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 Bulletin 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 Bulletin.
More InformationANDONG, South Korea: Wildfires in South Korea have doubled in size in just one day, making them the country's worst fire disaster....
WASHINGTON, D.C.: Boeing is now heading to trial this summer, after a U.S. judge unexpectedly set a date in the criminal fraud case...
RALEIGH/COLUMBIA: Dry weather, strong winds, and fallen trees from Hurricane Helene have sparked wildfires in North Carolina and South...
GENEVA,.Switzerland - The International Federation of Red Cross and Red Crescent Societies (IFRC) has expressed profound outrage following...
RIYADH, Saudi Arabia: Tesla is finally entering Saudi Arabia, with a launch scheduled for next month—marking a significant shift in...
BRUSSELS, Belgium: Apple appears to have dodged a major regulatory setback in Europe, following recent changes to how users select...
NEW YORK, New York - U.S. stock markets traded sideways on Tuesdays as investors weighed up the impact U.S. Preident Donald Trump's...
NEW YORK CITY, New York: A drop in mortgage rates and more housing inventory helped drive a surge in mortgage activity at Bank of America...
WASHINGTON, D.C.: U.S. President Donald Trump said this week he would work to see federal funding end for news outlets NPR and PBS....
LONDON/NEW YORK CITY: A cup of coffee could soon cost you a lot more. Roasters worldwide are warning of double-digit price hikes as...
NEW YORK, New York - Industrial stocks advanced while the tech sector was under considerable prressure Monday as Liberation Day, approaches....
BERLIN/DETROIT: Automakers worldwide are bracing for the impact of sweeping new U.S. tariffs that could reshape global vehicle production...