The international company was supported in its relocation by FrankfurtRheinMain GmbH International Marketing of the Region (FRM GmbH) in cooperation with the Frankfurt Economic Development Council Frankfurt.
Peter Feldmann, Chairman of the Supervisory Board of FrankfurtRheinMain GmbH International Marketing of the Region and Lord Mayor of the City of Frankfurt welcomes the expansion of the company. He says, "We are delighted to welcome the PM Group as a new member of the Frankfurt business community. This settlement clearly shows that the city of Frankfurt, in cooperation with the entire region, remains highly attractive as a business location even in difficult times. Companies with international operations appreciate the proximity to all European markets that the Frankfurt RheinMain Region offers them."
PM Group can look back proudly on a 48-year success story. The company was founded in 1973 by two Irish engineers. At the end of the 1990s, the project management experts opened its first international office in Great Britain and a short time later another one in Poland. In 2007, PM Group expanded to Asia and opened its own office in Singapore, followed by Shanghai four years later. The company is also active in the U.S. market: in 2010, PM Group commenced operations in San Jose, and in 2017, an office was opened in Boston. In 2021, the company grew to more than 3,000 employees. PM Group specialises in project management, process design, facility planning and construction management services. In 2020, the company posted revenue at 398 million Euros. More than 3,000 personnel take care of globally renowned customers such as Bayer, Volkswagen, Lufthansa Technik, Pfizer, J&J, MSD, Roche, Johnson Matthey and Facebook.
Richard Horvath, Operations Manager - Germany, PM Group: "Frankfurt is centrally located in one of the fastest growing markets in our key sectors. Therefore, I am very excited about the opportunity to build a significant German office with a local German team. The necessary expertise and support for this committed goal will also come from PM Group's other European offices."
The Frankfurt office will provide engineering design and construction management services to clients in the life sciences, data center and automotive industries and will be part of the global network of 16 offices. The company plans to build a team of 50 employees and aims to double this over the next few years.
"It makes us proud that we were able to support PM Group in expanding their operations to Frankfurt am Main. One of the reasons for locating here is that the company can reach its customers in Germany and throughout Europe quickly and easily. This features consistently as one of our location success factors, a story we are proud to narrate even abroad – despite the altered circumstances imposed by the pandemic," says Eric Menges, Managing Director of FrankfurtRheinMain GmbH International Marketing of the Region.