Announcement

Collapse
No announcement yet.

Armenian Citizens Consume Over 5 Billion Pieces Of Cigarettes A Year

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenian Citizens Consume Over 5 Billion Pieces Of Cigarettes A Year

    ARMENIAN CITIZENS CONSUME OVER 5 BILLION PIECES OF CIGARETTES A YEAR

    ARKA
    March 23, 2010

    YEREVAN, March 23, /ARKA/. Armenian citizens consume from 5 to 5.3
    billion pieces of cigarettes a year, Aharon Tadevosian, an official
    of Philip Morris International (PMI) in Armenia in charge of corporate
    ties, told ARKA.

    He said a study made in the capital Yerevan has revealed that Philip
    Morris International holds a 18.3% share in the capital city. In his
    words, the numbers for the regions are a little lower. Cigarettes
    are imported from the company's plants in Russia and Ukraine by Vidis
    Distrbution that brought last year 920 million pieces of cigarettes
    to Armenia paying about 6 billion Drams or some $16 million in excise
    taxes-25% of all excise taxes collected form cigarette importers.

    Aharon Tadevosian said Philip Morris International representation
    in Armenia paid last year a total of $4 million in taxes. Phillip
    Morris International has been in Armenia since 1995 through Philip
    Morris Management Services BV that celebrates now the 15-h anniversary
    of its inception here. It imports to Armenia Marlboro, Parliament,
    Virginia Slims, Chesterfield, L&M, Assos, Bond Street, Red&White,
    Next, Muratti cigarettes.
Working...
X