Philip Morris ČR a.s. (TBK)

Profile

https://www.pmi.com/markets/czech-republic/cs/overview

Philip Morris ČR a.s. is a leading tobacco company and a subsidiary of Philip Morris International Inc., serving as the largest manufacturer and seller of tobacco products in the Czech Republic. Established in 1992 with roots tracing back to 1812 in the region, it operates a major production facility in Kutná Hora, which has been modernized to produce up to 40 billion cigarettes annually, and holds a 99 percent stake in Philip Morris Slovakia s.r.o., extending its operations across Central Europe. The company's portfolio features iconic cigarette brands such as Marlboro, L&M, Chesterfield, Petra Klasik, Sparta, and Red & White, alongside smoke-free innovations including HEETS tobacco sticks for heated tobacco systems, IQOS devices, VEEV electronic cigarettes, and accessories like Fiit and lil SOLID. With approximately 1,300 employees and a market capitalization around 38 billion CZK, Philip Morris ČR a.s. plays a pivotal role in the consumer defensive sector, particularly tobacco manufacturing and distribution, blending traditional products with reduced-risk alternatives on the Prague Stock Exchange.