Famous cigarette brand to close its last factory
Philip Morris has decided to close its final cigarette production facility in Dresden, Germany, which will result in many employees losing their jobs.
The German city of Dresden was once known as the center of the tobacco industry. However, cigarette production there is steadily declining. Philip Morris, one of the world's leading tobacco companies, announced that it will close its last production facility in Germany on July 31. This decision will lead to the majority of its 274 employees becoming unemployed. It is stated that some employees will be transferred to the facility in Berlin.
Philip Morris had previously announced that the factories in Berlin and Dresden would close by the end of 2024. Currently, tobacco is processed and cigarettes are produced at these facilities, but in Berlin, only tax stamps for the German market will be printed. This situation means that the company is completely ending its tobacco production in Germany.
THE HISTORICAL SIGNIFICANCE OF DRESDEN
Once home to more than 140 cigarette factories in Saxony, Dresden was the heart of Germany's tobacco industry. However, the decrease in the number of smokers across Europe and the drop in demand have caused a serious decline in the tobacco sector. The continuation of this trend has brought an end to tobacco production in Dresden.
News Source: 12punto
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