British American Tobacco, the maker of Dunhill, Kent, Lucky Strike cigarettes has bought a 68% share in Serbian cigarette maker Duvanska Industrija Vranje for 87m euros.

Separately, Philip Morris the maker of Marlboro cigarettes has agreed to pay 518m euros for a 66% stake in Serbia’s largest tobacco factory by volume Duvanska Industrija Nis, which makes the Classic, Best and Dina cigarette brands.