Philip Morris investing $46 mln for smoke-free products at Czech plant
PRAGUE, June 20 (Reuters) - Tobacco group Philip Morris
International PM.N will invest over 1 billion crowns ($45.91
million) to start manufacturing consumables for its smoke-free
products and boost its capacity for that at the Czech plant of
its Prague-listed subsidiary Philip Morris CR TABK.PR , the
companies said on Tuesday.
($1 = 21.7800 Czech crowns)
(Reporting by Jason Hovet)
((jason.hovet@thomsonreuters.com;))
Recent news on Philip Morris CR as
See all newsBrief: Philip Morris CR H1 2026 net profit down 7.2% from year ago
Brief: Czech Philip Morris 2025 Net Profit CZK 3.036 Billion, Down 9.2% Y/Y
Brief: Czech Philip Morris: H1 Net Income Down 13.3% Y/Y, Revenue Up 2.9%
Brief: Czech Philip Morris CR: Previously Announced Investment To Launch Production Of ZYN Nicotine Pouches Will Be Doubled
Brief: Philip Morris Czech Republic approves CZK 1,220 dividend for 2024 - news agency CTK