Tag: philip morris

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Philip Morris to close Dutch cigarette factory

Philip Morris to close Dutch cigarette factory

| April 7, 2014

Philip Morris International will shut down its manufacturing facility in Bergen op Zoom, the Netherlands, in response do declining demand for cigarettes in Europe. The closure of the plant in Bergen op Zoom, PMI’s largest production facility worldwide, would result in 1,230 job losses, about 90 percent of its total workforce there. Production will shift […]

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Philip Morris embraces e-cigarettes

Philip Morris embraces e-cigarettes

| June 11, 2013

Philip Morris USA will launch an e-cigarette under the MarkTen brand in Indiana in August, reports The Wall Street Journal. MarkTen is a disposable e-cigarette but can be reused by buying a separate battery recharging kit and additional cartridges. Made in China by a contact manufacturer, the e-cigarette is expected to sell for about $9.50. […]

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PMI to webcast symposium presentation

PMI to webcast symposium presentation

| May 9, 2013

Philip Morris International is due to host a live audio webcast at www.pmi.com/webcasts of its remarks and question-and-answer session by CFO Jacek Olczak at the Goldman Sachs Consumer Products Symposium on May 14, starting about 9:05 a.m. Eastern Time. The webcast, which will be in listen-only mode, will provide live audio of the entire PMI session. An […]

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Riley to replace Nelson as head of Philip Morris Fortune Tobacco

Riley to replace Nelson as head of Philip Morris Fortune Tobacco

| April 26, 2013

Cigarette maker Philip Morris Fortune Tobacco Corp. will have a new president starting  May 1, taking the reins from Chris Nelson who is retiring effective on the same date. In an emailed statement, the company said Nelson will be succeeded by Paul Riley, another company veteran, as PMFTC president. “Chris has long expressed his desire to retire […]

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Inconvenience: Philip Morris report says plain packaging could cost 30,000 jobs

Inconvenience: Philip Morris report says plain packaging could cost 30,000 jobs

| April 9, 2013

Thousands of jobs could be lost if plain packaging for cigarettes and tobacco products is introduced, according to a story in the South Wales Evening Post, citing a report released and commissioned by Philip Morris Ltd. The report suggests up to 30,000 of the 182,300 jobs in Britain’s small, independent retailers are at risk and concludes tobacco […]

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Calantzopoulos new CEO of PMI

Calantzopoulos new CEO of PMI

| March 13, 2013

André Calantzopoulos has been appointed CEO of Philip Morris International. Calantzopoulos has served as PMI’s chief operating officer since the company’s spin-off in March 2008. Louis Camilleri, PMI’s previous CEO, will remain as chairman of the board and as an employee of the company. Since the spin-off, Camilleri and Calantzopoulos have worked closely together in their respective […]

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