For faster navigation, this Iframe is preloading the Wikiwand page for Ottoman Tobacco Company.

Ottoman Tobacco Company

The Ottoman Tobacco Company, (Memalik-i Şahane Duhanları Müşterekül Menfaa Reji Şirketi) also known as the Régie Company for its French official name Société de la régie co-intéressée des tabacs de l'empire Ottoman, was a parastatal company or Regie formed in the later Ottoman Empire by the Ottoman Public Debt Administration, with backing from a consortium of European banks. The company had a monopoly over tobacco production, and its revenue was intended to help overcome the Ottoman state's persistent shortage of income.[1] The Ottoman Tobacco Company constituted the largest foreign investment in the Ottoman Empire, and it attempted to introduce more efficient production methods – against local resistance.[2]

In 1881, the state monopoly on salt was incorporated into the Régie Company, which passed revenue from salt taxes (tuz resmi) to the Public Debt Commission.[3] As the state (or a parallel state controlled by the government's creditors) now effectively controlled salt production and salt prices, salt smuggling became a problem.[4] In 1884, the Ottoman government instituted a tobacco monopoly and delegated it to a partly foreign company, the “Regie co-intréressée des tabacs de l’Empire ottoman”,[5] which relied on a consortium of European banks and on the Imperial Ottoman Bank, also listed in London and Paris. Founded in 1863, the latter[6] brought together French shareholders supplementing initial contributions of British funds in 1856. Both had offices in Paris, Place de la Bourse.

Under the Republic of Turkey, the Ottoman Tobacco Company was nationalised in 1925 and became Tekel, which was sold to British American Tobacco in 2008.

There are successor companies in other Ottoman successor states. To this day, the state-run tobacco monopolies in Lebanon and Syria are known as Régie.[7]

See also


  1. ^ The Political Economy of Ottoman Public Debt. Tauris Academic Studies. 2010. ISBN 978-1-84885-298-3.
  2. ^ "Book reviews". The Economic History Review. 2011-01-04. doi:10.1111/j.1468-0289.2010.00567_18.x. ((cite journal)): Cite journal requires |journal= (help)
  3. ^ Shaw, Stanford (October 1975). "The Nineteenth-Century Ottoman Tax Reforms and Revenue System" (PDF). International Journal of Middle East Studies. 6 (4): 421–459. doi:10.1017/s0020743800025368. JSTOR 162752. S2CID 154351228. Archived from the original (PDF) on 2020-02-19.
  4. ^ Narin, Resül (2009). "Düyûn-ı Umûmiye İdaresi ve Adapazarı". Karadeniz Araştırmaları. 6 (21): 49–59.
  5. ^ Moussakova, Svetla (2012-06-01). NOUVEAUX VISAGES DE LA FRANCOPHONIE EN EUROPE (in French). Academia. ISBN 978-2-296-49659-0.
  7. ^ "The Economics of Tobacco in Lebanon: An Estimation of the Social Costs of Tobacco Consumption" (PDF). 2011-05-23. Retrieved 2011-07-24.
{{bottomLinkPreText}} {{bottomLinkText}}
Ottoman Tobacco Company
Listen to this article

This browser is not supported by Wikiwand :(
Wikiwand requires a browser with modern capabilities in order to provide you with the best reading experience.
Please download and use one of the following browsers:

This article was just edited, click to reload
This article has been deleted on Wikipedia (Why?)

Back to homepage

Please click Add in the dialog above
Please click Allow in the top-left corner,
then click Install Now in the dialog
Please click Open in the download dialog,
then click Install
Please click the "Downloads" icon in the Safari toolbar, open the first download in the list,
then click Install

Install Wikiwand

Install on Chrome Install on Firefox
Don't forget to rate us

Tell your friends about Wikiwand!

Gmail Facebook Twitter Link

Enjoying Wikiwand?

Tell your friends and spread the love:
Share on Gmail Share on Facebook Share on Twitter Share on Buffer

Our magic isn't perfect

You can help our automatic cover photo selection by reporting an unsuitable photo.

This photo is visually disturbing This photo is not a good choice

Thank you for helping!

Your input will affect cover photo selection, along with input from other users.


Get ready for Wikiwand 2.0 🎉! the new version arrives on September 1st! Don't want to wait?