PHILIP MORRIS INTERNATIONAL INC.


Associated tags: Smoke, PMI, Tobacco industry, IQOS, Sale, Philip Morris International

Locations: SWITZERLAND, NEW YORK, MARYLAND, EUROPE, EUROPEAN UNION, ROMANIA, UKRAINE, NETHERLANDS, MOLDOVA, PORTUGAL, NORWAY, POLAND, FRANCE, GREECE, BELGIUM, DENMARK, GERMANY, UNITED STATES, NORTH AMERICA, CONNECTICUT, BRAZIL, MALAYSIA

New Study by KPMG Reveals Alarming Levels of Illicit Cigarettes in the EU, with France Accounting for Almost Half of the Consumption

Retrieved on: 
Wednesday, June 28, 2023

Countries such as Belgium, Denmark, France, and Germany are witnessing a growth in cigarette seizures and raids on clandestine manufacturing operations.

Key Points: 
  • Countries such as Belgium, Denmark, France, and Germany are witnessing a growth in cigarette seizures and raids on clandestine manufacturing operations.
  • Excluding France, overall illicit consumption in the remaining markets in the study declined by 7.5%, largely due to decreases in Greece, the Netherlands, Portugal, and Romania.
  • Particularly, in countries like Poland and Romania, illicit consumption reached the lowest-ever incidence since KPMG began publishing its annual studies.
  • The KPMG report estimates the size and scale of illicit cigarette consumption, known as counterfeit & contraband (C&C), which includes illicit whites.

Luna Global Networks Supports Private-Sector Campaign Against COVID-19 Fraudulent Goods

Retrieved on: 
Monday, July 13, 2020

WASHINGTON, July 13, 2020 /PRNewswire/ --Luna Global Networks today joined Philip Morris International Inc. (PMI) in launching a new two-month advertising campaign designed to raise awareness of the trade of fraudulent personal protective equipment and resources available to combat the trade ofthese goods.

Key Points: 
  • WASHINGTON, July 13, 2020 /PRNewswire/ --Luna Global Networks today joined Philip Morris International Inc. (PMI) in launching a new two-month advertising campaign designed to raise awareness of the trade of fraudulent personal protective equipment and resources available to combat the trade ofthese goods.
  • "We are proud to be partnering with PMI and other private industry brand protection leaders and long-time partners in fighting illicit trade," said David M. Luna, President & CEO, Luna Global Networks.
  • In fact, today's global illicit markets generate trillions of U.S. dollars every year for transnational criminal organizations, complicit corrupt facilitators, and other threat networks.
  • Luna Global Networks is an international security consultancy well-positioned to help clients tackle the most pressing illicit trade and governance challenges and related security threats globally.

Philip Morris International Inc. and Altria Group, Inc. End Merger Discussions

Retrieved on: 
Wednesday, September 25, 2019

Philip Morris International Inc. (PMI) (NYSE: PM) today announced that merger discussions with Altria Group, Inc. (Altria) (NYSE: MO) have ended.

Key Points: 
  • Philip Morris International Inc. (PMI) (NYSE: PM) today announced that merger discussions with Altria Group, Inc. (Altria) (NYSE: MO) have ended.
  • Global data, based on four years of use, show that IQOS is not significantly appealing to youth or to nonsmokers.
  • PMI is on track to meet its previously communicated international heated tobacco unit shipment volume target of 90-100 billion units by 2021.
  • About Philip Morris International Inc.
    Philip Morris International (PMI) is leading a transformation in the tobacco industry to create a smoke-free future and ultimately replace cigarettes with scientifically substantiated smoke-free products to the benefit of adults who would otherwise continue to smoke, society, the company and its shareholders.

Philip Morris International makes another step towards a smoke-free future through partnership with physician-founded start-up

Retrieved on: 
Tuesday, July 3, 2018

Parallax Development Corp. ("Parallax") and Philip Morris International ("PMI") will join forces to develop innovations in alternative nicotine-delivery platforms.

Key Points: 
  • Parallax Development Corp. ("Parallax") and Philip Morris International ("PMI") will join forces to develop innovations in alternative nicotine-delivery platforms.
  • LAUSANNE, Switzerland, July 3, 2018 /CNW/ -Philip Morris International Inc. (NYSE: PM) takes another step towards a smoke-free future through a strategic collaboration with Parallax, a Canadian-based start-up.
  • The agreement focuses on advancing the development and commercialization of an effective nicotine-delivery system that leverages the most advanced technologies in pulmonary medicine.
  • Noe Zamel and Arthur Slutsky, are Canadian leaders in pulmonary research and medicine, with global reputations and more than 750 peer-reviewed publications between them.