(Reuters) - Marlboro maker Philip Morris International Inc said on Thursday it was working on options to exit the Russian market after Moscow's invasion of Ukraine.
(Reuters) – Marlboro maker Philip Morris International Inc said on Thursday it was working on options to exit the Russian market after Moscow’s invasion of Ukraine.
The cigarette maker, which brought in around 6% of its net revenues from Russia in 2021, also said it had discontinued a number of its cigarette products offered in the country and canceled all product launches planned there for 2022.
(Reporting by Praveen Paramasivam in Bengaluru; Editing by Aditya Soni)
Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products:
