Philip Morris Spain S.L., a subsidiary of Philip Morris International Inc., is headquartered in Madrid, Spain. Established in 1987, the company has become a significant player in the tobacco industry, focusing on the development and marketing of smoke-free alternatives. With a commitment to innovation, Philip Morris Spain has pioneered products such as IQOS, a heated tobacco system that offers a unique experience compared to traditional smoking. The company operates primarily in the Spanish market, where it has achieved notable milestones in reducing the prevalence of smoking through its transition to less harmful alternatives. Philip Morris Spain is recognised for its efforts in sustainability and public health, positioning itself as a leader in the shift towards a smoke-free future. With a strong market presence, the company continues to shape the landscape of tobacco consumption in Spain and beyond.
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