Philip Morris invests USD 100 mln in IQOS plant north of Bucharest

Cigarette maker Philip Morris International (PMI), with brands such as Marlboro and IQOS tobacco heater, will invest another USD 100 mln in the plant it operates north of Bucharest at Otopeni, in 2022-2023.   The company's decision comes in the context of a change in global strategy that provides that, by 2025, more than 50% of Philip Morris International's revenues will be generated by "smoke-free" ...

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