User:SimonDes/sandbox
From Wikipedia, the free encyclopedia
Philip Morris International Inc. (PMI) (NYSE: PM) is an American global cigarette and tobacco company. PMI is one of the largest publicly traded tobacco companies in the world, with nearly 813 billion cigarettes sold in over 180 countries in 2016.[3] It owns six of the 15 most traded brands in the world, the most recognized and best selling of them being Marlboro.
![]() | This is the user sandbox of SimonDes. A user sandbox is a subpage of the user's user page. It serves as a testing spot and page development space for the user and is not an encyclopedia article. Create or edit your own sandbox here. Other sandboxes: Main sandbox | Template sandbox Finished writing a draft article? Are you ready to request review of it by an experienced editor for possible inclusion in Wikipedia? Submit your draft for review! |
![]() | |
Company type | Public |
---|---|
Industry | Tobacco |
Founded | 1847; 177 years ago (1847)[1] |
Headquarters | New York City, New York, USA |
Area served | Worldwide (excluding the United States) |
Key people | Louis Camilleri (Chairman) André Calantzopoulos (CEO) |
Products | Cigarettes, cigars, fine-cut rolling tobacco |
Revenue | ![]() |
![]() | |
![]() | |
Total assets | ![]() |
Number of employees | 79,500 (2016)[2] |
Subsidiaries | Sampoerna PMFTC, Inc. Rothmans, Benson & Hedges Papastratos Philip Morris International |
Website | www.pmi.com |
Heir to a lone London tobacconist who started his business in 1847, Philip Morris International was an operating company of Altria Group until it was spun-off in March 2008. Altria explained the split, arguing PMI would have more "freedom" outside the constraints of US corporate ownership in terms of potential litigation and legislative restrictions to "pursue sales growth in emerging markets", while Altria focused on the United States.[4] As a consequence, PMI does not operate in the United States, with Philip Morris brands there still owned by its former sister company Philip Morris USA. PMI's operational headquarters are in Lausanne, Switzerland, although the corporate headquarters remain in New York City.
Because tobacco, the main constituent of cigarettes, is the single greatest cause of preventable death globally[5] and is addictive, the company's operations (and its competitors') are highly controversial and are increasingly the subject of litigation and restrictive legislation from governments concerned about the health impacts of its products.
Philip Morris is a long-term main sponsor of the Scuderia Ferrari Formula One team.[6]