Philip Morris International covers over 25% of Armenia’s cigarette market
31.07.2007,
04:16
The Philip Morris International Company covers over 25% of Armenia’s cigarette market, Olaf Colditz, Production Director, Philip Morris Ukraine CJSC, told reporters during Armenian journalists.
YEREVAN, July 30. /ARKA/. The Philip Morris International Company covers over 25% of Armenia’s cigarette market, Olaf Colditz, Production Director, Philip Morris Ukraine CJSC, told reporters during Armenian journalists’ visit to the company’s factory in Kharkov, Ukraine.
According to the results of monitoring conducted in March-April 2007 the share of Philip Morris International on Armenia’s market was 26.4%. The volume of Armenia’s markets is about 5bln cigarettes.
Colditz pointed out that PMI products are a success in Armenia. He added that the company is seriously concerned with developing its activities in Armenia.
Colditz reported that the PMI supplies nine cigarette brands to Armenia - Marlboro, Parliament, Virginia Slims, Chesterfield, L&M, Assos, Bond Street, Red &White, Next, which are produced at the Philip Morris Ukraine in Kharkov. He pointed out that the factory was opened in 2006 and its annual capacity is 40bln cigarettes.
The PMI Company invested $100mln in the construction and operation of the factory in Kharkov. A total of 1,300 people are employed at the factory, with 600 of them being immediately involved cigarette production, Colditz said. He also pointed out that 63 disabled people are working at the factory.
The Philip Morris Ukraine Company is a daughter company of the Philip Morris International, which, along with Philip Morris USA, Philip Morris Capital Corporation, forms part of the US Altria Group, Inc. The net annual profit of Altria Group, Inc exceeds $97.9bln.
The annual output of Philip Morris International is about 805bln cigarettes, and its net annual profit is $45bln. The company currently has over 50 cigarette factories employing over 80,000 people. P.T. –0--
According to the results of monitoring conducted in March-April 2007 the share of Philip Morris International on Armenia’s market was 26.4%. The volume of Armenia’s markets is about 5bln cigarettes.
Colditz pointed out that PMI products are a success in Armenia. He added that the company is seriously concerned with developing its activities in Armenia.
Colditz reported that the PMI supplies nine cigarette brands to Armenia - Marlboro, Parliament, Virginia Slims, Chesterfield, L&M, Assos, Bond Street, Red &White, Next, which are produced at the Philip Morris Ukraine in Kharkov. He pointed out that the factory was opened in 2006 and its annual capacity is 40bln cigarettes.
The PMI Company invested $100mln in the construction and operation of the factory in Kharkov. A total of 1,300 people are employed at the factory, with 600 of them being immediately involved cigarette production, Colditz said. He also pointed out that 63 disabled people are working at the factory.
The Philip Morris Ukraine Company is a daughter company of the Philip Morris International, which, along with Philip Morris USA, Philip Morris Capital Corporation, forms part of the US Altria Group, Inc. The net annual profit of Altria Group, Inc exceeds $97.9bln.
The annual output of Philip Morris International is about 805bln cigarettes, and its net annual profit is $45bln. The company currently has over 50 cigarette factories employing over 80,000 people. P.T. –0--
