Philip Morris International

Source: Wikipedia, the free encyclopedia.
This article is about the tobacco company. For the sponsored golf tournament, see Philip Morris International (golf).

Philip Morris International Inc.
Company typePublic
IndustryTobacco
Founded
  • 2008; 16 years ago (2008) (spin-off company)
  • 1847; 177 years ago (1847) (original)
FounderPhilip Morris
Headquarters
Area served
Worldwide (excluding the U.S.)
Key people
heated tobacco products, nicotine pouches, snus
BrandsIqos, L&M, Marlboro, Zyn
Revenue Increase US$31.762 billion (2022)[1]
Decrease US$12.246 billion (2022)[1]
Decrease US$9.048 billion (2022)[1]
Total assetsIncrease US$61.681 billion (2022)[1]
Total equityIncrease -US$8.203 Billion (2022)[2]
Number of employees
79,800 (2022)[1]
Subsidiaries
Websitewww.pmi.com
Footnotes / references
[3]

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.[4] Philip Morris International is often referred to as one of the companies comprising Big Tobacco.

Until spun off in March 2008, Philip Morris International was an operating company of Altria. Altria explained the spin-off, arguing PMI would have more "freedom," i.e. leeway outside the responsibilities and standards of American corporate ownership in terms of potential litigation and legislative restrictions to "pursue sales growth in emerging markets", while Altria focuses on the American domestic market.[5] The shareholders in Altria at the time were given shares in PMI, which was listed on the London Stock Exchange and other markets.

The company's legal seat is in Stamford, Connecticut, but it does not operate in the United States of America. Philip Morris USA, a subsidiary of PMI's former owner American parent Altria group, owns the Philip Morris brands there. PMI's operational headquarters are in Lausanne, Switzerland.[6]

With tobacco being addictive and the single greatest cause of preventable death globally,[7] the company is highly controversial, not least because of its history of obfuscating scientific evidence around the health effects of smoking. It has been the subject of litigation and restrictive legislation from governments.

The company ranked No. 101 in the 2021 Fortune 500 list of the largest corporations by total revenue.[8] In 2022, the company's revenue in Russia amounted to 400 billion rubles.[9]

History

Early development

The company states its history is traced to a British tobacconist, Philip Morris, opening a single shop on London's Bond Street in 1847 which sold tobacco and cigarettes.[10][11] In 1881, Philip Morris' son, Leopold Morris, established "Philip Morris & Company and Grunebaum Ltd" with Joseph Grunebaum.[4] In 1885, the company changed its name to "Philip Morris & Co. Ltd."[4]

In 1894, William Curtis Thomson and his family began to control the company, and in 1902 the company was incorporated in New York.[4] In 1919, the American business was acquired and incorporated as "Philip Morris & Co. Ltd., Inc." in Virginia.[4]

Later development

The Cube, Philip Morris International's Research and Development Center in Neuchatel-Serrières, April 2017
Philip Morris factory in Russia, August 2006

In 1954, Philip Morris (Australia) became the first affiliate of Philip Morris & Co., Ltd, Inc. outside the U.S. In 1972, the company's

Marlboro became the world's top-selling cigarette brand.[4]

In 1987, Philip Morris International (PMI) was incorporated as an operating company of Philip Morris Companies Inc.

the Altria Group.[13] In March 2008, Philip Morris International was spun off from Altria.[14]

In 1994 Philip Morris International established the Philip Morris Ukraine subsidiary. The same year, PMI acquired a 51% stake in a tobacco manufacturing facility in Kharkiv.[15] Until 1998 the facility was upgraded, with almost 90% of equipment replaced.

In April 2014, Philip Morris International announced that it would close its

Moorabbin plant in Australia by the end of 2014 after operating for 60 years, due to the gradual decline of sales in the last ten years and difficulties conforming to 2010 Australian government regulation about reducing fire risks.[16] In 2015, the company sold 850 billion cigarettes.[17]

In August 2018 Reuters reported that Philip Morris "has been among foreign companies with exposure to Russia’s tobacco market. The company’s sales exposure to Russia is 7 percent, according to a note from Goldman Sachs."[18]

As of 2019, main institutional investors are

Capital Research & Management with 5% and BlackRock Fund Advisors with 4%.[19]

In July 2021, Philip Morris International agreed to buy

pharmaceutical company Fertin Pharma from capital fund EQT and the Bagger-Sørensen family for DKK 5.1 billion.[21] At the time, Fertin Pharma was based in Vejle, Denmark with about 800 employees in India, Canada, and Denmark.[22]

In November 2021, Philip Morris International announced the relocation of its corporate headquarters from New York to Stamford, Connecticut, which expected to take effect in Summer 2022, while its operational center remained in Lausanne.[23]

In 2022, due to the Russian invasion of Ukraine and boycott of the Russian market by many international companies, the company has faced trouble due to its high level of exposure to the Russian market, from which it was reluctant to disinvest.[24][25][26] On the same year, PMI has agreed to a $16 billion deal with Swedish Match which would boost its position in cigarette alternatives.[27]

Brands

Philip Morris International has six multibillion US$ brands including:

Board of directors

As of October, 2023:[31]

Finances

For the fiscal year 2022 Philip Morris reported earnings of US$9.048 billion with an annual revenue of US$80.669 billion, a decrease of 1.9% over the previous fiscal cycle.[1][32] Its shares traded at $101.21 per share as of December 31, 2022, and its market capitalization was valued at over US$150 billion at the end of the fiscal year 2022.[33][34]


Year Revenue
in mil. US$[32] 		Net income
in mil. US$[32] 		Total Assets
in mil. US$[35] 		Price per Share
in US$[34] 		Employees[32]
2005 45,316 5,616
2006 48,302 6,130
2007 55,243 6,038 31,777
2008 63,640 6,890 32,972 43.51 75,600
2009 62,080 6,342 34,552 48.19 77,300
2010 67,713 7,259 35,050 58.53 78,300
2011 76,346 8,591 35,488 78.48 78,100
2012 77,393 8,800 37,670 83.64 87,100
2013 80,028 8,576 38,168 87.13 91,100
2014 80,106 7,459 35,187 81.45 82,500
2015 73,908 6,849 33,956 87.91 80,200
2016 74,953 6,948 36,851 91.49 79,500
2017 78,098 6,021 42,968 105.65 80,600
2018 79,823 7,911 39,801 66.76 77,400
2019 77,921 7,185 42,875 85.09 73,500
2020 76,047 8,056 44,815 82.79 71,000
2021 82,223 9,109 41,290 95.00 69,600
2022 80,669 9,048 61,681 101.21 79,800

Carbon footprint

Philip Morris International reported Total CO2e emissions (Direct + Indirect) for the twelve months ending 31 December 2020 at 492 Kt (-175 /-26.2% y-o-y)[36] and commits to reduce absolute emissions 50% by 2030 from a 2019 base year.[37] This science-based target is aligned with Paris Agreement to limit global warming to 1.5 °C above pre-industrial levels.[38]

Philip Morris International's annual Total CO2e Emissions - Location-Based Scope 1 + Scope 2 (in kilotonnes)
Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020
811[39] 788[40] 749[41] 699[42] 667[43] 492[36]

Research

See also:
Heat-not-burn product § IQOS

Philip Morris International's research center is located in Neuchatel, Switzerland and houses Philip Morris International's product research and development program.[44] As of April 2018, earnings reports showed the company had spent $4.5 billion on four products: two that heat rather than burn tobacco, and two other nicotine products.[45] One of these heat-not-burn tobacco products is IQOS.[46]

Controversies

Foundation for a Smoke-free World

See also: Foundation for a Smoke-Free World

In September 2017, Philip Morris International announced the establishment of the Foundation for a Smoke-Free World, stating that it would support it with almost US$1 billion of funding over the next 12 years.[47] The declared objective of the Foundation was to "evaluate the impact that smoke-free alternatives can have on smokers and public health, assess the effect of reduced cigarette consumption on the industry value chain, and measure overall progress towards a smoke-free world."[47] However, the Foundation, which claimed to be independent, was surrounded with controversy since its inception.[48][49] Its claims to independence have been challenged.[50][48][51]

The World Health Organization issued a statement in which it pointed out the "conflicts of interest involved with a tobacco company funding a purported health foundation", indicating that it would not partner with the Foundation and inviting governments and the public health community to follow its lead.[52] More than one hundred public health organizations have taken a strong stance in rejecting collaboration with the foundation.[49][53]

Australia

The Australian Government announced it would introduce "

plain cigarette packaging anti-smoking legislation.[54] It was one of several tobacco companies to launch legal action against the Australian Government.[55]
In response, British American Tobacco, Philip Morris, Imperial Tobacco and Japan Tobacco International took the Australian government to the High Court of Australia to try to stop the government of Australia from introducing plain packaging for tobacco products.

Two challenges to the tobacco plain packaging legislation were heard by the High Court of Australia between 17 and 19 April 2012: "British American Tobacco Australasia Limited and Ors v. Commonwealth of Australia" and "J T International SA v. Commonwealth of Australia".

On 15 August 2012, the High Court handed down orders for these matters, and found that the Tobacco Plain Packaging Act 2011 is not contrary to s 51(xxxi) of the Constitution. On 5 October 2012, the Court handed down its reasons for the decision. By a 6:1 majority (Heydon J in dissent) the Court held that there had been no acquisition of property that would have required provision of "just terms" under s51(xxxi) of the Constitution.[56]

On 18 December 2015, the Tribunal instituted by the

investor-state dispute settlement clauses included—by design.[56]

In 2017, the Dispute Settlement Body of the World Trade Organization supported Australia's right to enforce plain packaging.[57] In 2017, PMI was instructed to pay the Australia government's legal costs, an estimated 50 million dollars.[58]

In March 2018, the Tobacco giant announced that it will cut 150 jobs as part of a major restructure. Tammy Chan, the managing director in Australia, said more efficient ways to deal with retailers were introduced based on digital technology development.[59]

European Union

In 2004, Philip Morris and the European Union reached an agreement according to which Philip Morris would pay $1.25bn until 2016 to end a lawsuit over smuggling charges.[60]

Norway

Philip Morris also sued Norway over the country's ban on displaying tobacco products in stores. It lost the case in 2012.[61]

Uruguay

In 2010, the company lobbied against Uruguay's strong anti-smoking laws[62] and filed a complaint against the country (Philip Morris v. Uruguay) under the Switzerland-Uruguay bilateral investment treaty.[63] On 8 July 2016, the International Centre for Settlement of Investment Disputes ruled in favour of Uruguay.[64]

United Kingdom

In August 2014, the company foreshadowed legal action against the Government of the United Kingdom if it went ahead with plans to introduce plain packaging. In a submission to the government, Philip Morris International said it would seek compensation running into "billions of pounds," if the proposed legislation went ahead.[65]

In 2018, an advertising campaign was criticized as hypocritical for urging smokers to quit while promoting other products such as heated tobacco.[66]

IQOS

See also: Iqos
A person using the IQOS device

In 2017, according to two editors of the journal

heat-not-burn tobacco products, people from Philip Morris International contacted the institutions where the researchers worked and questioned the methods used in the study; the editors described this as a form of "pressure to suppress discourse that could harm commercial interests".[67]

In December 2017, Reuters published documents and testimonies of former employees detailing irregularities in the clinical trials conducted by Philip Morris International for the approval of the IQOS product by the FDA.[68]

In October 2020, Philip Morris launched its

IQOS products in the UAE. The country had officially legalised the sale and use of electronic cigarettes in April 2019. The U.S. Food and Drug Administration (FDA) authorised the marketing of IQOS system, which includes IQOS devices and 3 HeatSticks variants, as a modified risk tobacco product (MRTP) in July 2020. IQOS is the first electronic alternative to cigarettes to be granted marketing orders through the FDA's MRTP process.[69]

Cigarette smuggling in Africa

According to the Organized Crime and Corruption Reporting Project (OCCRP), Philip Morris' representative in Burkina Faso, Apollinaire Compaoré, has earned millions by participating in cigarette smuggling in West Africa. In particular, he worked with a Nigerian narco-trafficker Chérif Ould Abidine, nicknamed Chérif Cocaine, to smuggle Marlboro cigarettes into Libya. This tobacco trafficking contributes to the financing of local conflicts and passes through six countries: Algeria, Libya, Burkina Faso, Mali, Niger and Côte d'Ivoire.[70]

Other

See also: Advancement of Sound Science Center

From the 1970s to the late 1990s, Phillip Morris along with

sharia law," and be "a threat to existing government as” according to leaked documents.[71] A 1985 report from Philip Morris squarely blamed the World Health Organization: “This ideological development has become a threat to our business because of the interference of the WHO [...] The WHO has not only joined forces with Muslim fundamentalists who view smoking as evil, but has gone yet further by encouraging religious leaders previously not active anti-smokers to take up the cause."[71] Philip Morris has refused to comment on these findings.[71]

Philip Morris International has announced an overhaul of its human rights protections of tobacco workers in Kazakhstan and 30 other countries after critical reports.[72]

The company runs an information web site outlining the health issues of tobacco. However, it has been criticised in an article in the journal Public Health Nursing as merely a "public relations effort" intended to "undermine public health".[73]

In the 1930s, the company's tobacco advertisements were a steady source of income for numerous medical organizations and journals, including the

Journal of the American Medical Association (JAMA).[74]

In February 2015,

JeffWeCan.[75]

Sponsorship

Marlboro sponsored Ferrari Racing Team at 2006 Bahrain Grand Prix; (right): Ferrari SF90 with 'Mission Winnow' branding at the 2019 Chinese Grand Prix

Philip Morris is a long-term main sponsor of the

Indy Cars. The Ferrari Formula One deal before direct advertisements were banned was estimated to be worth £45 million a year as well as paying the multi-million salary of Schumacher.[77]

Despite no longer being able to display the Marlboro logo on Ferrari cars, Philip Morris renewed its sponsorship deal with Ferrari in 2011,[78] 2015,[79] 2017,[80] and 2018 up until 2021.[81] The 2017 deal was reported to be worth $160 million a year.[82]

Philip Morris's sponsorship of Ferrari was seen visually on the car again at the

Mission Winnow" branding. This branding has been seen by authorities as an attempt to flout laws and rules banning tobacco advertising, and it was removed by Ferrari for the 2019 Australian Grand Prix after Australian authorities launched an investigation.[83] Ferrari also decided to remove the branding for the 2019 Canadian Grand Prix and the 2019 French Grand Prix to avoid problems with bans on tobacco advertising.[83]
As of 2022, Mission Winnow/Phillip Morris International and Ferrari decided to mutually end their title sponsorship and sponsorship agreement entirely.

Casey Stoner's Ducati Desmosedici GP8 with Marlboro decal

In motorcycle racing, Philip Morris International sponsored

MotoGP teams. In 1999, Yamaha was sponsored by Marlboro until 2002 season of MotoGP series. In 2003, Marlboro has been a title sponsor of the team despite the company logo does not appear or riders motorcycle due to the tobacco advertising ban in European Union countries that were already in effect at that time.[84] similarly it had been removed from Scuderia Ferrari Formula One race cars earlier in 2019.[85][86] Marlboro would stopped the sponsorship on Ducati in 2007. During the Marlboro sponsorship period, Yamaha won the constructor championship in 2000 season and Ducati won the constructor title in 2007 season with Casey Stoner
as rider champion.

In 2019, similar to Scuderia Ferrari Formula One team, Philip Morris International returned as a sponsor for Ducati MotoGP team with the cigarette company's "Mission Winnow" branding. The sponsorship has raised controversy in some countries like Australia and Italy. The case has been brought to Italian court. However, Philip Morris International spokesperson, Tomasso di Giovanni denied Mission Winnow being a tobacco advertising and instead is a company dedicated to developing and find ways to help smokers around the world to give up their tobacco addiction. The Australian federal

2019 Australian Motorcycle Grand Prix in Phillip Island, Victoria due to local government regulations.[88] By 2020 season, Mission Winnow has been dropped as Ducati main sponsor and has been replaced with Lenovo
to fill the main sponsorship void.

References

  1. ^ a b c d e f "Philip Morris International Inc. 2022 Annual Report" (PDF). PMI. 31 December 2022.
  2. ^ "Philip Morris International Balance Sheet". PMI.com.
  3. United States Securities and Exchange Commission
    . Retrieved 28 March 2018.
  4. ^ a b c d e f g h "Key Milestones". www.pmi.com. Retrieved 20 July 2018.
  5. ^ "Altria to spin off Philip Morris International". NBC News. AP. 29 August 2007. Retrieved 19 December 2011.
  6. ^ "About us". www.pmi.com. Retrieved 8 May 2020.
  7. ISBN 978-92-4-159628-2. Archived from the original
    (PDF) on 8 March 2008.
  8. ^ "Philip Morris International". Fortune. Retrieved 5 August 2021.
  9. ^ "ООО "ФМСМ"". www.rusprofile.ru (in Russian). Retrieved 30 November 2023.
  10. ^ "Philip Morris Companies Inc. – Company Profile, Information, Business Description, History, Background Information on Philip Morris Companies Inc". www.referenceforbusiness.com. Retrieved 30 March 2018.
  11. ^ "Philip Morris International on the Forbes Global 2000 List". Forbes. Retrieved 20 July 2018.
  12. ^ "Where to find us." Philip Morris International. Retrieved on 19 October 2009.
  13. PMID 12660196
    .
  14. ^ "Altria - Investors - Press Release". investor.altria.com. Archived from the original on 5 January 2017. Retrieved 20 July 2018.
  15. ^ Kostiantyn Symonenko (6 April 2023). "Made in Ukraine: What International Brands Produce their Goods using Ukrainian Facilities" (in Ukrainian). Association of Retailers of Ukraine. Retrieved 13 March 2024.
  16. ^ Michael Janda (2 April 2014). "Philip Morris to quit Australian cigarette manufacturing". Australian Broadcasting Corporation. Retrieved 9 September 2014.
  17. ^ "Cigarettes: Smoke signals". The Economist. 23 April 2016.
  18. ^ "Factbox: U.S. companies with exposure to Russia". Reuters. 9 August 2018.
  19. ^ "Philip Morris International information". CNN Business. Retrieved 24 April 2020.
  20. ISSN 0140-0460
    . Retrieved 9 July 2021.
  21. ^ "Fertin Pharma A/S solgt til Philip Morris International for DKK 5,1 mia". Accura (in Danish). Retrieved 1 March 2023.
  22. ^ "Company Facts - Fertin.com". Archived from the original on 1 December 2012. Retrieved 18 October 2012.
  23. ^ "Philip Morris International announces new Corporate Headquarters will be located in Stamford, Connecticut". 9 November 2021. Retrieved 17 May 2022.
  24. ^ Gapper, John (18 March 2022). "Big Tobacco's future in Russia goes up in smoke". Financial Times. Retrieved 23 March 2022.
  25. ^ "Philip Morris suspends investments in Russia, scales back manufacturing". Reuters. 9 March 2022. Retrieved 23 March 2022.
  26. ^ Escobar, Sabrina. "Philip Morris Stock Tumbles. It Has Too Much Exposure to Russia and Ukraine". www.barrons.com. Retrieved 23 March 2022.
  27. ^ Ringstrom, Anna (11 May 2022). "Philip Morris bets on cigarette alternatives with $16 bln Swedish Match bid". Reuters. Retrieved 11 May 2022.
  28. ^ Felberbaum, Michael (26 June 2014). "Philip Morris Int'l to Sell Marlboro HeatSticks". Richmond, Virginia: ABC News. AP. Retrieved 28 June 2014.
  29. ^ "Best Global Brands | Brand Profiles & Valuations of the World's Top Brands". brandirectory.com. Retrieved 30 March 2018.
  30. ^ "Explanation of the Methodology". brandirectory.com. Retrieved 18 January 2019.
  31. ^ "Board of Directors". pmi.com. Retrieved 2 October 2023.
  32. ^ a b c d "Reports & Filings". www.pmi.com.
  33. ^ "Philip Morris International Market Cap". ycharts.com.
  34. ^ a b "Philip Morris International Share Price – Historical Data". Google Finance.
  35. ^ "Philip Morris International - Assets". Wall Street Journal.
  36. ^ a b "Philip Morris International's Annual Report for 2020Q4" (PDF). Archived from the original (PDF) on 24 June 2021. Alt URL
  37. ^ "Accelerating our action on climate change". www.pmi.com.
  38. ^ "Companies taking action". Science Based Targets.
  39. ^ "Philip Morris International's Annual Report for 2017Q4" (PDF). Archived from the original (PDF) on 14 September 2021. Alt URL
  40. ^ "Philip Morris International's Annual Report for 2018Q4" (PDF). Archived from the original (PDF) on 14 September 2021. Alt URL
  41. ^ "Philip Morris International's Annual Report for 2019Q4" (PDF). Archived from the original (PDF) on 21 January 2021. Alt URL
  42. ^ "Philip Morris International's Annual Report for 2020Q4" (PDF). Archived from the original (PDF) on 24 June 2021. Alt URL
  43. ^ "Philip Morris International's Annual Report for 2020Q4" (PDF). Archived from the original (PDF) on 24 June 2021. Alt URL
  44. ^ "Philip Morris International Bets Big on the Future of Smoking". Forbes. Retrieved 14 August 2018.
  45. ^ "Philip Morris Plunges the Most in a Decade on Slump in Cigarettes". Bloomberg. Retrieved 14 August 2018.
  46. ^ Lasseter, Tom; Bansal, Paritosh; Wilson, Thomas; Miyazaki, Ami; Wilson, Duff; Kalra, Aditya (20 December 2017). "Scientists describe problems in Philip Morris e-cigarette experiments". Reuters. Retrieved 30 March 2018.
  47. ^ a b "Philip Morris International Announces Support for the Establishment of the Foundation for a Smoke-Free World". Philip Morris International. 2017.
  48. ^ a b Boseley, Sarah (13 September 2017). "Tobacco company launches foundation to stub out smoking". The Guardian.
  49. ^
    PMID 31178156
    .
  50. S2CID 52313085
    .
  51. S2CID 27725280
    .
  52. ^ "WHO Statement on Philip Morris funded Foundation for a Smoke-Free World". 28 September 2017.
  53. ^ "Open Letter to Urge WHO Executive Board to Reject Foundation for a Smoke Free World (FSFW) (2019)". 28 January 2019.
  54. ^ Klya Tienhaara and Thomas Faunce Gillard Must Repel Big Tobacco's Latest Attack. Archived 7 August 2011 at the Wayback Machine Canberra Times 28 June 2011
  55. ^ "Plain packaging challenge faces High Court". ABC News. 16 April 2012. Retrieved 12 July 2012.
  56. ^ a b Australian Government Attorney-Generals Department Archived 29 November 2015 at the Wayback Machine, retrieved 20 December 2015
  57. ^ "Australia wins landmark tobacco WTO packaging case, reports". The Sydney Morning Herald. 5 May 2017. Retrieved 9 July 2017.
  58. ^ Gartrell, Adam (9 July 2017). "Philip Morris ordered to pay Australia millions in costs for plain packaging case". The Sydney Morning Herald. Retrieved 9 July 2017.
  59. ^ Toscano, Nick (6 March 2018). "Cigarette giant Philip Morris slashes Australian workforce". Canberra Times. Retrieved 30 March 2018.
  60. ^ Tran, Mark (9 July 2004). "Philip Morris reaches $1.25bn EU agreement". The Guardian. Retrieved 22 March 2018.
  61. ^ "Norway: Prohibition on the visible display of tobacco products at the points of sale". WHO.
  62. ^ Carroll, Rory (27 July 2010). "Uruguay bows to pressure over anti-smoking law amendments". The Guardian. Retrieved 9 July 2017.
  63. BBC (12 March 2010). "Tabacalera Philip Morris demanda a Uruguay"
    (in Spanish). Retrieved 15 November 2010.
  64. ^ "Phillip Morris loses tough-on-tobacco lawsuit in Uruguay". Reuters. 8 July 2016. Retrieved 9 July 2016.
  65. ^ "Plain cigarette packing plan sees Philips Morris threaten legal action". London Mercury. 12 August 2014. Retrieved 14 August 2014.
  66. ^ Hope, Katie (22 October 2018). "Phillip Morris accused of hypocrisy over anti-smoking ad". BBC News. Retrieved 20 June 2019.
  67. PMID 29114738
    .
  68. ^ Lasseter, Tom; Bansal, Paritosh; Wilson, Thomas; Miyazaki, Ami; Wilson, Duff; Kalra, Aditya (20 December 2017). "Scientists describe problems in Philip Morris e-cigarette experiments". Reuters.
  69. ^ "Philip Morris International unveils new IQOS Boutique at Dubai Mall". 7 October 2020.
  70. ^ Mangal (CENOZO), Aisha Kehoe Down (OCCRP), Gaston Bonheur Sawadogo (CENOZO), Tom Stocks (OCCRP), Ramdane Guidiguoro (CENOZO), and Kétéri. "Marlboro's Man: Philip Morris' Representative in Burkina Faso is a Known Cigarette Smuggler". OCCRP. Retrieved 9 March 2021.{{cite web}}: CS1 maint: multiple names: authors list (link)
  71. ^ a b c Boseley, Sarah (20 April 2015). "How tobacco firms tried to undermine Muslim countries' smoking ban". The Guardian. Retrieved 5 February 2017.
  72. ^ Philip Morris International Overhauls Labor Protections. Human Rights Watch, 22 May 2011.
  73. PMID 18950420{{citation}}: CS1 maint: multiple names: authors list (link
    )
  74. PMID 16434689
  75. ^ "#jeffwecan Campaign Launch". John Oliver Last Week Tonight.
  76. ^ "Philip Morris International". Scuderia Ferrari. Retrieved 30 March 2015.
  77. ^ Day, Julia (23 February 2001). "Philip Morris strengthens Ferrari ties". The Guardian. Retrieved 31 March 2015.
  78. ^ ESPN F1 Staff (14 June 2011). "Ferrari extends deal with tobacco company Philip Morris". Retrieved 12 June 2019.{{cite news}}: CS1 maint: numeric names: authors list (link)
  79. ^ Pablo Elizalde (14 May 2015). "Philip Morris extends Ferrari deal". Retrieved 12 June 2019.
  80. ^ Laurence Edmondson (4 September 2017). "Ferrari renews Philip Morris partnership". Retrieved 12 June 2019.
  81. ^ "Philip Morris extend Ferrari sponsorship deal". 21 February 2018. Retrieved 12 June 2019.
  82. ^ thejudge13 (12 December 2017). "Ferrari's Tobacco Money: A Return to Advertising on Cars?". Retrieved 12 June 2019.{{cite news}}: CS1 maint: numeric names: authors list (link)
  83. ^ a b Scott Mitchell (28 May 2019). "Ferrari to replace Mission Winnow branding for Canadian, French GPs". Retrieved 12 June 2019.
  84. ^ Dovizioso, Petrucci unveil Ducati livery for Le Mans livery crash.net, 16 May 2019. Retrieved 18 May 2019
  85. ^ Ducati MotoGP team to ditch Mission Winnow branding for Le Mans Autosport, 9 May 2019. Retrieved 18 May 2019
  86. ^ Ducati unveil one-off livery for Le Mans thecheckeredflag.co.uk, 16 May 2019. Retrieved 18 May 2019
  87. ^ Gomes, Bruno (6 March 2019). "MotoGP – Sponsorship problems for the Mission Winnow Ducati team". iMotorcycle. Retrieved 10 April 2022.
  88. ^ Klein, Jamie (9 May 2019). "Ducati to remove Mission Winnow branding for French GP". Motorsport.com. Retrieved 10 April 2022.

External links

  • Business data for Philip Morris International:
Wikiquote has quotations related to Philip Morris International.
Wikimedia Commons has media related to Philip Morris International.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Philip_Morris_International&oldid=1213528044"