House Of Prince
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House Of Prince
House of Prince A/S, is a Danish cigarette manufacturer. As Denmark's only cigarette manufacturer,The Group
on company website (archived, 24 Nov 2005)
it was an independent of Scandinavian Tobacco Company until its sale to in 2008. In 2005, House of Prince posted sales of DKK 12.66 billion ($2.15 billion).


History

The history of House of Prince dates to 1990 during reco ...
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Prince (cigarette)
Prince is a Danish brand of cigarettes, owned by multinational British American Tobacco, and produced by House of Prince, which until 2008 was a subsidiary of the Scandinavian Tobacco Company. History Prince was introduced in 1957 on the Danish market by Chr. Augustine's Fabrikker as a 'counterpart' to the first filter cigarette in this country, ''"All-Over"'', as R. Færch's Factories released four years earlier. For decades, Prince was an unquestioned market leader, but in recent years the position has been challenged by the cheap brands like ''"LA"'', which have taken significant market shares. In 2002 Prince saw 48.1% of the Danish cigarette market, while it accounted for only 26.7% of sales five years later. Right from the beginning, Prince marketed under the slogan ''"Jeg er også gået over til Prince"'' (''"I have also gone over to Prince"''). First, the models were anonymous, but already from the 1960s there were known faces that contributed. In the 1990s, there was, a ...
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Prince (cigarettes)
Prince is a Danish brand of cigarettes, owned by multinational British American Tobacco, and produced by House of Prince, which until 2008 was a subsidiary of the Scandinavian Tobacco Company. History Prince was introduced in 1957 on the Danish market by Chr. Augustine's Fabrikker as a 'counterpart' to the first filter cigarette in this country, ''"All-Over"'', as R. Færch's Factories released four years earlier. For decades, Prince was an unquestioned market leader, but in recent years the position has been challenged by the cheap brands like ''"LA"'', which have taken significant market shares. In 2002 Prince saw 48.1% of the Danish cigarette market, while it accounted for only 26.7% of sales five years later. Right from the beginning, Prince marketed under the slogan ''"Jeg er også gået over til Prince"'' (''"I have also gone over to Prince"''). First, the models were anonymous, but already from the 1960s there were known faces that contributed. In the 1990s, there was, a ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Tobacco Companies Of Denmark
Tobacco is the common name of several plants in the genus ''Nicotiana'' of the family Solanaceae, and the general term for any product prepared from the cured leaves of these plants. More than 70 species of tobacco are known, but the chief commercial crop is ''N. tabacum''. The more potent variant ''N. rustica'' is also used in some countries. Dried tobacco leaves are mainly used for smoking in cigarettes and cigars, as well as pipes and shishas. They can also be consumed as snuff, chewing tobacco, dipping tobacco, and snus. Tobacco contains the highly addictive stimulant alkaloid nicotine as well as harmala alkaloids. Tobacco use is a cause or risk factor for many deadly diseases, especially those affecting the heart, liver, and lungs, as well as many cancers. In 2008, the World Health Organization named tobacco use as the world's single greatest preventable cause of death. Etymology The English word ''tobacco'' originates from the Spanish word "tabaco". The precis ...
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Walet
A crown prince or hereditary prince is the heir apparent to the throne in a royal or imperial monarchy. The female form of the title is crown princess, which may refer either to an heiress apparent or, especially in earlier times, to the wife of the person styled crown prince. ''Crown prince'' as a descriptive term has been used throughout history for the prince who is first-in-line to a throne and is expected to succeed (i.e. the heir apparent), barring any unforeseen future event preventing this. In certain monarchies, a more specific substantive title may be accorded and become associated with the position of ''heir apparent'' (e.g. Prince of Wales in the United Kingdom or Prince of Asturias in the Spain, Kingdom of Spain). In these monarchies, the term crown prince may be used less often than the substantive title (or never). Until the late twentieth century, no modern monarchy adopted a system whereby females would be guaranteed to succeed to the throne (i.e. absolute pr ...
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King's (cigarettes)
(or King's Favourites) is a Danish brand of cigarettes owned by conglomerate British American Tobacco, and produced by House of Prince. Overview In 2003, the brand got an official trademark registration. The brand is mainly sold in Denmark, but also was or is sold in Greenland, Norway and Germany. Variants of the King's brand * Original has no filter (70 mm) and is made of a blended tobacco mixture in which Virginia tobaccos dominate. Tar 10 mg, nicotine 0.8 mg and carbon monoxide 6 mg. * Quest's Filter contains a typical American blend tobacco mixture (84 mm). The strength equals that of a full flavour filter cigarette. King's Filter was launched in 1995 at the same time as King's Filter Sand. Tar 10 mg, nicotine 0.9 mg and carbon monoxide 10 mg. * Sand contains a typical American blend tobacco mixture (84 mm). King's Sand was launched in 1995 at the same time as King's Filter. Tar 8 mg, nicotine 0.7 mg and carbon monoxide ...
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Norway
Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of Norway. Bouvet Island, located in the Subantarctic, is a dependency of Norway; it also lays claims to the Antarctic territories of Peter I Island and Queen Maud Land. The capital and largest city in Norway is Oslo. Norway has a total area of and had a population of 5,425,270 in January 2022. The country shares a long eastern border with Sweden at a length of . It is bordered by Finland and Russia to the northeast and the Skagerrak strait to the south, on the other side of which are Denmark and the United Kingdom. Norway has an extensive coastline, facing the North Atlantic Ocean and the Barents Sea. The maritime influence dominates Norway's climate, with mild lowland temperatures on the se ...
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Market Share
Market share is the percentage of the total revenue or sales in a market that a company's business makes up. For example, if there are 50,000 units sold per year in a given industry, a company whose sales were 5,000 of those units would have a 10percent share in that market. "Marketers need to be able to translate and incorporate sales targets into market share because this will demonstrate whether forecasts are to be attained by growing with the market or by capturing share from competitors. The latter will almost always be more difficult to achieve. Market share is closely monitored for signs of change in the competitive landscape, and it frequently drives strategic or tactical action."Farris, Paul W.; Neil T. Bendle; Phillip E. Pfeifer; David J. Reibstein (2010). ''Marketing Metrics: The Definitive Guide to Measuring Marketing Performance.'' Upper Saddle River, New Jersey: Pearson Education, Inc. . The Marketing Accountability Standards Board (MASB) endorses the definitions, ...
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Tobacco Industry
The tobacco industry comprises those persons and companies who are engaged in the growth, preparation for sale, shipment, advertisement, and distribution of tobacco and tobacco-related products. It is a global industry; tobacco can grow in any warm, moist environment, which means it can be farmed on all continents except Antarctica. According to the WHO Framework Convention on Tobacco Control, the "tobacco industry" encompasses tobacco manufacturers, wholesale distributors and importers of tobacco products. This evidence-based treaty expects its 181 ratified member states to implement public health policies with respect to tobacco control "to protect present and future generations from the devastating health, social, environmental and economic consequences of tobacco consumption and exposure to tobacco smoke." Tobacco, one of the most widely used addictive substances in the world, is a plant native to the Americas and historically one of the most important crops grown by Ameri ...
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Scandinavian Tobacco Company
Scandinavian Tobacco Group is a manufacturer of cigars and traditional pipe tobacco. The city company is headquartered in Copenhagen, Denmark, and is a publicly listed Company on NASDAQ Copenhagen. History The company can trace its origin back a couple of hundred years while the basis for the modern company dates back was founded in 1961 as Skandinavisk Tobakskompagni A/S by a merger of the tobacco activities of the Danish companies Chr. Augustine Fabrikker, C.W. Obel and R. Færch's Factories. A reconstruction of the company in 1990 put all cigarette manufacturing in the subsidiary company House of Prince A/S and all cigar manufacturing in Nobel Cigars A/S. In February 2008, the cigarette and snus operations of the company were acquired by British American Tobacco. The company retained its cigar, pipe tobacco, fine-cut tobacco businesses. In December 2008, the company's name changed to Scandinavian Tobacco Group AB. On 26 April 2010, an agreement was signed to form a new co ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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