Tag Archives: Megapolis

Philip Morris to Buy Russian Stake

In order to increase volumes, tobacco companies try to invade new markets. Thus two giant tobacco manufacturers, Philip Morris International and Japan Tobacco International, have declared that they have agreed to buy minority stakes in their Russian distributor Megapolis. Megapolis is main distributor of cigarettes in Russia, with 70% share in the Russian tobacco market. It has agreements with world … Continue reading Continue reading

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