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Philip Morris International has invested 43.4 billion euros in the EU (2019-2023), supporting 1 million jobs and promoting a smoke-free future.

Liviu Brăteanu
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18 September 2025, 13:26
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Economy
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The study conducted by EY-Parthenon highlights the significant contribution of SMEs to the EU economy, with investments of 43.4 billion euros in the last five years. SMEs have generated 1 million jobs and invested in research, development, and support for farmers. The company is committed to developing smoke-free products and supporting local ecosystems, having a positive impact on European industrial competitiveness. Romania plays a crucial role in this transformation, with significant investments in the production of innovative products.

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Impactul economic al Philip Morris International în Uniunea Europeană. Investiții în inovație, locuri de muncă și reziliență industrială pentru un viitor fără fum „Fabricat în Europa”
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Impactul economic al Philip Morris International în Uniunea Europeană
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Impactul economic al Philip Morris International în Uniunea Europeană

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NEWS ON THE SAME TOPICS

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Philip Morris International has invested over 1.1 billion dollars in Romania, mostly in the factory in Otopeni, converted for smoke-free products. Over 90% of production is intended for export.
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Economy
Razvan Balaban, Philip Morris: Romania is changing the industrial advantage, from cost to capability
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(P) Philip Morris International emphasizes the growth of illicit trade in Romania, which has reached 6.9% of the market, resulting in losses of 324 million euros.
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Philip Morris International and Andrea Bocelli launched 'Believe. Further', a platform dedicated to progress and positive change. The event took place on June 26 in Venice.
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The ZERO COMPROMISE campaign aims to prevent minors from accessing tobacco and nicotine products. Surveys show that current legislation is insufficiently enforced.
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The review of the European Directive on Tobacco Products has generated a large public participation exercise, with 82,168 contributions received.
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Philip Morris International economic impact EU

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