Philip Morris International drives €410m in value across Portugal’s economy.

Philip Morris International (PMI) is among Portugal’s top 50 companies and largest taxpayers. A new study by Iscte presents PMI’s contribution to Portugal’s economy (2019-2023) as it advances its smoke-free transformation.

Key figures:

• €422 million in direct investment in Portugal since 1997
• €829 million in finished goods exported by Tabaqueira in 2024
• €436 million added to Portugal’s trade balance
• 44,000 jobs supported nationwide, including 1,469 employees at Tabaqueira in 2024
• 3,000 local suppliers engaged across Portugal

Download the report to explore PMI’s full economic impact in Portugal.

Download the study