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Download the file. - Groupe SEB

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Czech Republic – Point of sale<br />

2 factories in Russia<br />

and <strong>the</strong> Middle East.<br />

16 marketing companies.<br />

GROUPE <strong>SEB</strong> commitment...<br />

BURUNDI PROJECT BACKED BY 7,000 <strong>SEB</strong> EMPLOYEES<br />

CORPORATE AND SUSTAINABLE DEVELOPMENT REPORT 2007<br />

RAPID PROGRESS<br />

IN EMERGING MARKETS<br />

<strong>Groupe</strong> <strong>SEB</strong> has long been aware of <strong>the</strong> growth potential of<br />

emerging countries. While gaining prominence in <strong>the</strong>se markets<br />

with its strong brand portfolio, a broad product offer and efficient<br />

commercial and logistics structures, <strong>the</strong> Group has also taken up<br />

<strong>the</strong> social and corporate challenges of its development in <strong>the</strong>se<br />

territories.<br />

EASTERN EUROPEAN DYNAMISM<br />

Eastern Europe offers high potential for growth as purchasing<br />

power rises in <strong>the</strong> region. Changing consumer lifestyles and<br />

modernization have led to <strong>the</strong> rapid spread of retailing and Western<br />

consumer standards.<br />

The strong reputation of its brands and <strong>the</strong> Group’s policy of<br />

proximity to <strong>the</strong> customer are paying dividends in <strong>the</strong>se markets.<br />

Sales are growing steadily in Poland, Slovenia, Bulgaria, <strong>the</strong> Czech<br />

Republic and Slovakia, and business prospects are good.<br />

We reinforced our presence in this zone last year by creating a new<br />

subsidiary in Latvia.<br />

A wave of solidarity spread throughout <strong>Groupe</strong> <strong>SEB</strong> on <strong>the</strong> occasion of its 150th anniversary when it set up its<br />

corporate sponsorship Foundation. Employees were invited to help a UNESCO schooling initiative for 2,000<br />

ex-street children in Burundi by sending in a personal photograph for use in a collective work. For each photo<br />

sent in, <strong>the</strong> Group’s Foundation undertook to donate €2<br />

to <strong>the</strong> project. The result: more than 7,000 photos were<br />

received from employees around <strong>the</strong> world. The Group<br />

decided to contribute €15,000 to <strong>the</strong> project and its<br />

Foundation matched this to make a total donation of<br />

€30,000 to UNESCO. As a sign of <strong>the</strong>ir genuine interest<br />

in <strong>the</strong> project, staff members sent in more than<br />

400 messages with <strong>the</strong>ir photos which were sent on to<br />

<strong>the</strong> Burundian children via <strong>the</strong> UNESCO representative<br />

in that country.<br />

44

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