Philip Morris Reaches Agreement to Continue Cigarette Production in Ukraine

Aug.04.2022
Philip Morris Reaches Agreement to Continue Cigarette Production in Ukraine
Fimo International will start producing cigarettes at the Imperial Tobacco factory in Kiev, allowing Philip Morris to maintain supply to clients.

According to reports from Ukraine's international news agency, Fimo International has reached an agreement with Imperial Tobacco to begin cigarette production at Imperial Tobacco's factory in Kiev this month.


This arrangement permits Philip Morris to continue supplying cigarettes to customers. Production at its Kharkiv factory had been suspended since the start of the Russia-Ukraine conflict, resulting in some cigarettes remaining unused due to difficulties with exporting.


Maksym Barabash, the Managing Director of Philip Morris International Ukraine, stated that since the onset of the conflict, they have been looking for alternative solutions to ensure the supply of their products. Barabash expressed delight in finding a mutually beneficial solution whereby Imperial Tobacco will produce products according to PMI's high-quality standards. This is a temporary measure for PMI, and they hope to resume production at their Kharkiv plant once worker safety is guaranteed.


Head of Ukraine's Imperial Tobacco Commission, Halyna Vorobyova, stated that "Kyiv's Imperial Tobacco factory has tremendous production potential and a strong professional team, which can ensure the production of more products." She added that "since the start of the war, our company has been unable to make export deliveries; therefore, the agreement with Philip Morris will allow us to utilize our production capacity.


Before the war, Philip Morris employed approximately 1,300 people. Its factory in Kharkov exports cigarettes to over 20 countries, including major markets like Japan and Egypt.


Statement:


This article is compiled from third-party information and is intended for industry communication and learning purposes only.


This article does not represent the views of 2FIRSTS, and 2FIRSTS cannot confirm the authenticity or accuracy of its contents. The article's translation is intended solely for industry exchange and research purposes.


Due to limitations in translation ability, the compiled article may not accurately represent the original text. Please refer to the original text for accuracy.


For any domestic, Hong Kong, Macau, Taiwan or foreign-related statements and positions, 2FIRSTS maintains complete alignment with the Chinese government.


The copyright for compiled information belongs to the original media and author. If there is any infringement, please contact us for removal.


This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

Yinghe Technology's E-Cigarette Business Empowered by Shanghai Electric
Yinghe Technology's E-Cigarette Business Empowered by Shanghai Electric
Investors inquire about Yinghe Technology's e-cigarette business on interactive platform, controlling shareholder Shanghai Electric provides support in various aspects.
Business
Apr.12 by 2FIRSTS.ai
China's E-cigarette Export Data for August 2023
China's E-cigarette Export Data for August 2023
China's e-cigarette exports in August 2023 decreased by 5.29% compared to the previous month, according to new trade data.
Market
Sep.22 by 2FIRSTS.ai
China's E-cigarette Export Data for Germany, December 2023
China's E-cigarette Export Data for Germany, December 2023
China's e-cigarette exports to Germany in December 2023 reached approximately $55.35 million, with a 22.22% month-on-month increase but a 19.87% year-on-year decrease.
Industry Insight
Jan.30 by 2FIRSTS Mincy
Italian University Study Confirms E-Cigarettes' Effectiveness for Smoking Cessation
Italian University Study Confirms E-Cigarettes' Effectiveness for Smoking Cessation
A recent evaluation by a research team from an Italian university shows that e-cigarettes are more effective than other methods in helping people quit smoking. The study notes that, although the long-term success rate of e-cigarettes is only 10%-12%, their potential warrants further research and integration into public health policies.
Dec.05 by
E-cigarette Exports from China to Belgium, November 2023
E-cigarette Exports from China to Belgium, November 2023
China's e-cigarette exports to Belgium in November 2023 saw a 24.19% decrease in value, 28.11% decrease in volume, and 5.46% increase in unit price.
Industry Insight
Jan.16 by Mincy
China's E-cigarette Export Figures for May 2023
China's E-cigarette Export Figures for May 2023
China's e-cigarette export value in May 2023 was 6.94 billion yuan, down 2.4% from the previous month.
Market
Jun.21 by 2FIRSTS.ai