Philip Morris Companies Inc is one of the biggest world tobacco, food and beverage corporations. On January 27, 2003 it changed its name to “Altria Group, Itc”. Now this corporation owns 100% of Philip Morris USA (PM USA), Philip Morris International (PMI) and Philip Morris Capital Corporation. It is also the major stock holder of Kraft Foods (81%) and 28.7 % of SADMiller plc. This corporation gives workplaces to more than 80,000 employees.
The biggest supplementary of Altria Corporation is Philip Morris Company who is a giant in selling tobacco products. PM is the parent of legendary cigarette brand Marlboro, along with Parliament, Virginia Slims and Benson&Hedges.
Philip Morris International (PMI), is belongs to “Altria”, which is located in Lausanne, Switzerland. Due to its premium tobacco products, as Marlboro and L&M, this company has achieved worldwide popularity. More than 50 tobacco factories are spread around the entire world. Philip Morris International cigarette brands are sold in more than 160 countries. In 2005, the company had the share of 15% from the overall international cigarette market.
It all started in the 19th century, when Philip Morris, a small tobacco manufacturer, began selling his cigarettes in a small store. Now the business is a company with globally known cigarette brands.
The highest achievement of Philip Morris International was in 2005. The company sales have grown by 5.7% to 804.5 billion units, sold on tobacco markets of Indonesia, Sampoerna and Columbia. The sole cigarette brand Marlboro has registered an increase by 2.0% to 322.1 billion units sold in Eastern Europe, the Middle East, Africa and Japan. This demand of Marlboro was seen in such big markets as Egypt, France, Japan, Mexico, Portugal, Russia, Turkey, Ukraine and the United Kingdom.
The most profitable markets for Philip Morris tobacco products are four key states: of France, Germany, Italy and Spain. This region accounts 2/3 of the entire PMI economic budget. Asia accounts 18% of Philip Morris International profits. The leading place with the biggest demand is the cigarette market of Japan (also the international leader in tobacco sales).
2009-03-22
2008-09-01
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2008-08-15
Philip Morris ups Parliament, Virginia Slims price
Philip Morris USA has effectively raised the price of its Parliament Cigarettes by 15 cents per pack and the price of its Virginia Slims brand by 20 cents per pack.
A spokesman for the largest U.S. cigarette company said that from Jan. 7 through Feb. 24 it will cut the promotional allowances it gives wholesale distributors of Parliament Cigarettes and Virginia Slims Cigarettes.
Reductions in promotional allowances are typically passed on to consumers in the form of higher prices. The average price for a pack of cigarettes can vary widely due to differences in local taxes.
Philip Morris Inc will reduce the Parliament Cigarettes promotional allowance by $1.50 per carton to $2 per carton and eliminate the $2 per carton promotional allowance on Virginia Slims Cigarettes, a spokesman said.
Philip Morris is a unit of Altria Group Inc
Altria Plans to Develop Overseas Division in March
The Altria Group reported on Wednesday that it would spin off its international tobacco business on March 28, freeing it to pursue cigarette sales more aggressively outside the United States. The separation could shield the business, Philip Morris International, based in Lausanne, Switzerland, from American legal and regulatory issues. The international unit makes Marlboro, L&M and Bond Street cigarettes; Philip Morris USA makes the Marlboro, Virginia Slims, Parliament cigarettes and Basic cigarette brands for American consumers. Once the spinoff is complete, Altria, which is based in New York, will consist mainly of its domestic cigarette business, Philip Morris USA, and a 28.6 percent stake in the London-based beer company SABMiller, which makes Miller Genuine Draft, Pilsner Urquell and Snow. Altria plans to shut its Park Avenue office and move to Richmond, Va., where Philip Morris USA is based.
Parliament Cigarettes
Parliament cigarettes are the first to introduce their unique recessed filter, which, along with their soft flavor and smooth taste, made Parliament a very popular brand. The recessed filter of Parliament cigarettes makes the smoking experience more pleasant, fulfilling and softer, which is a great advantage for heavy smokers. Our shop offers you the Parliament king size cigarettes, Parliament light/blue cigarettes, Parliament 100's cigarettes and Parliament 100's light/blue cigarettes.
2008-03-20
Parliament Cigarettes is a mark of the production of cigarettes Philip Morris.
Parliament Cigarettes is a mark of the production of cigarettes Philip Morris. Parliaments are drowned their distinctive paper filter, in contrast to the rigid foam filters filter cigarettes in the other. They are sold in a "light", "ultra-light", "100" and menthol varieties, in addition to the usual "king-size" cigarettes, called "Parliament Cigarettes Full Flavors." Parliaments are characterized by sharp, tangy flavor. Popular nicknames for "king-size", and light boxes, respectively, are "P-Funks" and "X-Lights. The former takes its name from the popular funk group P-Funk, or Parliament Cigarettes Funkadelic, best known for his head, George Clinton (funk musician). Although parliaments represent a small fraction of Phillip Morris cigarettes on the market (1.7% based on sales in the first quarter of 2004), they are very popular among smokers at the age of 20 in the United States and Russia. Parliaments unique niche known filter used for snorting cocaine.
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