The NORRES Group is proud to report further Accomplishments
WirtschaftsWoche Award - Listing within the framework of the "World Market Leader Index 2018" of WirtschaftsWoche (Handelsblatt MEDIA GROUP) in cooperation with the University of St. Gallen
With an objective and transparent selection process, the large-scale project "World Market Leader Index" identifies leading companies in the DACH area of various industries. The NORRES Group is now listed in the current world market leader index. This listing is an honour for an internationally active and successful organization with innovative products and technology.
NORRES Group in the World Market Leader Index
The NORRES Group has been listed in the World Market Leader Index as of 2018. The Group meets the listed criteria published in the Index, such as at least 50% owner-managed ownership in the DACH area and, with regard to the world market, operations on at least three out of six continents each with its own production capacity and distribution cencepts and or export activities. NORRES 'international sales Group is greater than 40%.
Since Burkhard Mollen, Managing Director, has taking over the business of the group 15 years ago, NORRES has been able to achieve an organic sales growth of more than 10% per year on average. These economic dynamics have recently increased, leading to an organic growth of 20% in 2017 and continuing in 2018 with the same strong growth rate. The company also manufactures in China and the USA for the past several years. The NORRES group is comprised of additional subs in France, Poland, the UK, the Czech Republic and Taiwan. With NORRES internationalization strategy we where able to invest in and create 40 additional extra jobs during 2017 in our corporate office in Gelsenkirchen . In addition, NORRES will invest around EUR 2.6 million during 2018 in the Gelsenkirchen corporate office by expanding and investing further into our production lines.
What distinguishes a company as a world market leader?
For inclusion in the index, companies must meet a number of relevant criteria. In addition to the selection criteria, extensive information on the company was collected and scientifically evaluated by a research team as part of the project. Subsequently, all relevant information and data are evaluated and made accessible for public access. The criteria for admission include, among others, the (owner) management with headquarters at least 50 percent in the DACH area. In addition, companies must operate internationally on at least three out of six continents each with their own production and / or distribution concepts and exports. With an annual sales turnover in excess of 50 million euros, the export or foreign shares must amount to at least 50 percent. In addition, companies in the relevant world market segment must be one of the two market leaders in their sector. The NORRES Group is listed in the category World Market Leader as a Future Champion.