"We are pleased to announce our decision to invest more than 490 million Euros in a new factory. In a few months from now, we will produce in Otopeni tobacco reserves for IQOS, a project that will create 300 new jobs in Romania", said the CEO of Philip Morris, Christos Harpantidis.

On the local market, the giant cigarette manufacturer registered last year a turnover of about 2.3 billion lei through Philip Morris Trading, according to public data. (Source: zf.ro)