The World Economic Forum has announced its selection of 28 Global Growth Companies (GGCs) in Europe, Eurasia and the Middle East at the World Economic Forum Special Meeting on Unlocking Resources for Regional Development, which took place in Istanbul on 28-29 September.

These fast-growing companies, representing a broad cross section of industry sectors, have been selected for exceeding industry standards in revenue growth, promoting innovative business practices and their leadership in corporate citizenship.

The selected companies are: Al Baraka Banking Group (Bahrain), Outotec (Finland), Soprema(France), Poujoulat (France), Mane (France), Zalando SE (Germany), Fidor Bank (Germany), BMZ(Germany), Leica Camera (Germany), Novamont (Italy), Bonfiglioli Riduttori (Italy), Altri (Portugal),Prognoz ZAO (Russian Federation), Qiwi (Russian Federation), Svyaznoy Group (Russian Federation), Technonicol (Russian Federation), Velle Oats (Russian Federation), Saudi German Hospitals (Saudi Arabia), National Technology Group (Saudi Arabia), Desigual (Spain), Ebuzzing and Teads (Switzerland), Seranit Group (Turkey), Bayt.com Inc (UAE), Al Hilal Bank (UAE), Air Arabia (UAE), Owen Mumford (United Kingdom), Dialog Semiconductor (United Kingdom) andAVEVA (United Kingdom).

“The World Economic Forum is proud to recognise these 28 champions that are at the forefront of driving responsible economic growth, job creation and entrepreneurism in Europe, Eurasia and the Middle East. We look forward to their active and dynamic role in fostering inclusive, sustainable growth in the region,” said David Aikman, Managing Director and Head of New Champions at the World Economic Forum.

Speaking about the distinction, Avni Çelik, Chairman, Seranit Group, Turkey, said: “We are proud, also on behalf of our country, to have been selected as a Global Growth Company of the World Economic Forum. We look forward to working with other community members to promote corporate citizenship and innovative business practices.”

Together with Social Entrepreneurs, Technology Pioneers, Young Global Leaders, Global Shapers and Young Scientists, GGCs make up the New Champions, a larger World Economic Forum community of pioneers, disruptors and innovators. The 370 GGC companies worldwide contribute to the Forum’s meetings, projects and knowledge products, which in turn support them on their path to achieving responsible and sustainable growth.

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