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{{short description|Tobacco company in Niš, Serbia}}
{{Infobox company
| name             = Philip Morris Operations
| logo             = 
| logo_size        = 
| logo_caption     = Official logo
| image            = 
| image_caption A  = 
| trading_name     = <!-- d/b/a/, doing business as - if different from legal name above -->
| native_name      = Филип Морис Операције
| native_name_lang = sr
| romanized_name   = 
| former_name      = 
| former type      = 
| type             = [[Joint-stock company]]
| traded_as        = 
| industry         = [[Tobacco]]
| genre            = <!-- Only used with media and publishing companies -->
| fate             = 
| predecessor      = 
| successor        = 
| foundation       = {{Start date and age|2003|06|11|df=yes}} {{small|(Current form)}}<br>Founded in 1930
| founder          = 
| defunct          = <!-- {{End date|YYYY|MM|DD}} -->
| location_city    = [[Niš]]
| location_country = [[Serbia]]
| locations        = <!-- Number of locations, stores, offices, etc. -->
| area_served      = Serbia
| key_people       = Aleksandar Jakovljević {{small|(General director)}}
| products         = 
| brands           = 
| production       = 
| services         = 
| revenue          = {{decrease}} [[Euro|€]]175.70 million {{small|(2017)}}<ref name="report2017">{{cite web|title=БИЛАНС УСПЕХА (2017) - Philip Morris Operations|url=http://pretraga3.apr.gov.rs/docRepo/download?xbcd=7100056293074&xrnd=1B08367B546AB1A697A51E5D20021EA42CA1D57A|website=apr.gov.rs|accessdate=18 October 2018|language=Serbian}}</ref>
| operating_income = 
| net_income       = {{increase}} €32.41 million {{small|(2017)}}<ref name="report2017" />
| aum              = <!-- Only used with financial services companies -->
| assets           = {{decrease}} €183.16 million {{small|(2017)}}<ref name="report2017ass">{{cite web|title=БИЛАНС СТАЊА (2017) - Philip Morris Operations|url=http://pretraga3.apr.gov.rs/docRepo/download?xbcd=7100056293067&xrnd=FD101D4AC726883D63605F465AE825EF40FF5D4B|website=apr.gov.rs|accessdate=18 October 2018|language=Serbian}}</ref>
| equity           = {{increase}} €128.20 million {{small|(2017)}}<ref name="report2017ass" />
| owner            = [[Philip Morris International]] {{small|(99.69%)}}<br>Others
| num_employees    = 604 {{small|(2017)}}
| parent           = 
| divisions        = 
| subsid           = 
| homepage         = {{URL|http://www.din.co.rs/}}
| footnotes        = 
| intl             = 
| bodystyle        = 
}}
'''Philip Morris Operations''' or '''Niš Tobacco Factory''' is a Serbian [[tobacco]] manufacturer based in [[Niš]].

==History==
[[File:Monopol Niš.jpg|thumb|right|Monopol Building Niš]]
The Niš Tobacco Factory was established in 1930 as a part of the state tobacco monopoly at its present location in [[Crveni Krst, Niš|Crveni Krst]] neighborhood of [[Niš]].<ref name="history">{{cite news |last1=Veličković |first1=Ivan |title=Pogrešna privatizacija |url=http://www.koreni.rs/pogresna-privatizacija/ |accessdate=20 December 2018 |work=koreni.rs |date=29 July 2013 |language=Serbian}}</ref> It was one of the largest cigarette manufacturers in Yugoslavia. It offered a variety of services, including the production of  processed tobacco, tobacco cut filler, filters and other.<ref name="history" />

During the 1990s, Niš Tobacco Factory had 3,500 employees and had tens of thousands cooperators in former Yugoslavia.<ref name="ugovorfmoris">{{cite news |last1=Ristović |first1=M. |title=Radnici Duvanske industrije Niš: Preispitati privatizaciju |url=http://www.novosti.rs/vesti/srbija.73.html:398997-Radnici-Duvanske-industrije-Nis-Preispitati-privatizaciju |accessdate=18 October 2018 |work=novosti.rs |date=28 September 2012 |language=Serbian}}</ref> In 1999, during the [[NATO bombing of Yugoslavia]], the company's facilities were bombed, allegedly by request of [[Philip Morris International]].<ref>{{cite news |last1=Smiljanić |first1=Spasoje |title=Podmukli udari s neba |url=http://www.novosti.rs/dodatni_sadrzaj/clanci.119.html:279550-Podmukli-udari-s-neba |accessdate=20 December 2018 |work=novosti.rs |date=9 March 2009 |language=Serbian}}</ref><ref name="ugovorfmoris" />

Niš Tobacco Factory was sold to [[Philip Morris International|Philip Morris]] in August 2003 for 518 million euros.<ref name="filipmoris2003">{{cite news |title="Filip Moris" kupuje DIN, BAT kupuje DIV |url=https://www.b92.net/info/vesti/index.php?yyyy=2003&mm=08&dd=05&nav_category=9&nav_id=115924 |accessdate=18 October 2018 |work=b92.net |date=5 August 2003 |language=Serbian}}</ref> It later changed the name to Philip Morris Operations. In 2012, workers union protested, stating that Philip Morris has never transferred 387 million euros to the [[Government of Serbia]] and also greatly reduced production.<ref name="ugovorfmoris" />

==Market and financial data==
As of 19 December 2018, Philip Morris Operations has a market capitalization of 97.20 million euros.<ref name="mcap">{{cite web |title=Market capitalization – DINNPB - Philip Morris Operations a.d. , Niš - 19.12.2018. |url=https://www.belex.rs/eng/trgovanje/hartija/dnevni/DINNPB |website=belex.rs |accessdate=20 December 2018}}</ref>

== See also ==

* [[Morava (cigarette)]]

==References==
{{reflist}}

==External links==
* {{official website|http://www.din.co.rs/}}
* [http://www.din.co.rs/ Philip Morris Operations] {{in lang|sr}}

[[Category:1930 establishments in Serbia]]
[[Category:2003 mergers and acquisitions]]
[[Category:Companies based in Niš]]
[[Category:Manufacturing companies established in 1930]]
[[Category:Philip Morris International]]
[[Category:Serbian brands]]
[[Category:Tobacco companies of Serbia]]

{{Serbia-company-stub}}