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Press Releases / 2010 / New World Resources awarded ‘Best Managed Company in the Metals and Mining Sector in Central and Eastern Europe’ in Euromoney survey 

New World Resources awarded ‘Best Managed Company in the Metals and Mining Sector in Central and Eastern Europe’ in Euromoney survey

23/5/2010

Amsterdam (23 May 2010) – New World Resources N.V. (“NWR”), Central Europe’s leading hard coal and coke producer, is pleased to announce that it has been awarded ‘Best Managed Company in the Metals and Mining Sector in Central and Eastern Europe’ in the Euromoney magazine Best Managed Companies in Central and Eastern Europe Annual Poll.

The poll rewards those companies with the most convincing and coherent business strategies by region, country and industry, as well as highlighting those that demonstrate sound practise of corporate governance.

The ranking is based on a survey of market analysts at major banks, consultancy firms 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. 

In the same poll NWR also received second place for Most Improved Company in Central and Eastern Europe.

Petra Masinova, Head of Corporate Communications at NWR, said: “We are delighted to receive these awards, which recognise the hard work, diligence and talent of our managerial team. The awards are particularly pleasing as they reflect the views of professionals and industry peers in the markets where we operate.”

Published in the May 2010 issue of the magazine, the Best Managed Companies in Central and Eastern Europe Annual Poll is one of the most prominent recognitions given by Euromoney magazine to corporations in Central and Eastern Europe.

The full results of the poll and the methodology are available online at www.euromoney.com as well as in the May 2010 edition of Euromoney magazine.

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For further information, please contact:

New World Resources N.V.
Corporate Communication
Tel.: +420 225 282 163
E-mail: petra.masinova@okd.cz

Notes to editors:

New World Resources N.V.
New World Resources N.V. is the sole owner of OKD, a.s., the Czech Republic’s largest hard coal mining company and one of the largest producers in Central Europe by revenue and volume. Serving customers in the Czech Republic, Slovakia, Austria, Poland, Hungary and Germany, the Company produced 11 million tonnes of coal and 843 thousand tonnes of coke in 2009.

Website: www.newworldresources.eu

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