PM-International AG

PM-International was founded by Rolf Sorg in 1993 at Limburgerhof in Germany. The company is currently located in the Grand Duchy of Luxembourg and since 2015 has been operating from its headquarters in Schengen . ^[3] In the same 1993, the first subsidiary PM-International was founded in Poland. ^[four]

In 1994, the company opened its holding in Luxembourg. ^[4] In 1995, FitLine's dietary supplementation line was introduced. ^[five]

In 2000, PM-International created a scientific expert group whose tasks are to ensure high quality products and provide scientific advice on the composition of products. ^[5] In 2003, the company opened its own European logistics center in Speyer (Rhineland-Palatinate Rheinland-Pfalz). ^[6] In 2005, the legal form of GmbH (limited liability company) was changed to AG not registered on the stock exchange (joint-stock company). ^[7]

In 2011, the Frankfurt-on-Maine High Court upheld the legitimacy of the PM-International marketing plan. ^[8] In 2013, the TÜV Hessen certification company claimed that PM-International is an “honest direct selling company”. ^[9]

In 2015, the headquarters of PM-International in the Asia-Pacific region began in the city-state of Singapore , and in the same year the company opened its international headquarters in Schengen (Luxembourg). ^[3] In 2016, the founder and CEO of PM-International, Rolf Sorg, became a member of the Board of Directors of the World Federation of Direct Selling Associations (WFDSA). ^[ten]

In 2016, PM-International AG signed a strategic cooperation agreement with the Luxembourg Institute of Science and Technology (LIST), a scientific and technical organization that develops advanced technologies and innovative products and services for industry and society. ^{[11] [12]}

Today, PM-International employs more than 500 employees around the world, and sales revenue in 2016 amounted to 460 million US dollars. ^[13] As of April 2017, the company operates internationally and distributes its products in 35 countries. ^[14] PM-International is a member of the WFDSA. ^[15]

PM-International is a manufacturer and marketer of nutritional supplements, weight control products, sports nutrition, and personal care products. ^{[16] [17] [18]} In its trading activities, the company uses a direct sales model. ^{[19] [20] [21]}

Sports sponsorship and sports nutrition supplies

Thanks to the FitLine brand, PM-International has become an official sponsor and supplier of products for several European sports associations: the German Ski Federation, ^{[22] the} German Hockey Federation, ^{[23] the} German Cycling Federation, ^[24] the Polish Ski Association ^[25] and a number of others.

• In 2016, the PM-International took 41st place in the list of the most profitable network companies in the world. ^[15]