PMI Shutting Down German Factories

Philip Morris International (PMI) plans to close two tobacco factories in Germany due to decreasing demand for tobacco products in Europe, as reported by Bloomberg. This move reflects the ongoing shift in consumer preferences and the broader tobacco industry's challenges in adapting to changing market dynamics. For more insights into PMI's strategy and the future of the tobacco industry, further exploration is encouraged. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: Tobacco Asia magazine Tobacco Industry magazine reporting on cigarettes, e-cigarettes, cigars, RYO, bidis, kretek, cigarillos, chewing tobacco, tobacco equipment, tobacco machinery, tobacco packaging