EMERGING MARKET CHAMPIONS CITI HANDLOWY COMPETITION
The idea of the Emerging Market Champions competition, organized by the Kronenberg Foundation at Citi Handlowy since 2014, is selecting and awarding the leaders of entrepreneurship developing their business activities abroad. The award is given not only to Polish companies conquering international markets, but also to emerging markets entities successful in investing in Poland and thus contributing to higher employment rate and economic growth of the country. This year’s edition is expanded by a new category – e-commerce.
The laureates of three editions of the Competition were: KGHM Polska Miedź S.A. (1st edition), Nowy Styl Group, Samsung Electronics (2nd edition), Amica S.A. and Cemex Polska sp. z o.o. (3rd edition), Maspex, LG Chem Poland sp. z o.o. (4rd edition).
Rules of the competition
IIn order to take part in the competition, a company has to be nominated by the Council of Experts – a group of nearly 300 representatives of economic, business and academic circles, journalists and representatives of the diplomatic corps. To fulfil the formal requirements of the competition, every nominee needs to have operated on the market for at least three years, and run its business in more than one country.
The winners of the competition in 3 categories are selected from among the nominees by the Competition Jury headed by Andrzej Olechowski, President of the Supervisory Board of the Bank. The Jury assesses the scale of investments, the efficiency of a company's operation on foreign markets and the geographic reach of its expansion; additionally, companies investing in Poland are also evaluated by their influence on the local labor market. In the e-commerce category, companies will be assessed in terms of implemented digital technologies in sales or production processes.
On 28 September 2018, plenary session organized as a part of the European Forum for New Ideas in Sopot hosted a ceremony of presenting Emerging Market Champions awards.
The project is complemented by research into the climate for business in Poland and global potential of Polish businesses. The main idea behind the research, conducted every year, is to identify key success drivers for expanding a business abroad