Regie Company

The Régie Company (French: la Société de la régie co-intéressée des tabacs de l'empire Ottoman) was a parastatal company 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. Revenue from the Regie Company was supposed to help overcome the Ottoman state's persistent shortage of income. The Regie Company constituted the largest foreign investment in the Ottoman Empire, and it attempted to introduce more efficient production methods - against local resistance.

Regie Company

The Régie Company (French: la Société de la régie co-intéressée des tabacs de l'empire Ottoman) was a parastatal company 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. Revenue from the Regie Company was supposed to help overcome the Ottoman state's persistent shortage of income. The Regie Company constituted the largest foreign investment in the Ottoman Empire, and it attempted to introduce more efficient production methods - against local resistance.