1 minute read

INTEGRATED VALUE CHAIN OF PHILIP MORRIS INTERNATIONAL IN ITALY

Philip Morris International is undergoing a seismic transformation to deliver on a future where cigarettes are replaced by smoke-free alternatives. Italy is one of the fundamental pillars of this transformation.

Brought to you by Philip Morris International.

Up to EUR 500 million

PMI signed multiyear agreement with Institutions and Italian farmers for investments of up to 500 million Euros (2023-2027).

Over EUR 1.2 billion

Since 2014, PMI made a greenfield investment of over 1.2 billion euro to the Bologna facilities, which today employ more than 2,100 people.

Global

facilities in Italy

Italy hosts the PMI Center of Excellence, the Bologna plant, and the PM Institute for Manufacturing Competences – global facilities responsible for prototyping, large-scale production of smoke-free products, and competency center.

Contribution to Italian economy

PMI annual contribution to the Italian economy is approximately 0.5% of Italy’s total GDP (2022).

This article is from: