Reducing Activities: company scaling back some business operations while continuing others
Wait Scaling Back
Philip Morris International Inc. (PMI) is a Swiss-American multinational cigarette and tobacco manufacturing company, with products sold in over 180 countries. The most recognized and best selling product of the company is Marlboro. Philip Morris International is often referred to as one of the companies comprising Big Tobacco.
Reducing Activities: company scaling back some business operations while continuing others
Wait Scaling BackMain brands: Parliament, Marlboro, Chesterfield, EVE, L&M, Bond Street, Next/Dubliss, Optima, President, Philip Morris, IQOS, Parliament Heatsticks
Discontinued a number of its cigarette products and reduced manufacturing activity. Suspended marketing activities in the country. The company is working on options to exit the Russian market in an orderly manner. Philip Morris plans to leave Russia by the end of 2022