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.
Main brands: Parliament, Marlboro, Chesterfield, EVE, L&M, Bond Street, Next/Dubliss, Optima, President, Philip Morris, IQOS, Parliament Heatsticks. Companies such as Nestle, Philip Morris International and similar Western corporations that continue to operate in Russia are the most likely potential targets for nationalization by the Russian authorities.
Discontinued a number of its cigarette products and reduced manufacturing activity. Suspended marketing activities in the country. The company was working on options to exit the Russian market in an orderly manner. Philip Morris planned to leave Russia by the end of 2022 but later admits it may never sell its Russian business. NACP included Philip Morris International in the list of international sponsors of the war.
|October 20, 2023||Philip Morris snubs Russia sale despite wider exodus|
|October 02, 2023||Companies from the USA are the most in the ranking of foreign businesses in Russia|
|September 05, 2023||Nestle and Philip Morris named candidates for nationalization in Russia|
|August 24, 2023||NACP included Philip Morris International and Japan Tobacco International in the list of international sponsors of the war|
|July 13, 2023||Interview | The head of Philip Morris in Ukraine about investments, illegals and not leaving the Russian Federation|
|March 16, 2023||"Domestic and foreign businesses that support the current course of Russia will receive benefits," - Daniil Egorov|
|February 23, 2023||Philip Morris talked about the difficulties of exiting the Russian market|
|February 22, 2023||Tobacco group Philip Morris admits it may never sell its Russian business|
|February 22, 2023||“There is no hope”: the owner of Marlboro announced a dead end in trying to sell a business in Russia|
|February 12, 2023||For Fear or Money, Consumer Giants Are Staying in Russia - Bloomberg|
|February 06, 2023||Letter sent by B4Ukraine to the company (no response provided)|
|June 22, 2022||Philip Morris has been unable to find a buyer for its assets in Russia for three months|
|June 21, 2022||Companies Find Leaving Russia Difficult, Though Many Are Trying - WSJ|
|March 09, 2022||Philip Morris International Inc. (PMI) Suspends Investment and Activates Plans to Scale Down Manufacturing Operations in the Russian Federation|