"BAT Switzerland confirms that a final decision has been made to transfer cigarette production from Boncourt to larger factories within Europe and to close the Boncourt site," BAT said in a statement.

The winding down of the factory located in Switzerland's french-speaking region will be completed by the end of 2023, the company said.

(Reporting by Noele Illien; Editing by Michael Shields and David Goodman)