Ukraine labels tobacco giants ‘sponsors of war’ ...News

Russia Today - Economy
Ukraine labels tobacco giants ‘sponsors of war’
source : Russia Today ( News ) () 34
The decision was made due to the reluctance of Phillip Morris and Japan Tobacco to exit Russia, according to Kiev  The Ukrainian government has labeled US tobacco giant Philip Morris and another major cigarette maker, Japan Tobacco, “international sponsors of war” owing to their continued operations in Russia, the Ukrainian National Corruption Prevention Agency (NCPA) announced on Thursday.  Phillip Morris has two factories in Russia’s Leningrad and Krasnodar Regions. The market share of the company’s trademarks in the country was 30.1% in 2019. Currently, Philip Morris’ total investment in Russia exceeds $2 billi

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