Good news to start the year: The Masterflex Group continues to be listed in the Global Market Leader Index of the University of St. Gallen.
"Once again this year, we're among the industry's best. That's good news to start off the year," said Dr Andreas Bastin, Chairman of the Management Board of the Gelsenkirchen-based globally operating tubing manufacturer. "We are pleased that we have again been awarded this distinction. It shows that our product and sales strategy is the right one."
The University of St. Gallen developed the Global Market Leader Index in collaboration with the Akademie Deutscher Weltmarktführer. This index researches and presents the "true" global market leaders in Germany, Austria, and Switzerland. The initiators carry out an objective, transparent selection process and guarantee that all selection criteria and ascertained values are disclosed and made freely accessible.
A "genuine" global market leader must be based in those three countries and be at least 50% owner-operated. In addition, the enterprise must operate on at least three continents with its own exports and production or sales companies. It must generate annual revenues of at least EUR 50 million and be No. 1 or No. 2 in the relevant market segment. Furthermore, it must be able to demonstrate an export share of at least 50% of revenues.
In contrast to other rankings, the new Global Market Leader Index relies on an objective and, above all, transparent selection process for actual global market leaders. The selection criteria and the ascertained values are disclosed, and the entire index is made accessible to the public.
The Global Market Leader ranking of the University of St. Gallen can be found here:
<link http: www.weltmarktfuehrerindex.de about>