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...market. The U.S. consumer-products giant Philip Morris plans to produce 10 million cigarettes a year at a Dresden plant that the company is acquiring from VEB Kombinat Tabak, East Germany's state-owned tobacco company. "We really don't consider East Germany part of Eastern Europe," says John Dollisson, a Philip Morris vice president. "Selling in Dresden should be the same as selling in Munich or Hamburg...

Author: /time Magazine | Title: New Kids on the Bloc | 7/2/1990 | See Source »

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