Nelt Group and Philip Morris International Renew Distribution Partnership in Serbia

The agreement reaffirms both companies’ commitment to operational excellence and long-term business development in the Serbian market

Nelt Group and Philip Morris International (PMI) have signed a new five-year distribution agreement for Serbia, extending a partnership that has been in place since 2014.

The renewed deal builds on more than a decade of cooperation, during which the partnership has evolved alongside the development of Nelt Group’s distribution operations in Serbia. Both companies highlighted mutual trust, shared values and a strong record of collaboration as the foundations of their continued relationship.

Nenad Miščević, Nelt Group’s Vice President for the Serbian market, said the agreement reflected the trust the two companies had built over the years and their shared focus on delivering results. He added that the new five-year arrangement provided a solid foundation for further development and joint success.

The agreement reinforces Nelt Group’s role in distribution in Serbia and ensures the continuation of its cooperation with one of the world’s leading tobacco companies. Both sides have expressed their intention to build on the existing partnership and continue their collaboration in the years ahead.

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