The company says it is divesting its operations as a going concern.Read More
Tags :Ukraine
Igor Kesaev reportedly controls 70 percent of the Russian cigarette market. Read More
Following Russia’s invasion of Ukraine, tobacco companies retreat from one of the world’s top cigarette markets.Read More
But retreating from Russia will still impact tobacco companies’ short-term cash flows. Read More
Russia and Ukraine are nearly a quarter of firm's HTP volume.Read More
Tobacco companies adjust their strategies in the wake of the war between the two countries. Read More
The company has advised its employees to stay home in the wake of Russia's invasion. Read More
The legislation restricts public smoking, tobacco advertising and flavored products. Read More
Industry leaders say successive tax hikes have spawned an out-of-control illegal market. Read More
Lower sales mean Ukraine will likely collect less revenue in 2021, says PMI executive.Read More