, Philip Morris has made capital investments of nearly USD 40 million partly in cash, partly in equipment and infrastructural developments. Between 1992 and 1996 the factory renewed, bought or leased 18 production machines to a total of USD 16 million, and spent a further USD 7 million in modernizing technology. The expansion of storage capacity cost nearly USD 3 million, and investments for the renewal of buildings, the modernization of the work environment, and increasing safety surpassed the USD 4.5 million level. Modern, direct telephone lines ensure that making a call to the Lausanne centre doesn't take any longer than calling a nearby office, while there is a computer on nearly every desk in order to speedily access necessary data, process it and pass it on. The factory spent over HUF 260 million on the training of factory workers. One of the significant chapters in the training programme was an English-language course during which 90 persons studied English over a total 58,540 hours in classes held in the factory, in Budapest, and abroad. While on 31 December 1991 the number of those who wrote, spoke and understood English was no more than 10 (not counting the interpreters), this number today is 60. One thousand two hundred and sixty employees have participated in several professional training programmes - and as the figures indicate, several people took part in more than one course - over a total 2,557 hours, 80 people studied modern management techniques at management training courses, spending a total 1,600 - hopefully useful - hours far from the daily workplace and family. While the salaries/wages of employees of the Eger Tobacco Factory Ltd. are placed in the first quartile among similar sized multinational companies in Hungary, social and welfare benefits
