Profile: Philip Morris International Inc (PM.N)
27 Jan 2015
Philip Morris International Inc., incorporated on January 4, 2007, is engaged in the manufacture and sale of cigarettes and other tobacco products in markets outside of the United States. The Company’s products are sold in 180 markets. The Company has a range of premium, mid-price and low-price brands locally and internationally. The Company’s brands are; Marlboro, Merit, Parliament, Virginia Slims, L&M, Chesterfield, Bond Street, Lark, Muratti, Next, Philip Morris and Red & White. The Company also owns brands, such as Sampoerna, Dji Sam Soe and U Mild in Indonesia, Fortune, Champion and Hope in the Philippines, Diana in Italy, Optima and Apollo-Soyuz in Russia, Morven Gold in Pakistan, Boston in Colombia, Belmont, Canadian Classics and Number 7 in Canada, Best and Classic in Serbia, f6 in Germany, Delicados in Mexico, Assos in Greece and Petra in the Czech Republic and Slovakia. The Company’s segments include: The European Union Region, The Eastern Europe, Middle East & Africa Region, The Asia Region and, The Latin America and Canada Region.
The European Union (EU) Region
It is headquartered in Lausanne, Switzerland and covers all the EU countries except for Slovenia, Bulgaria, Croatia and Romania, and also comprises Switzerland, Norway and Iceland, which are linked to the EU through trade agreements.
The Eastern Europe, Middle East and Africa (EEMA) Region
It is also headquartered in Lausanne and includes Eastern Europe, the Balkans (including Slovenia, Bulgaria, Croatia and Romania), Turkey, the Middle East and Africa andthe Company'sinternational duty free business.
The Asia Region
It is headquartered in Hong Kong and covers all other Asian markets as well as Australia, New Zealand and the Pacific Islands.
The Latin America and Canada Region
It is headquartered in New York and covers the South American continent, Central America, Mexico, the Caribbean and Canada.
The Company’s four main types of distribution are: direct sales and distribution, distribution through single independent distributors, exclusive zonified distribution, where distributors are assigned an exclusive territory within a market to enable them to obtain a suitable return on their investment, and distribution through national or regional wholesalers.
Philip Morris International Inc
120 PARK AVENUE
NEW YORK NY 10017
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