Papastratos: Announcing a new investment of 200 million and setting strong foundations for a non-cigarette future
“We are our actions” was the motto of Papastratos back in 2017 when announced the ambitious investment plan of 300 million and transformed into a dedicated tobacco heated rod production facility for Philip Morris International’s first innovative tobacco heating product, IQOS.
That investment marked the beginning of the radical transformation of Papastratos from a tobacco industry to a technology company focusing on creating technology products and chemicals and a clear vision of the end of the cigarettes. Six years later the company announces a new investment 200 million plan by creating 300 job positions with 4 new production lines for IQOS and enhancing exports and sales across Europe and Middle East. As a reward for the perfect implementation of the business plan, Greece becomes a “Country Leader” of a cluster of 8 regions in Balkans and Europe and Christos Charpantidis the man behind the transformation of the tobacco industry takes over as the President and Managing Director of Philip Morris for Europe and Middle East. The commitment of the company, “MaziProsToKalytero”, has become from words into actions. Papastratos has been voted for the third consecutive year as the best workplace in Greece with equal opportunities. Furthermore, almost 50% of the Board of Directors of the company are women. For the year 2021 -2022 company devoted 93,000 hours of training in new technologies for the employees for continuous development and personal growth. Last but not least, the company has established a sponsoring program for Culture, Arts, Sports and Environment actions, supporting the local communities and creating value for the next generation, for a non cigarette future.
Imagine wow better would the business landscape be with similar #MaziProsToKalytero initiatives!
