Phillip Morris Determined to Become Leading Brand in Bulgaria

Business | June 6, 2007, Wednesday // 00:00| Views: | Comments: 2
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Bulgaria: Phillip Morris Determined to Become Leading Brand in Bulgaria Photo by Yuliana Nikolova (Sofia Photo Agency)

The leading cigarette manufacturer "Philip Morris" is determined to turn into a leading brand on the Bulgarian market, the field manager for the country Andrei Vasilescu said on Wednesday.

Vasilescu made his statement after he signed a memorandum for cooperation with the Bulgarian Customs Agency.

The memo provides for joint fight against illegal trade with tobacco products, cigarettes smuggling and unpaid taxes. The memo provides also for mechanisms for exchange of information between the company and the agency.

"We have serious long-term plans for development in Bulgaria and we will seek to become brand N1 in the country," Vasilescu said.

Philip Morris has no plans to join the privatisation of the Bulgarian tobacco monopoly Bulgartabac, but the company plans to increase its market share in the country, according to him.

The company stepped on the Bulgarian market a year ago as a leading importer of cigarettes.
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» To the forumComments (2)
#2
Mart - 7 Jun 2007 // 07:47:07

Two daggers wedged in Bulgaria back, both bad for the health and wealth of the country!

#1
plamenski - 6 Jun 2007 // 21:12:45

In times, when many european countries are banning smoking and the local BulgarTabac is turmoil, novinite.com engages in PR services for a foreign tobacco company!

I know there are salaries to pay but what about professional ethics?

Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria