Philip Morris Baltic is the Lithuanian affiliate of Philip Morris International (PMI) and one of the country’s most significant long‑term foreign investors. PMI entered Lithuania in 1993 as the first major international investor and, in 1997, opened a state‑of‑the‑art manufacturing facility in Klaipėda—one of the earliest large greenfield industrial investments in the Baltic region.

Since then, the company has invested more than €400 million in production modernization and infrastructure, contributed over €4 billion in taxes, and today employs nearly 1,200 people across its operations and supply chain. The Klaipėda factory remains a key driver of Lithuania’s export performance

PMI is the sole owner of Swedish Match, following PMI’s full acquisition of the company completed between late 2022 and February 2023. Swedish Match — a Stockholm‑based global manufacturer of smoke‑free products, including the market‑leading ZYN nicotine pouches — now operates as part of PMI’s smoke‑free portfolio. This integration brings together Swedish Match’s long Scandinavian heritage, strong product innovation capabilities, and leadership in oral nicotine with PMI’s global scale, scientific expertise, and commitment to delivering a smoke‑free future.