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J & J fixes date for subsidiary. (Johnson and Johnson sets January 1, 1997 start date for Israeli subsidiary)

About 1 pages (162 words)

Israel Business Today, June 10th, 1996

Johnson & Johnson has begun the countdown to the opening of its Israeli subsidiary. A spokesperson for the giant U.S. concern said the new company will start operations on January 1st 1997.

The concern is currently holding talks with a number of candidates for the position of managing director of the new company and discussions are taking place with local distributors with a view to formulating the company's future mode of operations in the Israeli market. Until now, Johnson & Johnson's interests in ...

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