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View Full Version : Philip Morris to invest RD$500 million



NewsWhore
10-17-2011, 05:20 PM
Smoking is regaining popularity among young people in the DR, and now the Philip Morris Dominicana company is announcing a plan to invest RD$500 million in the Dominican market. Director Ricardo Petrikovich said that the company intends to increase its presence in the country. Philip Morris has been here for 40 years. The company manufactures Marlboro and Nacional cigarettes.

Petrikovich said the company was promoting the planting of Burley tobacco for cigarette manufacturing. "Our intention is to continue to increase our support for producers, with financing, training, advisory services and investment in related areas," he said during a meeting with reporters in Santiago.

He said the company has obtained international environmental management certificate ISO 140001 and health and labor security certificate OHSAS 18001.

The cigarettes used to be produced by E Leon Jimenes that recently withdrew its cigarette-producing division.

Petrikovich said that the company would continue with programs to prevent cigarette consumption among minors.

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