On June 7 and 8, PM-International welcomed more than 3,300 Top Leaders to Berlin for their annual World Management Congress. This record-breaking number of international participants from 45 countries highlights the event’s role as a key platform for bringing people together.
Global expansion and growth targets
In his speech, CEO and Founder Rolf Sorg talked about the future of PM-International and the next milestone his company is aiming for: “With ‘Go5’, we have set ourselves a clear goal: reaching the TOP5 in our industry ranking and achieving annual sales of 5 billion USD by the end of 2026.”
With an annual sales of 3 billion USD in 2023, PM-International keeps on driving sustainable growth. The company announced an investment of 25 million Euros into its distribution partners, as well as 40 million Euros into its infrastructure over the next two to three years.
These include the recently finished second administration building at its international headquarters in Luxembourg and a third administrative building at its European headquarters and logistics center in Germany. The company also acquired a land to upgrade its Americas headquarters in Florida, USA.
After its Grand Opening Bulgaria in early 2024, PM-International continues to enter new markets. Next, the expansion to Hungary, Czech Republic, Romania and Kazakhstan is on the agenda, the company said.
Innovation that drives business
Digital transformation was one key factor for PM-International’s growth in recent years. The company now offers a fully digital customer journey and is developing further new tools to support its distributors with a mobile-first approach. At the World Management Congress, PM-International Chief Technological Officer Márton Fülöp introduced “PM Wiki”, an AI-powered information help center, and said, “Our new PM Wiki is tailor-made to quickly answer the most common question of our distributors. It will progressively get better and better.”
With the goal of “transformation today, leader tomorrow”, PM-International plans to invest another 7-9 million Euros in its digitalization over the next 3 years.
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