Imperial Brands Becomes First Tobacco Major to Suspend Russian Operations

Imperial Brands issued a press release today stating it will suspend manufacturing and sales of its tobacco products in the Russian Federation. The company operates a manufacturing facility in Volgograd and is estimated to be the fourth largest tobacco company operating in Russia, holding approximately 8.4% share of the market during 2020. Imperial Brands stated … Continue reading Imperial Brands Becomes First Tobacco Major to Suspend Russian Operations