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Philip Morris International
 | |
 PMI operational center in Lausanne | |
| Company type | Public |
|---|---|
| Industry | Tobacco |
| Founded |
|
| Founder | Philip Morris |
| Headquarters |
|
Area served | Worldwide |
Key people |
|
| Products | Cigarettes, cigarillos, cigars, electronic cigarettes, heated tobacco products, nicotine pouches, snus |
| Brands | Iqos, L&M, Marlboro, Zyn |
| Revenue |  US$37.88 billion (2024) |
| US$13.40 billion (2024) | |
 US$7.057 billion (2024) | |
| Total assets | US$61.78 billion (2024) |
| Total equity | −US$11.8 billion (2024) |
Number of employees | 83,100 (2024) |
| Subsidiaries | |
| Website | pmi |
| Footnotes / references [1] | |
Philip Morris International Inc. (PMI) is an American multinational tobacco company, with products sold in over 180 countries. The most recognized and best selling product of the company is Marlboro;[2] its other major cigarette brands include L&M and Chesterfield.[3] Philip Morris International is often referred to as one of the companies comprising Big Tobacco.
The company originated in 1847 in London. However the present company was founded in March 2008 when it was spun off by its then American parent Altria group, of which Philip Morris International was an operating company of. PMI's legal seat is presently in Stamford, Connecticut, but it does not operate in the United States of America: Philip Morris USA, a subsidiary of PMI's former parent Altria, owns the Philip Morris brands there. PMI's operational headquarters are in Lausanne, Switzerland. It employs more than 1,500 people.[4]
With tobacco being addictive and the single greatest cause of preventable death globally,[5] the company is highly controversial, not least because of its history of obfuscating scientific evidence around the health effects of smoking.[6] It has been the subject of litigation and restrictive legislation from governments. Partly as a result, the company has diversified in the 21st century into smoke-free products such as the Iqos brand of heated tobacco products, Zyn brand of nicotine pouches, and Veev brand of electronic cigarettes.[3]
The company ranked No. 128 in the 2023 Fortune 500 list of the largest corporations by total revenue.[7] In 2022, the company's revenue in Russia amounted to 400 billion rubles.[8]
- ^ "Philip Morris International Inc. 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. 6 February 2025.
- ^ Cite error: The named reference
:1was invoked but never defined (see the help page). - ^ a b "Building leading brands". www.pmi.com. Retrieved 18 January 2025.
- ^ "About us". www.pmi.com. Retrieved 8 May 2020.
- ^ WHO Report on the Global Tobacco Epidemic, 2008: the MPOWER package (PDF). Geneva: World Health Organization. 2008. ISBN 978-92-4-159628-2. Archived from the original (PDF) on 8 March 2008.
- ^ "Propaganda Crusades by Philip Morris International & Altria: "Smoke-Free Future" & "Moving Beyond Smoke" Campaigns - Exposing the Hypocrisy of the Claim: "A Tobacco Company That Actually Cares About Health"" (PDF). Robert K. Jackler, Stanford University School of Medicine, Stanford Research into the Impact of Tobacco Advertising (SRITA), 2022. Retrieved 29 December 2024.
- ^ "Philip Morris International". Fortune. Retrieved 5 August 2021.
- ^ "ООО "ФМСМ"". www.rusprofile.ru (in Russian). Retrieved 30 November 2023.
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