ADVERTISEMENT A PMI executive said that the company’s Greek affiliate Papastratos had sourced and paid for the ventilators in order to help “flatten the curve.” Stavros Drakoularakos ...

NEW YORK (CBS.MW) -- Philip Morris International, an operating unit of Dow industrials component Altria , said it acquired a 76.5 percent shareholding stake in Greece's Papastratos Cigarette ...

The investment will create 400 new jobs at Papastratos, which already employs approximately 800 people. Construction on the site will commence immediately, with production scheduled to begin in ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Philip Morris International Inc. (PMI) (NYSE: PM) announced today that the factory of its Greek affiliate (Papastratos) in Aspropyrgos, has ceased cigarette ...

ATHENS (Reuters) - Marlboro maker Philip Morris will invest 300 million euros ($323.76 million) in its Greek unit Papastratos to convert the cigarette plant into a maker of tobacco sticks for its ...