NEW YORK —Philip Morris International (PMI) is halting its operations in Ukraine, including at its factory in the eastern city Kharkiv, amid Russia’s attack on the country.
“The safety and security of our colleagues and their families is our primary concern, and we have therefore temporarily suspended our operations in Ukraine,” said PMI CEO Jacek Olczak. “Our employees are advised to stay at home or in any safe place and follow instructions from local authorities. We will continue to monitor the situation closely.”
Ukraine accounted for about 2% of PMI’s total cigarette and heated tobacco unit shipment volume in 2021, and less than 2% of PMI’s total net revenues, the tobacco company said.
It has one factory with more than 1,300 employees in the country and has contingency plans in place to restart the supply of products once safe conditions allow, PMI said.
PMI, New York, sells tobacco products in more than 180 markets, according to its website. Its top brands include Marlboro, Parliament, Virginia Slims, IQOS and more.
Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.