Philip Morris International Inc PM

Philip Morris International Inc. is a global tobacco company responsible for six of the world's top 15 international tobacco brands, including Marlboro, the world’s best-selling international cigarette, Parliament and Virginia. The firm is engaged in the manufacture and sale of cigarettes, as well as smoke-free products, electronic devices and accessories, and other nicotine-containing products. The firm is based in New York City and was founded in 1847.

The company has now shifted its focus to the production of various alternative, smoke-free products, such as e-vapes, TEEPS, and other electronic devices. The firm has 39 production facilities worldwide, employing more than 70,000 people, including over 900 research and development scientists, engineers and technicians working on the design and development of smoke-free products. The company serves around 150 million customers across more than 175 markets.

The firm’s smoke-free products are marketed under the IQOS brand. The company also owns various local cigarette brands, such as Dji Sam Soe, Sampoerna A and Sampoerna U in Indonesia, and Fortune and Jackpot in the Philippines. The company is listed on the NYSE under the stock ticker PM.

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