From: Q Costa Rica
The company says the tax burden on cigarettes and the increase in illegal cigarette smuggling led to the closure of production in the country
The Mendiola & Compañía, a subsidiary and 100% owned by Philip Morris International (PMI), absorbed the Tabacalera Costarricense S.A. and in addition, it will stop producing cigarettes in the country.
As a result of the merger, the company will lay off 45 employees, reducing its operation in Costa Rica to 200 workers, confirmed Susana Salas, corporate affairs manager at Mendiola & Compañía.
The company’s main brands in Costa Rica are Derby, Marlboro, and L&M.
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