Kordsa, the global player of tire, construction reinforcement and composites technologies market and an affiliate of Sabanci Holding, has announced that Indo Kordsa has been selected as one of the 100 companies out of 355 public listed companies that managed to record the fastest growth in the last five years with double-digit profit growth.

The company has been selected in the list by Infobank, one of Indonesia’s prominent economics magazines. Indo Kordsa was considered successfully growing by posting positive earnings amid the pressure of economic downturn, micro pessimism, and disruption.

Raden Wahyu Yuniarto, human resources and information technologies group manager of Indo Kordsa, received the award, given at the ceremony held at the Jakarta Stock exchange.

With an aim to reinforce the life, the future and the society, Kordsa will continue to positively impact every geography it operates and to develop innovative reinforcement technologies that create value. (GK)