Mangalore: City’s Panama Group Heads for World Economic Forum in China


Mangalore: City’s Panama Group Heads for World Economic Forum in China

Pics: Dayanand Kukkaje

Daijiworld Media Network—Mangalore (SR/CN)

Mangalore, Sep 9: Panama Group of Mangalore is headed for the World Economic Forum as a global growth company.


 

Vivek Raj, chief executive officer (CEO), Panama Group, speaking at a press conference held at Ocean Pearl on Tuesday September 9, said that they are trading in 17 different minerals with trades over 35 million tonnes yearly.

From Monday September 13 to Wednesday September 15, the World Economic Forum will present its new class of technology pioneers during ‘Summer Davos’ in China, which is the most powerful organization which decides policy for world class corporate governance for the entire world.

The benchmark for selecting a company is minimum US $100 million (Rs 450 crores). In recognition of top business pioneers, it has selected and invited Vivek Raj for the annual meeting of new champions in Tainjin, China. The forum has selected Panama Mining Industries Corp Ltd for its potential growth prospect.

Every year, the forum selects some companies from around the world as part of the global growth company community. He will meet chief minister B S Yeddyurappa, CEO of Sinosteel, the Queen of Jordan, CEO of Nestle, and the Chinese premier who will inaugurate the summit.

Panama Group has developed and has spread out providing various services internationally in trading of minerals, iron ore, limestone, bauxite, shipping, beneficiation of iron ore, and many others.

The group has also diversified into wind energy and logistic operations. It plans to set up a state-of-the-art beneficiation plant in Karnataka to partner with some of the world’s largest steel plant companies to process more then 5,000 tonnes per day.

Walter Monteiro, manager, Cila Advertisers, was also present on the occasion. 

  

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Comment on this article

  • Prashanth Bhandary, Mangalore ,Thokkottu

    Mon, Feb 14 2011

    No matter what you did good or bad in your success. but today people remember you.that's makes changes in life ,great that because of you in mangalore panjimogeru stand out in some aspect...i wish you great success follow in your in life.....

    DisAgree [4] Agree [3] Reply Report Abuse

  • sai kiran , hassan /karnataks

    Wed, Sep 15 2010

    Congrats Mr.Vivek Raj...i hope u remember me ..i was ur classmate in alike ( 8 th standard )...proud to see u reach where u r now ..keep going buddy

    DisAgree [4] Agree [4] Reply Report Abuse

  • sai kiran , hassan /karnataks

    Wed, Sep 15 2010

    Congrats Mr.Vivek Raj...i hope u remember me ..i was ur classmate in alike ( 8 th standard )...proud to see u reach where u r now ..keep going buddy

    DisAgree [2] Agree [2] Reply Report Abuse

  • Prasad Kamath, Mangalore

    Mon, Sep 13 2010

    Hey Vivek...very happy to see you reaching greater heights.. I still remember you dreaming big and letting know you ideas.. I remember how you always wanted to become SRK.. finally we can see our own friend going on to become Mukesh Ambani...All the best for your future endevours...

    DisAgree [3] Agree [3] Reply Report Abuse

  • chenna, thumbe

    Mon, Sep 13 2010

    I am very happy to see u in this position god bless you brother

    DisAgree [2] Agree [3] Reply Report Abuse

  • suraj shetty, mangalore

    Sun, Sep 12 2010

    Great news sir
    you made mangloreans proud again

    DisAgree [3] Agree [2] Reply Report Abuse

  • Mario, Mangalore

    Sun, Sep 12 2010

    Vivek Raj has cheated many people of their money. He started with manpower, then windmill technology. Now MINES... Poor guy he made money fast. Roams with others money in fancy cars.

    DisAgree [4] Agree [8] Reply Report Abuse

  • Neha Shetty, Mumbai

    Sat, Sep 11 2010

    Congratulations!!!! Vivek anna.. It was a great pleasure to read the article about your success in Panama Group.. All i can say seeing your success is "Every great dream begins with a dreamer..I always remembered, you had within you the strength, the patience, and the passion to reach for the stars" and here you are reaching for it..my
    very best wishes for your continuing success..(UDAY SHETTY & FLY)

    DisAgree [3] Agree [3] Reply Report Abuse

  • Neha Shetty, Mumbai

    Sat, Sep 11 2010

    Congratulations!!!! Vivek anna.. It was a great pleasure to read the article about your success in Panama Group.. All i can say seeing your success is "Every great dream begins with a dreamer..I always remembered, you had within you the strength, the patience, and the passion to reach for the stars" and here you are reaching for it..my
    very best wishes for your continuing success..

    DisAgree [3] Agree [2] Reply Report Abuse

  • ROYLEX, BAJPE/DUBAI

    Sat, Sep 11 2010

    congratulations for your great achievements ................. best of luck.

    DisAgree [1] Agree [2] Reply Report Abuse

  • B.N.R.Rao, Panjimogaru,Kulur

    Sat, Sep 11 2010

    Congrats Mr.Vivek Raj.At a young age
    of 28 you have achined what most will
    never even dream in a lifetime.You have made us at Panjimogaru by establishing your Corporate office
    in this village.May God bless you with every success.Happy Gowri Ganesha Greetiings.Jai Gurudev.
    B.N.R.Rao.

    DisAgree [1] Agree Reply Report Abuse

  • prakash saldanha, mangalore neermarga

    Fri, Sep 10 2010

    Congratulation panama group
    All the best wishes and a new mile stone in mangalore

    DisAgree [1] Agree Reply Report Abuse

  • Nelson, Bajpe/Mangalore

    Fri, Sep 10 2010

    Congratulations to Panama Group for achieving great success.

    DisAgree [1] Agree Reply Report Abuse

  • Max E. Rasquinha, Mangalore/Houston, Texas

    Fri, Sep 10 2010

    Congratulations to the Panama Group of Mangalore. Mineral deposits of China and India are the strength of our two nations in addition to the abundance of human capital. I would like to meet these Entrepreneurs of Panama Group during my next visit to Mangalore as they appears to be a common bond for future collaboration

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