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…
Philip Morris invests in Serbia
Philip Morris International plans to invest €100 million ($111.4 million) in Serbia, SeeNews reports, citing President Aleksandar Vucic. “Such foreign investments are crucial for the development of the economy and…
Philip Morris International in the TOP-3 foreign companies by revenue operating in Russia – Forbes
Tobacco giant Philip Morris International has been among the leaders in terms of revenue among foreign companies operating in the aggressor country for another year in a row. This year,…