Philip Morris International is one of the leading international tobacco companies. Productive capacity of two factories in Russia allow to produce more than 100 billion cigarettes per year, its production is also exported to Armenia, Byelorussia, Kazakhstan, Moldova and Ukraine.
Nonproductive company Philip Morris Sales and Marketing studies the market and in Russia it accomplishes marketing of 11 families of cigarettes brands: Bond Street, Chesterfield, L&M, Marlboro, Muratti Ambassador, Next, Parliament, Trend, Virginia Slims. For the rise of its brands, Philip Morris International invested in Russia more than $800 million. Essentially, for L&M renewing it required the change of equipment at tobacco factories, the company spent $15 million for these needs.
According to the independent agency of field investigations Business Analytics, market share of Philip Morris cigarettes in Russia at the second quarter, 2007, was 26,7%. Small addition has been achieved with the help of other brands from the portfolio of the company, Marlboro, Parliament, Virginia Slims and Chesterfield.
Philip Morris International gave work to 3 000 workers and employees at its Russian factories and advertising companies.