Philip Morris Egypt has decided to raise cigarette prices starting from tomorrow, July 17, as the price of Marlboro and Merritt cigarettes was raised by about 5 pounds, and LM cigarettes by an increase of 3 pounds.
A publication issued by Philip Morris Egypt, “Money”, revealed the details of the increase in cigarette prices, as Merritt cigarettes registered after the increase of 64 pounds, Marlboro 59 pounds, and l & m 42 pounds.
While the list of increased cigarette prices includes l & m blue, red, silver, and forward, recording a sale price of 42 pounds per pack.
Ibrahim mbabi, head of the smoke division at the Federation of industries, said that Philip Morris products are rising from tomorrow with an increase of 3 to 5 pounds per pack, while Eastern Eastern company has not raised its prices yet.
Philip Morris price list
Philip Morris International (PMI) is one of the most important and largest global leading companies in the field of manufacturing and marketing tobacco products, it has a diverse product portfolio that includes the most famous brands of cigarettes, smoke-free products, which includes products powered by tobacco heating technology.
Philip Morris is also working on offering oral nicotine products.
In 2008, Philip Morris International began implementing an integrated strategy to shift towards science and innovation to create a smoke-free future, and has so far invested more than USD 10.5 billion in this area to develop innovative smoke-free tobacco products, using high-level scientific assessments.
In November 2022, Philip Morris International acquired Swedish Match – the leader in oral nicotine products, which resulted in a global provider of smokeless tobacco products led by the IQOS and ZYN brands.
Source : Money newspaper
