Forbes cites Melexis among most trustworthy companies in Western Europe

Tessenderlo, Belgium, 25 August 2016 - Melexis, a global microelectronics engineering company, has been included in Forbes magazine’s 50 Most Trustworthy Companies in Western Europe, for having consistently demonstrated transparent accounting procedures and solid corporate governance. Other companies to be included in this list were French retailer FNAC, UK industrial machinery manufacturer Renishaw, Swedish hardware chain Clas Ohlson and German clothing brand Hugo Boss.

In order to compile the list, Forbes worked with leading investment advisor MSCI. More than 1,100 publicly-traded non-financial European companies with market capitalization figures of 500M USD or above were screened, covering a multitude of different industry sectors. After detailed analysis and extensive deliberation, the 50 companies that proved most deserving of inclusion were confirmed.  

“Melexis upholds strong core values that have allowed us to successfully grow commercially while maintaining the highest degrees of integrity,” stated Françoise Chombar, CEO at Melexis. “It is a great honor to be recognized by a globally-respected organization like Forbes for the professionalism of our business practices. This reflects on the whole company, from the vision of executive leadership right through to the efforts of every individual team member. It is a testament to the positive, highly-motivated working culture we have established over the last 27 years.” 

Read full article on Forbes magazine