PMI’s strong footprint in Greece in exports

The absorption of Philip Morris International called connected European leaders to lend to the due regulatory model to pull concern during the presumption of a study connected the economical footprint of PMI successful the European system successful the play 2019-2023.

As the multinational tobacco manufacture pointed out, “the EU indispensable follow a consciousness of urgency for the aboriginal and accelerate innovation and empower quality resources” and arsenic caller regulations are being formulated, it calls connected “EU institutions to cooperate constructively with companies that put successful probe and development.”

Greece stands retired among the countries successful Europe where Philip Morris International’s economical footprint has been recorded. PMI’s heated tobacco merchandise exports exceeded 400 cardinal euros successful value, and arsenic the institution emphasized, they exceeded 50% of the value of Greek feta food exports, which was 735 cardinal euros.

Greece is besides among the 4 countries with the largest PMI expenditures connected the tobacco leafage market, which amounted to 125.5 cardinal euros, 2nd lone to Italy, followed by Poland and Spain.

In addition, successful Greece, PMI has offered 111 internship positions from 2019 to 2023. At the aforesaid time, it trained a total of 1,585 employees extracurricular PMI, for a total concern of 408.2 thousand euros.

New signifier of expansion

The improvement program of Papastratos, a subsidiary of PMI successful Greece, includes the caller signifier of enlargement of the mill successful Aspropyrgos, which is the 4th since its archetypal transformation successful 2017. It concerns the operation of a caller accumulation enactment building, a caller modern warehouse and the installation of 4 caller heated tobacco rod accumulation lines and a tobacco processing line. The caller concern will person a total value of 200 cardinal euros.

According to the company, this investment, which will beryllium accompanied by an summation successful accumulation capacity, thanks to modern instrumentality and continuous concern successful quality resources, will springiness further impetus to the company’s extroversion and exports, which are a strategic extremity of Papastratos. This is an concern that creates a strong extortion nett amid accelerated planetary changes. The company’s extremity with the caller investments is to summation exports from 400 cardinal euros to 600 cardinal euros successful the coming years.