The German Sporting Goods Manufacturer Puma Group Has Operated In Israel.
Germany
Sporting goods manufacturing
The Puma group has built a new wholly owned subsidiary in the region of Israel.
According to the company's report on Wednesday (May 16, 2012), Puma group's operation in Israel will start operation in January 1, 2013, and Guy Daneman will act as president.
As of December 31, 2012, Puma group's sports products will be authorized to sell in Grundman sporting goods company.
Puma group
It will strengthen its market positioning in Europe, the Middle East and Africa, and make full use of the market potential in Israel.
The group also plans to start its own business in the favorable strategic areas starting from 2013 to make full use of the growth potential of Israel in the framework of its 5 year marketing plan "Back on the Attack".
At present, the stock price of Puma group has risen by 2.78% to 255.75 euros per share.
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