Tobacco Giants Sponsor War, Fuelling Aggressor's Economy

Aug.25.2023
Two leading tobacco companies, Philip Morris International and Japan Tobacco International, listed as sponsors of the war.

Two leading tobacco companies in the world, Philip Morris International and Japan Tobacco International, have been listed as sponsors of the war, according to the press service of the National Agency for the Prevention of Corruption (NAPC).

 

The companies are said to continue doing business in Russia and support the economy of the aggressor country by paying significant taxes to its budget.

 

Philip Morris International, which produces Marlboro, Parliament, Bond, Chesterfield, L&M, Next, and HEETS, held a market share of 30.1% in Russia in 2019.

 

Currently, the total investment volume of Philip Morris International in Russia exceeds $2 billion.

 

- According to the financial statements of Philip Morris International's Russian division, the company's revenue in the first year of Russia's full-scale invasion of Ukraine increased by 8% to 140.3 billion rubles, and net profit reached 48.2 billion rubles, which is 45% more than in 2021. Accordingly, a tax on profit was paid to the aggressor's budget in the amount of over $136 million, the agency reported.

 

The NAPC stated that at the beginning of the full-scale war, Philip Morris announced its intention to sell its Russian business, but all 'attempts' allegedly did not succeed, and the corporation remains one of the largest taxpayers to the Russian budget.

 

The second company, Japan Tobacco International (JTI), is an undisputed leader in the tobacco market in Russia (with a market share of about 34.9%).

 

On the Russian market, it is represented, among other things, by the brands Winston, LD, Mevius, Camel, and Sobranie.

 

- Over the past 20 years, JTI's investments in the Russian economy have exceeded $4.6 billion. The company's tax payments in 2020 provided 1.4% of the Russian federal budget's revenue. The company itself openly stated that the Russian market generated approximately $2 billion in 2022 for the JT group, or about 11% of its consolidated income for 2022, the NAPC reported.

 

Although JTI representatives claimed that JT Group had suspended new investments and marketing activities in Russia, the company still continues to produce and distribute its products in Russia.

 

If you have seen an error, please highlight the text fragment and press Ctrl+Enter.

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.

Bloomberg-Backed Campaign Wins as Denver Votes to Ban Flavored Nicotine
Bloomberg-Backed Campaign Wins as Denver Votes to Ban Flavored Nicotine
Denver voters have upheld the city’s ban on flavored nicotine products—including fruity vapes and menthol cigarettes—with 72% in favor during the Nov. 4 election. The “Yes on 310” campaign, backed by $5 million from Michael Bloomberg, celebrated the result as a major victory for youth health. Opponents, mostly local vape shop owners, warned of economic harm and called the spending imbalance unfair.
Nov.05 by 2FIRSTS.ai
Belarus Increases e-cigarette tax by 20% and Reinstates Tax on heated tobacco
Belarus Increases e-cigarette tax by 20% and Reinstates Tax on heated tobacco
Belarus government plans to raise tobacco tax by 12% and e-cigarette tax by 20%, aiming to regulate all smoking devices.
Oct.21 by 2FIRSTS.ai
iMiracle and VPR Reach Preliminary Settlement in ‘Elf’ Trademark Dispute, Potentially Ending Three-Year Legal Battle
iMiracle and VPR Reach Preliminary Settlement in ‘Elf’ Trademark Dispute, Potentially Ending Three-Year Legal Battle
According to Law360, VPR Brands and iMiracle have filed a joint notice in federal court in Florida stating that they have signed a settlement term sheet and plan to finalize a global settlement within 30 days that would resolve multiple lawsuits. The dispute, which began in 2022 and centers on the “Elf” trademark, has involved injunctions, counterclaims and a key ruling by the Federal Circuit overturning a lower court’s order.
Dec.11 by 2FIRSTS.ai
California Federal Judge Signals Likely Class Certification in Juul–Altria Antitrust Case
California Federal Judge Signals Likely Class Certification in Juul–Altria Antitrust Case
U.S. District Judge William Orrick of the Northern District of California indicated on Friday that he will likely certify classes of direct and indirect purchasers accusing e-cigarette makers Juul Labs Inc. and former rival Altria Group Inc. of conspiring to limit product variety and violate antitrust laws.
Oct.20 by 2FIRSTS.ai
Bulgaria to Increase Tobacco and Nicotine Product Taxes in 2026, Expected to Generate Additional Revenue of 130 Million Euros
Bulgaria to Increase Tobacco and Nicotine Product Taxes in 2026, Expected to Generate Additional Revenue of 130 Million Euros
Bulgaria will raise excise taxes on cigarettes, cigars, heated tobacco, and e-cigarette liquids starting January 2026. The increase, approved under the 2026 state budget, will be implemented gradually over four years. The Ministry of Finance expects the reform to generate about €130 million in additional revenue by 2026.
Nov.07 by 2FIRSTS.ai
Product | Up to 100,000 Puffs and Over 2,000 Puffs per ml: MASKKING, MR FOG, HYPERBAR Roll Out Ultra High-Puff New Devices
Product | Up to 100,000 Puffs and Over 2,000 Puffs per ml: MASKKING, MR FOG, HYPERBAR Roll Out Ultra High-Puff New Devices
In 2025, disposable vapes are shifting from a “puff count race” to a focus on user experience. While 30,000–50,000 puffs has become mainstream, brands like MASKKING, MR FOG, and HYPERBAR are still launching higher-capacity products in the 60,000–100,000 puff range. Models with disclosed tank sizes all exceed 2,000 puffs per mL and commonly feature adjustable wattage and enhanced interactive functions.
Nov.14 by 2FIRSTS.ai