PMI in Charge of Sales in Ukraine
KT&G's cigarette-type e-cigarette "Lil SOLID" and its exclusive stick "Fiit" were launched in Ukraine on Sept. 7 (local time). This is the second achievement of collaboration between KT&G and Philip Morris International (PMI) following the launch of the product in Russia.
KT&G and PMI are stepping up their efforts to penetrate the global e-cigarette market as they expanded their presence to Ukraine in Eastern Europe about three weeks after the launch of Lil SOLID in Russia on Aug. 17. Ukraine has a population of about 42 million. Like Russia, Ukraine has many consumers who have interest in e-cigarettes.
In Ukraine, "Lil SOLID" comes in three colors -- dark navy, white and blue. Its exclusive stick also comes in three types -- Fiit REGULAR, Fiit VIOLA, and Fiit CRISP. They are the same products as those launched in Russia.
Under the deal with KT&G, PMI will fully manage product sales by utilizing its resources, knowledge and infrastructure in the Ukrainian market.