Recently, Sergey Slipchenko, Vice President of Corporate Affairs at PMI, announced that 92% of the company's raw materials for tobacco products in Russia are now sourced from Asia. This has been achieved through the transfer of raw materials to PMI's subsidiary in Russia.
Image courtesy of nicalliance.org.
In the past, the tobacco raw materials were mainly sourced from Europe. However, according to the speaker, they have restructured their supply chain and now purchase over 92% of their products from Asian countries. This has helped to ensure smooth production in the Russian Federation, enabling their products to be delivered to the market on time. Despite the use of air transportation, the cost has nearly tripled.
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