Philip Morris International (PMI) subsidiary Papastratos Cigarette Manufacturing will invest EUR 25 million into new production lines to turn its factory into an export centre with doubled capacity, said the business website ekathimerini.com.

Seven production lines and a unit for tobacco processing will be installed in a project to be finished by mid-2015, the website reported. As many as 50 jobs could be created at the factory which employs 270, said ekathimerini.com.
Papastratos inaugurated a new factory in Aspropyrgos in 2009, which at the time represented a EUR 100 million investment. In 2013, PMI and Papastratos said the leaf warehouse in Agrinio would become a logistics hub for oriental tobacco in Europe.