PR Newswire
02 Aug 2022, 23:30 GMT+10
Mowilex earns recognition for its commitment to sustainability, innovation and leadership
JAKARTA, Indonesia, Aug. 3, 2022 /PRNewswire/ -- PT Mowilex Indonesia (Mowilex) has earned a 2022 Best Managed Companies in Indonesia award from Deloitte, becoming the only paint company to receive the prestigious honour. The Indonesia's Best Managed Companies program recognises top privately-owned Indonesian companies for their organisational success, industry contributions and economic impact.
An independent panel evaluated applicants against a framework applied to 1,200 other companies in 48 countries worldwide. Judges reviewed strategy, management quality, capabilities and innovation, culture and commitment, and governance and financials.
Mowilex stood out among a large and competitive field thanks, in part, to its commitment to quality and environmental responsibility.
"An award is a snapshot in time, not a destination. Mowilex faces complex challenges and formidable competition, but we succeed when we embrace leadership opportunities and strive for continuous improvement," says Niko Safavi, CEO of PT Mowilex Indonesia. "Our vision is to be the most trusted paint brand in our market. This Deloitte recognition proves that we can be just that."
Safavi received the Best Managed Companies award during a July ceremony at the Hotel Pullman Jakarta. Several Deloitte representatives gathered to recognise Mowilex and other 2022 winners.
"The inclusion of these six companies in this year's winners' list, as well as their contributions to the business community and the Indonesian economy, should make them extremely proud. These companies are at the forefront of their industries, having demonstrated such creativity and innovation, especially over the past couple of years. We applaud the 2022 winners of Indonesia's Best Managed Companies," says Claudia Lauw, Country Managing Partner, Deloitte Indonesia.
By participating in the evaluation process, business leaders gain insights that help them refine operations and optimize growth.
"It can be difficult for people outside our industry to get excited about paint, and we appreciate that Deloitte chose Mowilex from a field of large, well-managed companies and high-profile unicorns here in Indonesia," says Safavi. "Each Mowilex team member does their part to work efficiently and effectively. This Best Managed Companies award recognises that company-wide commitment to success."
The Indonesia's Best Managed Companies award is based on the 29-year-old global Best Managed Companies program, an initiative of Deloitte Private. For information on Mowilex products and sustainability initiatives, please visit mowilex.com/en.
SOURCE PT Mowilex Indonesia
Get a daily dose of Asia Pacific Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Pacific Star.
More InformationBEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...
]LONDON, U.K.: A World Health Organization (WHO) expert group investigating the origins of the COVID-19 pandemic released its final...
FRANKFURT, Germany: Germany has become the latest country to challenge Chinese AI firm DeepSeek over its data practices, as pressure...
Nearly three months after a devastating earthquake struck Myanmar, the country remains trapped in a deepening crisis, compounded by...
New Delhi [India], July 3 (ANI): A new trade agreement between the United States and Vietnam is raising concerns and offering key lessons...
Washington, DC [US], July 2 (ANI): US President Donald Trump was yet again at his rhetoric against the Democratic mayoral nominee for...
NEW YORK, New York - U.S. stocks diverged on Wednesday for the second day in a row. The Standard and Poor's 500 hit a new all-time...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...
KABUL, Afghanistan: Afghanistan, long associated with war and instability, is quietly trying to rebrand itself as a destination for...
SANTA CLARA, California: Executives at Nvidia have quietly been cashing in on the AI frenzy. According to a report by the Financial...
NEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central...
TORONTO, Canada: Canadian Prime Minister Mark Carney announced late on June 29 that trade negotiations with the U.S. have recommenced...