Saturday
December 16, 2017
Friday, October 21, 2011

Philip Morris closes factory in Uruguay due to anti-tobacco laws

US tobacco company Philip Morris International (PMI) announced today through a communiqué, the closure of their factory in Uruguay, due to the pressing demand placed on them by Uruguay’s anti-tobacco laws. The company announced that they will transfer the local production to neighbouring country, Argentina.

“The broad availability and presence of illegal products in the market, combined with a reduction in demand and regulatory measures limiting the ability to do business, have all provoked that the maintenance of the factory not be viable,” the company communicated.

The closure of the factory means cutting 62 jobs, with Abal Hermanos products being made in Philip Morris International factories in Argentina, according to the company, who further affirmed that they would continue to sell their products in Uruguay.

Uruguay in 2006 became the first country in Latin America and the fifth in the world to go ‘smoke free’.

  • CommentComment
  • Increase font size Decrease font sizeSize
  • Email article
    email
  • Print
    Print
  • Share
    1. Vote
    2. Not interesting Little interesting Interesting Very interesting Indispensable
Tags:  Philip Morris  US  Argentina  cigarettes  demand  anti-tobacco  





  • Comment
  • Increase font size Decrease font size
  • mail
  • Print

COMMENTS >

Comment




    ámbito financiero    ambito.com    Docsalud    AlRugby.com    

Edition No. 5055 - This publication is a property of NEFIR S.A. -RNPI Nº 5343955 - Issn 1852 - 9224 - Te. 4349-1500 - San Juan 141 , (C1063ACY) CABA - Director Perdiodístico: Ricardo Daloia