Philip Morris International (PMI) these days has celebrated the 50th anniversary of Philip Morris Products at its manufacturing plant in Serrieres, Neuchatel, Switzerland, in the course of the event where local representatives from Neuchatel and Vaud were present.
“We are very thrilled to celebrate 50 years in Switzerland, particularly here in Neuchatel, where the PMP SA factory was established in 1964,” explained Andre Calantzopoulos, CEO of PMI.
“I am mainly thankful to our employees, business associates and the communities of Neuchatel and Lausanne, who have always been a crucial part of our achievements.
“We are extremely pleased of our reputation which we look forward to maintain in the future.
“Very few companies can be proud of such a history, developing from the family-owned Fabriques de Tabac Reunies established in 1925, to a giant manufacturing facility at the forefront of technological innovation, production quality, industrial improvement and innovation, at this point being set next to our international R&D Center.”
Together with manufacturing and advancement in Neuchatel, and at its international Operations Center in Lausanne, PMI in Switzerland engages over 3,000 people constituting about 50 nationalities.
Starting 2008, the company has spent around CHF700 million in Switzerland, mostly in its global R&D Center.
On a yearly basis, PMI’s strategies in Switzerland stand for an economic effect of over CHF1.4 billion when it comes to human resources expenses and the acquisition of goods and services, along with CHF1 billion in excise tax on smoking products.
“The 50th anniversary of Philip Morris in Neuchatel illustrates the history of one of the greatest international companies in our area – evidence that Switzerland and, mainly, Neuchatel provides a favorable environment for economic improvement,” explained Alain Ribaux, leader of the State Council of Neuchatel.
“I would also like to applaud the company for its great integration and economic, social and cultural involvement in our Canton.”