![savvidis-sells-off-tobacco-firm-sekap-to-jt](https://www.ekathimerini.com/wp-content/uploads/2021/01/sekap_web-320x200.jpg)
Japan Tobacco, the world’s second biggest multinational in the sector, is the new owner of Greek tobacco company SEKAP, after the $1.6 billion deal Russian-Greek entrepreneur Ivan Savvidis reached with the 33 percent state-owned Japanese firm for the sale of Donskoy Tabak, which bought SEKAP in 2013.