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PM Grindeanu welcomed, at the Victoria Palace, representatives of the Philip Morris International company

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Prime Minister Sorin Grindeanu welcomed on Monday at the Victoria Palace, representatives of the Philip Morris International (PMI) company. The head of the Executive hailed within the meeting the investments that ensure jobs, paid on a level as close as possible to the European one. 

According to a release of the Gov't, Sorin Grindeanu met with the Managing Director for Greece, Romania, Bulgaria, Cyprus and Malta, Christos Harpantidis, and with Managing Director for Romania Branislav Bibic. 

"The representatives of the company producing cigarettes presented the project of a significant investment for the local market, meant to contribute to the development of the institutional environment in our country. Romania is the third market elected by Philip Morris International to start this pilot-project, the company's representatives appreciating the warm investments' climate of our country, especially in the research and innovation sphere," the release mentions. 

According to the quoted source, Grindeanu hailed the decision of the US group and stated that Romania will continue the efforts to ensure an investment climate as attractive as possible for the business environment, through maintaining a predictable legal framework. 

"We hail the investments that ensure new jobs, paid on a level as close as possible to the European one. The competitive labour force of Romania must be appreciated and paid accordingly," the head of the Executive underscored. 

The meeting was attended by Chairman of the National Agency for Fiscal Administration (ANAF) Bogdan Stanescu, Deputy-Chairman of the ANAF Marius Florea and State Adviser Marius Nica. 

In 1993 the US company Philip Morris entered Romania's market and in 2001 it started the production at the cigarettes factory in Otopeni, Ilfov county. PMI is present in Romania through two legal entities: Philip Morris Trading (the distribution platform) and Philip Morris Romania (the cigarette factory), the release mentions.

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