Philip Morris to end cigarette production in Netherlands
Philip Morris International will end cigarette production at its factory in the Netherlands as more Europeans break the smoking habit for financial and health reasons.
The company said Friday that it has started talks with employee representatives on a proposal to end production at the factory in Bergen op Zoom. If production is ended, it could impact about 1,230 of the site's 1,371 employees.
Philip Morris International Inc., based in New York, reports that in the past four years, cigarette sales have decreased in Europe because of economic weakness, illicit trade and consumers shifting to cheaper alternative products. The company said that volume recovery is highly unlikely.
Europeans are also quitting.
Philip Morris Holland anticipates cigarette production at the factory will end by October.
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