Philip Morris International Inc. is a global, and is engaged in the production and selling of its products. The products of the company are present in more than 180 countries.
It produces half of the world’s top 15 brands known globally which also includes Marlboro, the world’s best-selling brand & the company held a market share of around 28%, 28.3% and 27.6% of the total international market. Company has its headquarters in New York and employees about 91,100 people.
It is present in different regions of the world: European Union (EU); Asia; Eastern Europe, Middle East and Africa (EEMA); and Latin America and Canada.
Company is involved in lot of R&D activities with focus on developing innovative products with the potential of reducing the risk of diseases associated with smoking as compared to other conventional cigarettes.
Philip Morris International became an individual company after separation from Altria group in 2008. Philip Morris International is owning Kraft foods since 1988 which was previously associated with Mondelez International, one of the leading world’s snack producer. The company is also involved in charitable tasks such as they give $25 million per year to relevant causes around the world.