2000

PTL Group was established. Its primary function was to assist in the installation of humidity control devices in tobacco factories.

Pine Technologies Limited, the first registered subsidiary of PTL Group, started trade operations in Mainland China. Its main activity was the distribution of industrial environmental technologies, focusing mainly on humidity control systems in several industrial applications such as: plastic injection, tobacco re-drying, clean rooms, and cooling rooms.

2001

PTL Group starts to provide management services focusing on back office support for foreign owned operations in Mainland China. Targeting the lack of “independence” and “presence” as the main reasons for failures in SME penetration into the Chinese markets, the group offered outsourcing key management functions in the following disciplines: HR Management, Recruitment, Logistics and Financial Management. All management functions included the legal infrastructures, staff and physical assets to allow immediate action.

PTL Group opened its first presence out of China, in the Middle East. A representative was appointed in Israel.

New offices opened in Beijing and Guangzhou. As logistics flows grew significantly, PTL Group established regional logistics centres and warehouses in Shanghai Beijing and Guangzhou.

A first assembly facility was built and operated and PTL Group established a new business model - hosting sales while backing them with locally assembled products. In the next few years, the group would focus on complimentary support systems designed to leverage our full logistic and managerial capabilities in favor of SMEs penetrating the Chinese market.

PTL Group Investment division started a joint investment with Matrix (Israel’s leading Software company) establishing John Bryce IT Training in Mainland China. By this point, PTL’s infrastructure and services, which originally applied to manufacturing and trading companies, successfully branched out to services companies as well.

PTL Group opened its first European presence. Representatives were appointed in The Netherlands and Italy.

PTL Group started to provide Business Recovery Services. Employing our pool of experienced managers in relevant disciplines, we developed our own methodology of conducting quick Operational Audits. Such audits served to optimise operations and opened the way to a transition phase (together with the existing staff) and external intervention where necessary.

PTL Group started providing services not only to foreign companies without entities in China but also to existing Chinese subsidiaries.

The Global Financial Crisis made many companies let go of their more expensive foreign managers. PTL Group started to supervise several ROs and WOFEs that had to downsize managing finance, HR and other operational tasks.

PTL Group logistics opened a specialized spare parts warehousing and RMB invoicing service. PTL Logistics started “procurement coordination and mature supply chain management” aiming to manage complex supply chains for clients supporting international projects. With clients in the medical equipment, fine chemicals, food additives and dairy farm sectors, the Group showed an adaptability to new markets and different challenges.

PTL Group formally established its Industrial Division, with Industrial project management being the main activity of this division. The industrial project process was managed, from finding the site to engineering, construction, procurement and initial production trials. The first factory project delivery was completed (Lycored) in Dec 2010.