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Philip Morris Operations

Philip Morris Operations or Niš Tobacco Factory is a Serbian tobacco manufacturer based in Niš.

Philip Morris Operations
Native name
Филип Морис Операције
Company typeJoint-stock company
IndustryTobacco
Founded11 June 2003; 20 years ago (2003-06-11) (Current form)
Founded in 1930
Headquarters,
Area served
Serbia
Key people
Aleksandar Jakovljević (General director)
Revenue 175.70 million (2017)[1]
€32.41 million (2017)[1]
Total assets €183.16 million (2017)[2]
Total equity €128.20 million (2017)[2]
OwnerPhilip Morris International (99.69%)
Others
Number of employees
604 (2017)
Websitewww.din.co.rs

History edit

 
Monopol Building Niš

The Niš Tobacco Factory was established in 1930 as a part of the state tobacco monopoly at its present location in Crveni Krst neighborhood of Niš.[3] It was one of the largest cigarette manufacturers in Yugoslavia. It offered a variety of services, including the production of processed tobacco, tobacco cut filler, filters and other.[3]

During the 1990s, Niš Tobacco Factory had 3,500 employees and had tens of thousands cooperators in former Yugoslavia.[4] In 1999, during the NATO bombing of Yugoslavia, the company's facilities were bombed, allegedly by request of Philip Morris International.[5][4]

Niš Tobacco Factory was sold to Philip Morris in August 2003 for 518 million euros.[6] It later changed the name to Philip Morris Operations. In 2012, workers union protested, stating that Philip Morris has never transferred 387 million euros to the Government of Serbia and also greatly reduced production.[4]

Market and financial data edit

As of 19 December 2018, Philip Morris Operations has a market capitalization of 97.20 million euros.[7]

See also edit

References edit

  1. ^ a b "БИЛАНС УСПЕХА (2017) - Philip Morris Operations". apr.gov.rs (in Serbian). Retrieved 18 October 2018.
  2. ^ a b "БИЛАНС СТАЊА (2017) - Philip Morris Operations". apr.gov.rs (in Serbian). Retrieved 18 October 2018.
  3. ^ a b Veličković, Ivan (29 July 2013). "Pogrešna privatizacija". koreni.rs (in Serbian). Retrieved 20 December 2018.
  4. ^ a b c Ristović, M. (28 September 2012). "Radnici Duvanske industrije Niš: Preispitati privatizaciju". novosti.rs (in Serbian). Retrieved 18 October 2018.
  5. ^ Smiljanić, Spasoje (9 March 2009). "Podmukli udari s neba". novosti.rs (in Serbian). Retrieved 20 December 2018.
  6. ^ ""Filip Moris" kupuje DIN, BAT kupuje DIV". b92.net (in Serbian). 5 August 2003. Retrieved 18 October 2018.
  7. ^ "Market capitalization – DINNPB - Philip Morris Operations a.d. , Niš - 19.12.2018". belex.rs. Retrieved 20 December 2018.

External links edit

  • Official website
  • Philip Morris Operations (in Serbian)

philip, morris, operations, niš, tobacco, factory, serbian, tobacco, manufacturer, based, niš, native, nameФилип, Морис, Операцијеcompany, typejoint, stock, companyindustrytobaccofounded11, june, 2003, years, 2003, current, form, founded, 1930headquartersniš, . Philip Morris Operations or Nis Tobacco Factory is a Serbian tobacco manufacturer based in Nis Philip Morris OperationsNative nameFilip Moris OperaciјeCompany typeJoint stock companyIndustryTobaccoFounded11 June 2003 20 years ago 2003 06 11 Current form Founded in 1930HeadquartersNis SerbiaArea servedSerbiaKey peopleAleksandar Jakovljevic General director Revenue 175 70 million 2017 1 Net income 32 41 million 2017 1 Total assets 183 16 million 2017 2 Total equity 128 20 million 2017 2 OwnerPhilip Morris International 99 69 OthersNumber of employees604 2017 Websitewww wbr din wbr co wbr rs Contents 1 History 2 Market and financial data 3 See also 4 References 5 External linksHistory edit nbsp Monopol Building NisThe Nis Tobacco Factory was established in 1930 as a part of the state tobacco monopoly at its present location in Crveni Krst neighborhood of Nis 3 It was one of the largest cigarette manufacturers in Yugoslavia It offered a variety of services including the production of processed tobacco tobacco cut filler filters and other 3 During the 1990s Nis Tobacco Factory had 3 500 employees and had tens of thousands cooperators in former Yugoslavia 4 In 1999 during the NATO bombing of Yugoslavia the company s facilities were bombed allegedly by request of Philip Morris International 5 4 Nis Tobacco Factory was sold to Philip Morris in August 2003 for 518 million euros 6 It later changed the name to Philip Morris Operations In 2012 workers union protested stating that Philip Morris has never transferred 387 million euros to the Government of Serbia and also greatly reduced production 4 Market and financial data editAs of 19 December 2018 Philip Morris Operations has a market capitalization of 97 20 million euros 7 See also editMorava cigarette References edit a b BILANS USPEHA 2017 Philip Morris Operations apr gov rs in Serbian Retrieved 18 October 2018 a b BILANS STAЊA 2017 Philip Morris Operations apr gov rs in Serbian Retrieved 18 October 2018 a b Velickovic Ivan 29 July 2013 Pogresna privatizacija koreni rs in Serbian Retrieved 20 December 2018 a b c Ristovic M 28 September 2012 Radnici Duvanske industrije Nis Preispitati privatizaciju novosti rs in Serbian Retrieved 18 October 2018 Smiljanic Spasoje 9 March 2009 Podmukli udari s neba novosti rs in Serbian Retrieved 20 December 2018 Filip Moris kupuje DIN BAT kupuje DIV b92 net in Serbian 5 August 2003 Retrieved 18 October 2018 Market capitalization DINNPB Philip Morris Operations a d Nis 19 12 2018 belex rs Retrieved 20 December 2018 External links editOfficial website Philip Morris Operations in Serbian nbsp This Serbian corporation or company article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Philip Morris Operations amp oldid 1148854461, wikipedia, wiki, book, books, library,

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