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.

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
6939
Assets(RF), mln.USD
3730
Capital(RF), mln.USD
1710
Glob.Revenue, mln.USD
35174
Plants
3
Staff(RF), 2021
3412
Taxes(RF), mln.USD
4756

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.

The Company Statement
August 24, 2023

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.

March 29, 2024Why does the government give tax preferences to the sponsor of war and what to do about it?
March 19, 2024War sponsor Philip Morris still operates in Ukraine and receives benefits - media
October 20, 2023Philip Morris snubs Russia sale despite wider exodus
October 02, 2023Companies from the USA are the most in the ranking of foreign businesses in Russia
September 05, 2023Nestle and Philip Morris named candidates for nationalization in Russia
August 24, 2023NACP included Philip Morris International and Japan Tobacco International in the list of international sponsors of the war
July 13, 2023Interview | 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, 2023Philip Morris talked about the difficulties of exiting the Russian market
February 22, 2023Tobacco 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, 2023For Fear or Money, Consumer Giants Are Staying in Russia - Bloomberg
February 06, 2023Letter sent by B4Ukraine to the company (no response provided)
June 22, 2022Philip Morris has been unable to find a buyer for its assets in Russia for three months
June 21, 2022Companies Find Leaving Russia Difficult, Though Many Are Trying - WSJ
March 09, 2022Philip Morris International Inc. (PMI) Suspends Investment and Activates Plans to Scale Down Manufacturing Operations in the Russian Federation
March 09, 2022Philip Morris suspends investments in Russia, scales back manufacturing
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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