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“We will quit the cigarette business and only offer products with reduced risk,” Austro-German boss Markus Essing said at an event in Berlin. No specific timetable was given.
A worldwide withdrawal from the tobacco business could occur within 10 to 15 years, the company said in a statement to the APA news agency on Wednesday. However, this will probably not happen simultaneously in different countries.
According to media reports, Philip Morris will only offer tobacco heaters and electronic cigarettes in the future that contain fewer harmful substances than conventional tobacco products.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
