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Philip Morris

Philip Morris to Invest €300 Mln for Smokeless Product in Greece

Philip Morris, maker of Marlboro cigarettes, is to invest 300 million euros in its Greek unit Papastratos to make the smokeless IQOS product, Reuters says. IQOS is a device that heats real tobacco refills to produce tobacco-flavored vapor instead of...

Philip Morris Warehouse For Agrinio

Greece’s Prime Minister Antonis Samaras will meet with the President and Managing Consultant of the tobacco company Papastratos, Nikos Theofilopoulos, to talk about plans for a new central warehouse for all of Europe, to be built in the western...

Philip Morris Will Operate in Greece

Global tobacco giant Philip Morris International has reportedly transferred some of its production from other plants in Europe to the unit of its Greek subsidiary Papastratos at Aspropyrgos, western Attica. The newspaper Kathimerini reported that the Chairman and CEO of...