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News analysis

PMI considers leaving the Russian market as it scales down operations

Written by || 25th March 2022 || News analysis | Major brands | GeographiesRussia World

Philip Morris International (PMI) has cancelled all product launches in Russia for 2022, including the launch of its heated tobacco device Iqos Iluma – initially planned for March – as part of its plans to suspend investments and scale down manufacturing operations across the country.

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Antonia Di Lorenzo

Newsdesk editor/EU lead reporter
Antonia is a member of the editorial team and holds a masters degree in Law from the University of Naples Federico II, Italy. She moved in 2013 to London, where she completed a postgraduate course at the London School of Journalism. In the UK, she worked as a news reporter for a financial newswire and a magazine before moving to Barcelona in 2019.

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