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March 24 (Reuters) - Marlboro maker Philip Morris International Inc is working on options to exit the Russian market, citing <br> <br> a complex and rapidly changing regulatory and operating environment in the <br> <br> country following its invasion of Ukraine.<br> <br> <br> <br> The company, which garnered around 6% its net revenue from Russia in 2021, <br> <br> said on Thursday it has discontinued sale of several cigarette products and canceled all product launches for the year in Russia.<br> <br> <br> <br> <br> <br> It has also canceled plans to make over 20 billion TEREA <br> <br> sticks, heated tobacco units intended for use with its IQOS <br> <br> ILUMA devices, as well as related investment of $150 million.<br> <br> <br> <br> Earlier this month, Philip Morris had suspended its planned investments and <br> <br> decided to scale down manufacturing operations in the country.<br> <br> <br> <br> <br> <br> Rival Imperial Brands too has started talks to transfer its Russian business to a local third party, joining BAT <br> <br> in exiting the sanction-hit country. (Reporting by Praveen Paramasivam in Bengaluru; Editing by Aditya Soni and Arun Koyyur)<br> <br> <br> <br> Feel free to surf to my site - <a href="https://texture-increase.unicornplatform.page/blog/chuue-iqos-klabaithy-withiikaaraelakhaenanam">ไอคอส</a>
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