Procter & Gamble Marks 60th Anniversary in Switzerland, its EMEA Headquarters
NEW YORK, Sept. 17, 2013
NEW YORK, Sept. 17, 2013 /PRNewswire/ -- Procter & Gamble, one of the world's
most admired companies, celebrated its 60^th anniversary in Switzerland on
September 9. Daniel Bangser, Director North America for Switzerland Trade &
Investment Promotion, commented that Procter & Gamble has been growing in
Switzerland ever since it started its operations in Lucerne in 1953. Its
Geneva office, established in 1956, evolved to become the headquarters for
Europe, Middle East and Africa (EMEA) in 1999.
"P&G today is among the 50 largest companies in Switzerland and also among the
largest US-based firms there in terms of employees," Mr. Bangser said. "Its
employment roster in the alpine nation numbers nearly 3,000 representing 70
nationalities. This mirrors P&G's and Switzerland's multinational and
multicultural roles on the world stage of commerce."
Vice-Chairman of P&G Global Operations Werner Geissler noted that Switzerland
is a treasure house of capabilities, experiences and attitudes making it a
fertile area for creativity and innovation. "It is a richly diverse and
stimulating country," he said.
Swiss State Secretary and Director of the State Secretariat for Economic
Affairs (SECO), Mrs. Marie-Gabrielle Ineichen-Fleisch, and President of the
Geneva State Council, Mr. Charles Beer, joined P&G for the anniversary
celebration along with more than 200 opinion leaders and CEOs, municipal and
cantonal authorities, local suppliers and partners, employees and management.
Mr. Bangser commented on Switzerland's attractiveness as an FDI destination
for North American companies. "It continues to be a major recipient of US
foreign direct investment," he said. "With direct investment from the United
States exceeding $148 billion (2009 figures) Switzerland ranks 6^th," adding,
"there are now more than 1,200 US firms in Switzerland ranging from startups
to world-leading multinationals like P&G."
SOURCE Switzerland Trade & Investment Promotion
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