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Papastratos

Greek Tobacco Giant Papastratos to Give €1 Million in Shares to Workers

Papastratos, Greece's largest tobacco manufacturer and distributor, announced on Thursday that it will give shares worth a total of €1.0 million in its parent company Philip Morris International to its workers. In the statement, the Papastratos company said that it...

Tsipras: Investors Trust and Invest in Greek Economy

There are many investors who trust and invest in the Greek economy, Prime Minister Alexis Tsipras said on Tuesday, during his visit to the Papastratos CMC tobacco factory in Aspropyrgos, Attica. "We are working to lay the foundations for a...

Philip Morris to Invest €300 Mln for Smokeless Product in Greece

Philip Morris, maker of Marlboro cigarettes, is to invest 300 million euros in its Greek unit Papastratos to make the smokeless IQOS product, Reuters says. IQOS is a device that heats real tobacco refills to produce tobacco-flavored vapor instead of...

Philip Morris – Papastratos Agree on 25-Million-Euro Investment

Greece’s leading tobacco company Papastratos’ President and CEO Nikitas Theofilopoulos and Philip Morris International Vice President Massimo Andolina announced during a meeting with Development Minister Kostas Skrekas on Wednesday in Athens that the planned 25-million-euro investment is currently in the...

Philip Morris Warehouse For Agrinio

Greece’s Prime Minister Antonis Samaras will meet with the President and Managing Consultant of the tobacco company Papastratos, Nikos Theofilopoulos, to talk about plans for a new central warehouse for all of Europe, to be built in the western...

Philip Morris Signed Agreement for Greek Tobacco

American tobacco company Philip Morris International along with its subsidiary Papastratos signed yesterday the agreement to purchase 50% of Greece΄s tobacco production over the next three years, according to an official announcement. "The deal is a sign of confidence in...

Philip Morris Will Operate in Greece

Global tobacco giant Philip Morris International has reportedly transferred some of its production from other plants in Europe to the unit of its Greek subsidiary Papastratos at Aspropyrgos, western Attica. The newspaper Kathimerini reported that the Chairman and CEO of...