Euromoney magazine announced today the results of its seventh yearly ranking of Best Managed Companies in Central and Eastern Europe, in which CEZ was awarded Best managed company in Central and Eastern Europe. The Czech Republic CEZ Group has emerged as a company with both the Highest standard of corporate governance and Most useful and informative website for a second consecutive year.
Published in the May 2011 issue of Euromoney magazine, the Best managed companies in Central and Eastern Europe annual survey is one of the most prominent recognitions given by Euromoney magazine to corporations in Central and Eastern Europe. The survey rewards those companies with the most convincing and coherent business strategies by region, country and industry, as well as highlighting those which demonstrate sound practise of corporate governance.
The ranking is based on a survey of market analysts at major banks and research institutes focusing on Central and Eastern Europe. Respondents were asked to nominate the top three companies in each of the countries or sectors they covered, taking into account their market strength, profitability, growth potential, quality of management and earnings.
The full results of this ranking and the methodology are available as from today online as well as in the May edition of Euromoney magazine.