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SMEG SOUTH AFRICA: BUSINESS ENTERPRISE OF THE YEAR

22/11/2013


Smeg South Africa was announced as Business Enterprise of the Year during the prestigious FNB Business Excellence Awards ceremony that was held on 22nd November at The Wanderer’s Club in Illovo, Johannesburg.

Now in its 14th year, the awards and annual ceremony, sponsored by the First National Bank since 2009, are organised by the Italian-South African Chamber of Trade and Industries to recognize the contribution of Italian-South African businesses to South Africa’s economic growth and development. Each year, FNB and the Italian-South African Chamber of Trade and Industries encourage Italian enterprises and entrepreneurs based in South Africa, to take part in this prestigious competition to showcase their contribution to stimulating economic growth in South Africa.



"FNB is proud to be in a partnership which recognizes entrepreneurial excellence and contribution to the South African economy. We see the awards as an essential intervention to sustaining the spotlight on entrepreneurs and enterprises that continue to demonstrate unwavering commitment to building an economically vibrant country. Through this joint commitment, FNB hopes to further highlight the need for collaboration in order to enable local and international businesses to thrive in South Africa”
said Michael Vacy-Lyle, CEO of FNB Commercial Banking.

Smeg, as a result of an Internationalization process increasingly rooted in business strategy, has had a subsidairy in South Africa since 2008, and has continued to grow. Today it has 3 flagship showrooms located in major South African cities: Johannesburg, Cape Town and Durban.