Although NJOY’s problems seem to have been largely about business failings; its demise issues a warning that some e-cig companies cannot meet the financial challenges posed by the FDA’s deeming regulations.
The launch in South Korea of a type of e-cigarette that is new to the local market is timely. The consumption of licit traditional tobacco cigarettes is bouncing back after falling in the wake of a massive price hike last year.
Following its acquisition by Hauni Maschinenbau in August 2013, Borgwaldt Group recognized the opportunities presented by the ever-evolving vapor industry. Before year’s end, the Borgwaldt Vapor Competence Center was born.