British American Tobacco Ukraine is investing UAH 123 million in the capital construction of new production facilities in JSC Tobacco Company B.A.T-Pryluky (Chernihiv region) during 2017-2018. The project envisages the expansion of the tobacco and cigarette shops at the enterprise, the company said in a press release on Thursday. This will allow the company to install additional lines in the coming months that will produce tobacco for exports. "Today we are exporting the products made in Ukraine to Belarus, Armenia, Georgia, Moldova, Azerbaijan, and Singapore. We are actively looking into the opportunities we've got when Ukraine concludes free trade agreements with other countries. I am sure the huge export potential of our Ukrainian factory, which is one of the most modern production facilities of the British American Tobacco group in the world, will soon significantly boost volumes and expand the geography of product shipments," the press service quoted Director for Production for Ukraine, the Caucasus and Central Asia, Moldova and Belarus (UCCAB) Artem Skrypka. As reported, JSC Tobacco Company B.A.T-Pryluky in 2016 increased net loss by 1.8 times from 2015, to UAH 2.342 billion. Net income from sales increased by 26.3% to UAH 5.215 billion, gross income amounted to UAH 917.8 million against UAH 635.8 million in gross profit in 2015. JSC Tobacco Company B.A.T-Pryluky was founded in 1993 on the basis of a tobacco factory in the town of Pryluky. It exports products to Belarus, Armenia, Georgia, Moldova, Azerbaijan, and Singapore. The company is part of the British American Tobacco Group (BAT), the leading international tobacco company. The total investment in the modernization of the tobacco factory and its development is about $ 200 million.