Philip Morris International releases EU economic footprint study for 2021-2025

On October 20, 2026, Philip Morris International (PMI) published the second edition of its EU Economic Footprint Study, prepared by EY-Parthenon. The report analyzes the company’s economic impact across the European Union during the 2021–2025 period, highlighting its role in supporting various sectors including manufacturing, research, and retail.

The study reveals that PMI contributed nearly €343 billion to the EU economy over this timeframe. Specific financial highlights include €22.3 billion paid to European suppliers, €27.4 billion invested in European operations, and €39.5 billion generated through exports. Additionally, the company’s European value chain supported approximately 164,000 jobs in 2025. PMI emphasized that its business model has shifted significantly during this period, noting that in the fourth quarter of 2025, more than half of its net revenues in Europe were derived from smoke-free products.

This study serves to demonstrate the scale of the company’s operations and its ongoing industrial transformation within Europe. While the company continues its transition toward smoke-free alternatives, the report underscores its continued reliance on a broad network of European stakeholders, including farmers and local communities, to maintain its economic footprint.