Philip Morris Europe region president Massimo Antolina on Wednesday announced a new 200-million-euro production line at the multinational’s Papastratos facility in the Aspropyrgos industrial district, west of Athens proper.

The newly announced investment is billed as creating 300 new job spots, with Philip Morris subsidiary in Greece, Papastratos, setting a target of exports worth 300 million euros annually.

Philip Morris International (PMI) has cited total investments in Greece, current and planned, as reaching 700 million euros.

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