An American company Procter&Gamble Co. was established in 1837 thanks to two entrepreneurs, who were brave enough to start manufacturing candles and soap during a difficult period in the country's history. Later, a thorough approach to the business helped the company to survive economic troubles in the country and become one of the largest manufacturers in the world. Today, Procter&Gamble is a transnational company of the global scale, dealing in manufacturing of care products, household chemicals, home products, and other consumer goods. Among non-food products, manufactured within the last decades, a special place belongs to baby diapers Pampers (has been produced since 1961) and washing powder Tide that has been manufactured since 1946. Procter&Gamble company is rapidly developing so that it managed to establish a full-fledged network of research institutes in various countries. The annual research expenditure amounts to not less than $1 billion. By 2016, in the company's portfolio appeared about 10 product categories and around 65 brands that are distributed in 70 countries all around the world.
According to the results of the last accounting period, the company’s sales increased by 2% compared to the previous financial year, amounting to $ 34.04 billion. The company is famous for its stable dividends payment to its shareholders.
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