Newsweek on Emerging Market Champions award

“Newsweek Polska” weekly published today an extensive report on Citi Handlowy’s panel discussion and Emerging Market Champions award-giving ceremony which took place during the European Forum of New Ideas:

There are already companies on the Polish market which are worth following. It is with those companies in mind that the Kronenberg Foundation at Citi Handlowy has founded the Emerging Market Champions award. This year’s winner of the award is KGHM Polska Miedź S.A., reads the article. The winner was chosen by a jury from among 36 Polish companies entered in the competition.

A conversation accompanying the presentation of the award showed that ambitions of Polish entrepreneurs, for already some time, go beyond not only the national borders, but also the borders of the European Union.

 Increasingly, European companies, including our Polish businesses, choose to expand to other continents, said Sławomir S. Sikora, CEO of Citi Handlowy right before the award was presented. A study conducted by the Kronenberg Foundation at Citi Handlowy revealed that 39 per cent of Polish companies plan to expand internationally over the next two years. More and more Polish companies deserve to be called international corporations. They operate simultaneously on many different markets, where they play an ever increasing role. What’s more, the study indicated that they do not want to rest on their laurels – just the opposite, their aim is to continue to expand and take advantage of new opportunities as they arise in their market environment, notes Piotr Kosno, Managing Director of Strategic Customers Department, Citi Handlowy.

According to Marc Merlino, head of Citi Global Banking, a lot depends in this respect on the European Union, which must, on the one hand, enhance competitiveness on the EU market and, on the other hand, meet the needs of international corporations. The EU must help its own businesses to overcome the consequences of the financial crisis. This means putting the economy back on the growth track and unlocking the potential of the market made up by over 500 million Europeans, he explained during discussions held as a part of the EFNI. 

You will find “Newsweek” article HERE.