Award Winners at the 2013 Business Initiative Directions (B.I.D.) Convention in Frankfurt, from left to right: Roger Preston, First Deputy CEO of Yangtze Optical Fibre and Cable Company from China; Dr. Abdullah Al-Amro, CEO 2004 - 2012 of King Fahad Medical City from Saudi Arabia; Fahed Salem Al-Ajmi, Chairman & Managing Director of Kuwait National Petroleum Company; Jose E. Prieto, President and CEO of B.I.D.; Czeslaw Kolisz, CEO of ANKOL Poland; and Pétur Bragason, CEO of Variant.
Leaders Joined Under BID Quality Achievement
Closed Joint Stock Microcredit Deposit Organisation 'Spitamen Capital' from Tajikistan, winner of the BID International Arch of Europe Award in Frankfurt 2013

Frankfurt played host to this year's BID International Arch of Europe for Quality and Technology  Convention, where professionals and business representatives from around the world gathered in recognition of achievements and recent successes. In particular, the convention celebrated quality in business and operations. Award winners demonstrated commitment to the criteria of the QC100 TQM Model, which ensures customer satisfaction and cost efficiency at every level of activity.

Among this year's winners, Otabek Toshev of Closed Joint Stock Microcredit Deposit  Organisation 'Spitamen Capital', from Tajikistan, proudly accepted the International Arch of Europe Award in the Gold Category at the BID Quality Convention in Frankfurt. The company has made huge strides this year as a leader not only for its sector, but also in Tajikistan. The Award came as an ideal way to celebrate yet another successful year of operations well underway.

B.I.D. selected Frankfurt, the true financial heart of Germany, as the site of the Award Presentation. The city's dynamic is one of diversity, comprising a large gathering of nationalities. The communication among countries and companies embodies how diversity can combine and work together towards a greater good. Frankfurt is a city of corporate communication and services. The governing bodies of the European Central Bank and the European System of Central Banks, have their headquarters in Frankfurt. These entities are responsible for managing the world's second largest economy, the Euro zone. Indeed it was the perfect site for the B.I.D. International Quality Convention.

Closed Joint Stock Microcredit Deposit  Organisation 'Spitamen Capital' won the Arch of Europe Award in the Gold category in Frankfurt in the presence of leaders and representatives from 57 countries at the International Arch of Europe for Quality and Technology Convention. The prestigious award, representing the height of quality and innovation in a field, is presented by BID President and CEO, Jose E. Prieto. From left to right: Craig Miller, President of the QC100, Otabek Toshev, Chairman of CJS MDO 'Spitamen Capital' and Jose E. Prieto, President and CEO of B.I.D.

Otabek Toshev stood before the international community gathered, sharing the company's achievements as well as its future ambitions and goals. Defiant in the face of current difficulties in the global economy, Closed Joint Stock Microcredit Deposit  Organisation 'Spitamen Capital' strives to excel in quality each day, creating a competitive advantage in its industry. For this reason, Closed Joint Stock Microcredit Deposit  Organisation 'Spitamen Capital' was named a winner of the 2013 BID International Arch of Europe Award in Frankfurt; a trophy which BID presents to those companies and organizations from around the world that best adhere to excellence and innovation in their practices, putting quality first at all levels of organization.

Leaders awarded through the BID community clearly demonstrate creativity and leadership in their respective sectors. This year, such winners included Kuwait National Petroleum Company, the first national oil and gas company of Kuwait, which was founded in 1960 in a region once dominated by foreign companies. Today it employs over 5,000 workers and last year reported profits of over $1.6 billion.

Innovation expert, Variant, was also awarded in Frankfurt. Thanks to its top architectural and engineering project planners for Iceland and Norway, this company is currently part of Norway's 40 billion euro Media City Bergen complex project covering 45,000 m2.

Likewise receiving the honor was Polish company, ANKOL, leaders in the aviation and automotive sectors that has seen exponential growth. Specializing in products, services and technology for military and law enforcement purposes, ANKOL is the main supplier of materials and products for aviation manufacturing and repairing plants (both civil and military) for the Republic of Poland.

King Fahad Medical City, from Saudi Arabia, is the largest and most advanced medical complex in the Middle East, with a capacity of 1,095 beds. Located in the heart of capital Riyadh, it treats over 50,000 in-patients and 600,000 outpatients each year.

Yangtze Optical Fibre and Cable Company Ltd. (YOFC) is a joint venture with 3 partners, China Telecommunications Corporation, Wuhan Yangtze Communications Industry Group Company Ltd. and Draka Comteq of the Netherlands. Covering an area of 170,000 m2, the company is the largest R&D, fibre, cable and equipment manufacturer in the worldwide optical communications industry. Its registered capital tops 158 billion RMB.

The companies honored in Frankfurt were recognized not only for their entrepreneurial achievements, but also for their dedication to continuous improvement and innovation, key concepts of the QC100 Total Quality Management Model. Seeking to increase customer satisfaction and optimize efficiency, the model promotes an organizational culture of engagement and a proactive approach to improving processes.

Each of the winning companies in Frankfurt this year has proven the success of the QC100 TQM Model, and serves as a fantastic example for other companies in today's rapidly changing business environment. By making customer satisfaction the highest measure of quality, BID award winners set the benchmark in their sectors and contribute to the social and economic development of their countries, paving the way for world-changing initiatives. A key example can be seen through Closed Joint Stock Microcredit Deposit Organisation ?Spitamen ?apital?, whose spirit of innovation and positive growth has overcome and indeed thrived in the current global economic climate.

The enduring commitment to Quality, one of the core requirements for receiving a BID Award, can be witnessed through the distinguished companies previously honored with a BID Quality Award. Companies which already share BID's corporate seal are present in more than 170 countries and include world-renowned names on the Fortune 500 list such as: Wal-Mart Stores (1) Indian Oil Corporation Limited (83); Korea Electric Power (264) and Beijing COFCO Plaza Development (393).

Other previous BID winners worthy of mention include Turner Construction (USA); Haki (Sweden); Ansaldo Energy (Italy); Zepter (Austria); RAO-Unified Energy Systems (Russia); Als & Cachou-TBWA (France); Tata Group (India); Plamex-Plantronics (USA); Dogus Holding A.S. (Tukey); Franklin Electric (USA and Mexico); QMS International from the United Kingdom, FSUE VO "Safety" (Russia); and Viking Line (Finland).

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