Detsky Mir Wins in the Best Growth Category
The Detsky Mir Group of Companies, the largest operator of children’s products in Russia, received its prize at the East Capital Awards.
Peter Håkansson, Chairman of East Capital, speaking at the awards ceremony in Stockholm, described the objective of the prize – to identify the best companies achieving impressive results and demonstrating great potential for growth.
The prize winners received awards in four categories: Best Growth, Best IPO, Discovery of the Year, and Best Corporate Management. The Detsky Mir Group of Companies was the winner in the Best Growth category. Peter Håkansson said that Detsky Mir had been showing impressive growth of financial indicators and opening new stores continuously since 2012.
Replying at the ceremony, Vladimir Chirakhov, General Director of the Detsky Mir Group of Companies, thanked the jury members for the high assessment of the Company’s achievements.
“This year is one of the best in the 70-year history of the Detsky Mir Group of Companies. In February we had the first successful IPO on the Moscow Stock Exchange. The great interest of investors in our company means recognition of the efficient performance of the company’s top management. Over the last five years, Detsky Mir demonstrated double-digit business growth figures, dynamically increasing its share on the market of children’s products in Russia and Kazakhstan. It has also been improving its leading position on the chain, retail and online trade market,” Vladimir Chirakhov said.
The East Capital Awards were established by East Capital, a Swedish company, in 2004, to award East Capital’s partner companies for their most outstanding achievements.
East Capital was founded in 1997 and its activities focus on emerging markets. The company’s offices are open in Dubai, Hong Kong, Luxembourg, Moscow, Oslo, Stockholm and Tallinn. East Capital manages EUR 3.1 bln of assets, investing in public and private companies and real estate. Company Website: www.eastcapital.com.