Phillip Morris to pay $1.2 million to settle investigation into violation of flavored tobacco ban
Tobacco giant Philip Morris International (PM.N), a subsidiary of Swedish Match North America (SMNA), will pay US$1.2 million to settle a probe into violations of a flavored tobacco ban in…
The EU failed to approve the 15th package of sanctions against Russia due to the position of two countries
Reuters reports, without specifying which countries did not support the sanctions. The two countries blocked the adoption of the package due to disagreements over the extension of the time allotted…
Court orders to pay UAH 4.5 million fine to the Ukrainian budget for counterfeiting Philip Morris cigarettes
The Chernivtsi Regional Court sentenced three members of an organized criminal group who systematically exported counterfeit cigarettes abroad under the guise of empty gas carriers. The case involves more than…
Philip Morris builds a new shelter for UAH 60 million for workers at Lviv factory
Philip Morris is expanding its presence in western Ukraine and investing in worker safety. The company will allocate UAH 60 million to build a new protective shelter at its factory…
Technovation 2024: Jacek Olczak on smart solutions and the smokeless future of PMI
Philip Morris International (PMI) recently hosted its ninth Technovation event at Cube, its state-of-the-art research and development center in Neuchâtel, Switzerland. Celebrating “30 years of innovation, 10 years of progress,”…
“Philip Morris Ukraine is among the top taxpayers in 2023 and expands production
The Association of Taxpayers of Ukraine has recognized Philip Morris Ukraine’s significant contribution to the country’s economy by including the company in the list of the most conscientious taxpayers in…
Shares of Philip Morris International rose to record highs
Philip Morris International reported record revenue and profit and said that the shortage of Zyn nicotine pouches is decreasing, the WSJ reports. The shares rose 10.5%, the largest increase since…
Marlboro manufacturer sells innovative business
Philip Morris International, the owner of the Marlboro and L&M cigarette brands, has announced the sale of its British company. This would be nothing out of the ordinary, if not…
Philip Morris has invested $30 million in a new production facility in Ukraine
In May 2024, tobacco company Philip Morris International began operations at a new $30 million production facility in Lviv region in western Ukraine. The construction of the plant is one…
New IQOS ILUMA and Prime series launches in Romania
Philip Morris International is celebrating the 10th anniversary of IQOS, a decade in which the company has leveraged science, leading brands and commercial capabilities to offer better alternatives to smoking…