An international tobacco products producer plans to restore its 28.5% share of the Ukrainian market in one to two years. Philip Morris International (PMI) lost about half of its 28.5% Ukrainian market share after the war began , which led to the closing of its factory near Kharkiv. So far, the company has restored about... #BusinessRelocation #investments #Kharkiv #PhilipMorrisUkraine #TobaccoMarketUkraine
Tobacco company Philip Morris International has opened a new $30M factory in the Lviv region. The first production line at the new factory was launched in May, and four more will be put into operation by the end of the year, which will increase the factory’s production capacity to 10 billion c... #BusinessDevelopment #BusinessRelocation #investments #PhilipMorris #PhilipMorrisUkraine #TobaccoMarketUkraine #Львів
The manufacturers and importers of tobacco products will pay a 5% retail excise tax. The Verkhovna Rada of Ukraine adopted in the first reading the bill №5719, which obliges manufacturers and importers of tobacco products to pay a 5 % retail excise tax on tobacco products, tobacco, in... #ImportingTobaccotoUkraine #TobaccoMarketUkraine #TobaccoProductTax #TobaccoUkraine
The growth of the tobacco products market has declined in 2021. “In 2020, the tobacco products market, according to our estimates, grew by 80%”, but after the excise tax was increased by 320% from January 1, 2021, and subsequently the price grew, this indicator fi... #PhilipMorris #PhilipMorrisUkraine #TobaccoMarketUkraine
