Website: pmi.com
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https://pmi.com redirected to https//www.pmi.com during the time we crawled it. Philip Morris International (PMI) is a leading tobacco company with a global workforce of approximately 82,700 employees. The company is headquartered in Stamford, Connecticut, and is listed on the New York Stock Exchange (NYSE: PM). PMI is known for its iconic cigarette brands, including Marlboro, and has a significant presence in the tobacco industry. However, in recent years, PMI has been undergoing a transformation to focus on smoke-free products as part of its vision for a smoke-free future. This shift represents a fundamental change in the company's direction and has significant implications for its business model and the tobacco industry as a whole. PMI's commitment to a smoke-free future is backed by substantial investments in research and development, as well as efforts to communicate the potential benefits of smoke-free alternatives compared to traditional cigarettes. The company's leadership, including its CEO Jacek Olczak, has been vocal about the importance of this transformation and the potential positive impact on public health. PMI's efforts to transition to smoke-free products are also aligned with broader societal and regulatory trends, including increasing awareness of the health risks associated with smoking and a growing emphasis on harm reduction. It's important to note that while PMI's focus on smoke-free products represents a significant shift, the company's traditional tobacco business remains a core part of its operations. This dual focus on both traditional and smoke-free products is a notable aspect of PMI's current business strategy. Overall, PMI's commitment to a smoke-free future and its efforts to develop and promote smoke-free alternatives to traditional cigarettes are part of a broader industry-wide evolution. The success and impact of this transformation will be closely watched, especially in the context of public health, regulatory developments, and consumer behavior."