Eastern Co SAE - Company Profile
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Eastern Co SAE (EC), a subsidiary of Chemical Industries Holding Co, is a manufacturer of tobacco products. The company’s product portfolio includes cigars, cigarettes, molasses tobacco (Moassel) and pipe tobacco, and related products such as filter rods of cigarettes and homogenized tobacco. The company also carries out other businesses such as investment, financial, industrial, commercial, agricultural, and servicing. EC’s business also includes acquisitions and construction of real estate properties. It purchases and subdivides plots for use, sale or lease purposes. The company sells its products in the domestic market and exports to Africa, Europe, Asia and the Americas. EC is headquartered in Giza, Egypt.
Eastern Co SAE premium industry data and analytics
Products and Services
Products | Brands |
---|---|
Cigarettes | Captin |
Cigars | Corona |
Moassel | Cleopatra |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Stake Sale | In September, the company sold its 30% stake to Global Investment Holding. |
2023 | Others | In August, the company received a takeover offer from Philip Morris, JTI. |
2022 | Contracts/Agreements | In September, the company signed a new agreement with striking workers. |
Competitor Comparison
Key Parameters | Eastern Co SAE | Imperial Brands Plc | Philip Morris International Inc | Japan Tobacco Inc | Al Saidy Tobacco |
---|---|---|---|---|---|
Headquarters | Egypt | United Kingdom | United States of America | Japan | Egypt |
City | Giza | Bristol | Stamford | Minato-Ku | - |
State/Province | Giza | England | Connecticut | Tokyo | - |
No. of Employees | 16,643 | 25,200 | 82,700 | 52,640 | - |
Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Tamer Gad Allah | Chairman | Non Executive Board | 2018 | - |
Hany Aman | Chief Executive Officer; Director; Managing Director | Executive Board | - | - |
Neveen Ali | Head - Financial Sector | Senior Management | - | - |
Muhammad Gamal Muharram | Director | Non Executive Board | - | - |
Hebatallah Abourabia | Director | Non Executive Board | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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