Tuesday, September 16, 2014

Philip Morris Products S.A. Celebrates 50 Years of History in Switzerland

Philip Morris International (PMI) today celebrated the 50th anniversary of Philip Morris Products S.A. (PMP SA) at their historic factory site in Serrières, Neuchâtel, Switzerland at an event attended by cantonal and local officials from Neuchâtel and Vaud.
“We are extremely happy to celebrate 50 years in Switzerland, notably here in Neuchâtel, where the PMP SA factory was founded in 1964. I am particularly grateful to our employees, business partners and the communities of Neuchâtel and Lausanne, who have always been an integral part of our success. We are proud of this track record which we look forward to continuing in the future,” stated André Calantzopoulos, CEO of Philip Morris International. “Few companies can take pride in such a history, growing from the family-owned Fabriques de Tabac Reunies founded in 1925, to a manufacturing facility at the forefront of technology, Marlboro production quality, industrial development and innovation, now standing next to our global R&D Center.”

“The 50th anniversary of Philip Morris in Neuchâtel highlights the heritage of one of the largest international companies in our region – proof that Switzerland, and particularly Neuchâtel, offers a positive environment for economic development. I would also like to commend the company for its excellent integration and economic, social and cultural participation in our Canton,” stated Alain Ribaux, President of the State Council of Neuchâtel.

With manufacturing and innovation in Neuchâtel, and at its global Operations Center in Lausanne, PMI in Switzerland employs over 3000 people representing roughly 50 nationalities. Since 2008, the company has invested approximately CHF 700 million in Switzerland, primarily in its global R&D Center. On an annual basis, PMI’s activities in Switzerland represent an economic impact of more than CHF 1.4 billion in terms of human resources expenditures and the purchase of goods and services, in addition to CHF 1 billion in excise tax on tobacco.

The company’s 50th anniversary celebrations will conclude on Saturday with a special event for employees and their families, as well as retired staff, all of whom have helped in making PMP SA a contributor to the Swiss economy.

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