World Economic Forum Honours 132 Companies as Global Growth Companies

World Economic Forum Honours 132 Companies as Global Growth Companies

  • world economic forum132 of the world’s fastest-growing companies have been invited to join the Global Growth Companies community at the Forum’s Annual Meeting of the New Champions.
  • Companies are nominated on the strength of their potential to become global economic leaders and drawn from a broad spectrum of sectors, including banking, energy and aviation.
  • The Global Growth Companies community currently consists of 400 companies from around the world.
  • For more information about the meeting:

Dalian, People’s Republic of China, 8 September 2015 – The World Economic Forum today announced its selection of Global Growth Companies (GGCs) for 2015, consisting of 132 of the world’s most dynamic and high-growth companies. As honourees, these companies are given the opportunity to join the larger GGC community at the Forum’s ninth Annual Meeting of the New Champions, taking place on 9-11 September in Dalian, People’s Republic of China.

The Forum’s Community of Global Growth Companies brings together influential and fast-growing companies as innovators and market shapers, and supports their potential for impact in their region, their sector and around the globe.

This year’s GGC honourees represent a cross-section of industry sectors and share a track record of exceeding industry standards in revenue growth, promotion of innovative business practices and demonstration of leadership in corporate global citizenship.

Some of the GGC honourees present in Dalian are:
Advanced Holdings Ltd (Singapore) – Global engineering organization active in the oil & gas and chemical industries
Amata Corporation Pcl (Thailand) – Largest listed conglomerate in the industrial estate sector in Thailand
Ethiopian Airlines (Ethiopia) – National carrier of Ethiopia, serving over 80 international destinations
Globalance Bank Ltd (Switzerland) – Innovative private bank that specializes in sustainable investments
Hoa Sen Group (Vietnam) – One of the largest manufacturers of building materials in Vietnam
ironSource Ltd (Israel) – World-leading platform for software discovery, distribution and delivery
Meikles Limited (Zimbabwe) – One of the largest conglomerates in Zimbabwe, with over 100 years of history
National Microfinance Bank Plc (Tanzania) – One of the largest commercial banks in Tanzania
One97 Communications Ltd (India) – India’s leading mobile internet company and payment solutions provider
Parami Energy (Myanmar) – Major regional player in the field of power, construction and oil & gas
Schandy (Uruguay) – Leading business group operating in the field of shipping, ports and logistics
Silverlake Axis Limited (Malaysia) – Leading provider of state-of-the-art digital economy solutions and services
Snapdeal (India) – Largest online marketplace in India, serving tens of millions of customers
Trade & Development Bank of Mongolia (Mongolia) – Leading provider of banking and financial services
Waltersmith Petroman Oil Limited (Nigeria) – Indigenous fast-growing petroleum producing company

“When choosing entrants to our Community of Global Growth Companies, we assess companies on their business model, annual revenues and growth rates, executive leadership and market position. The 2015 honourees represent a dynamic group with clear potential to shape the future in different business sectors and therefore are a perfect fit for our GGC community,” said Olivier M. Schwab, Head of Business Engagement at the World Economic Forum.

The list of 2015 honourees can be downloaded here. Over 80 new companies have joined the GGC community over the last year, and their names can be viewed here. Overall, the GGC community consists of over 400 enterprises worldwide. These companies contribute to the Forum’s meetings, projects and knowledge products; in turn, the Forum supports them on their path to achieving responsible and sustainable growth.

The World Economic Forum recognizes new GGCs through a rigorous selection process. Candidates are drawn from a pool of highly qualified companies following a worldwide nomination process. Individuals with a strong understanding of companies that might qualify as a GGC are invited to submit nominations for the next selection cycle. To nominate a company, please complete the online form here.

GGC honourees will join the GGC community in Dalian on 9-11 September. Convening under the theme Charting a New Course for Growth, the ninth Annual Meeting of the New Champions will bring together the Forum’s Members, Partners and all of its future-oriented communities to explore innovative and entrepreneurial responses to the new growth challenge.

The Co-Chairs of the meeting are: Mitchell Baker, Executive Chairwoman, Mozilla Foundation, USA; Nathan Blecharczyk, Chief Technology Officer and Co-Founder, Airbnb, USA; Cheng Wei, Founder, Chairman of the Board and Chief Executive Officer, Didi Kuaidi, People’s Republic of China; Francis S. Collins, Director, National Institutes of Health, USA; Ken Hu, Deputy Chairman and Rotating Chief Executive Officer, Huawei Technologies, People’s Republic of China; Li Ruigang, Founding Chairman, CMC Capital Partners, CMC Holdings, People’s Republic of China; Carlos Moedas, Commissioner, Research, Science and Innovation, European Commission, Brussels; and Jeffrey R. Tarr, President and Chief Executive Officer, DigitalGlobe, USA.