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<p><b>Zeljko Covic, M.Sc., President of the Management Board of PLIVA, has been |
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selected as the Europe, Middle East and Africa Award winner for the 1999 Emerging |
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Markets CEO of the Year Awards</b></p> |
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<p>The selection Committee for the 1999 Emerging Markets CEO of the Year Awards |
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has selected Zeljko Covic, President of PLIVA's Management Board, and PLIVA, |
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as the Europe, Middle East and Africa Award winner. This Award is presented |
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by Emerging Markets (a publication of Institutional Investor Newspapers) in |
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co-operation with ING Barings. Mr. Covic received the award on September 28th, |
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at the Awards Dinner in Washington DC, on the occasion of the joint annual meeting |
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of the International Monetary Fund and World Bank.</p> |
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<p>The Emerging Markets CEO of the Year Awards were presented to four business |
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leaders in two categories. In one category, three awards were presented to the |
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chief executives of corporations based in the world's emerging economies whose |
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vision and company performance serve as models to other emerging market companies. |
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The three emerging market winners represent Asia, Europe, Middle East & Africa, |
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and Latin America. In the second category, one Award was presented to the chief |
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executive of a company with its headquarters in the developed world.</p> |
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<p>The other recipients of the award this year re: Robert Shapiro from Monsanto |
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(USA) in the Developed Market category, N.R. Narayana Murthy from Infosys Technologies |
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(India) in the Asia category, and Daniel Servitje Montull from Grupo Industrial |
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Bimbo (Mexico) in the Latin America category.</p> |
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<p>PLIVA is a leading company in Croatia and is the largest pharmaceutical company |
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in Central and Eastern Europe in pharmaceuticals business, and its current operations |
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consist of the research, development, manufacture, marketing and sales of pharmaceutical, |
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animal health and veterinary, food, and cosmetic products. PLIVA was the first |
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industrial company from the CEE region to be listed on the London Stock Exchange.</p> |
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<p align="center"><b>PLIVAs Vision</b></p> |
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<p align="center">To be a pharmaceutical company creating superior and innovative |
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solutions to customer needs, by competing in the global market. </p> |