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Where there is no law, but every man does what is right in his own eyes, there is the least of real liberty
Henry M. Robert

Legal and Taxed Marlboro and Parliament

13 November, 2012 - 00:00

The world-renown Philip Morris Company, operating in 180 countries with $70 billion annual turnover, is taking a stronger foothold in Ukraine, placing new production facilities in Donetsk oblast and the Crimea.

It is expected to invest some $200 million in the new construction project and the firm’s Executive Director George Farah says that the new production line will have an annual output of 12-15 billion cigarettes. In this way contraband cigarettes will be crowded out of the market and the state budget will enjoy a healthy income supplement. As for prices, there is little hope that they will fall. The Ministry of Health warning also remains in force.

Photo by Viktor Marushchenko, The Day

 

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