PR Gaz

PR Gaz

Web News > 2010 > A winning year for PR Gaz

A winning year for PR Gaz

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PR Gaz, one of the leading brands in the local LPG market, capped 2010 with a variety of key industry citations and numerous company developments.

First of the awards received, PR Gaz was honored last July as the Best Homegrown Franchise in the 2010 Franchise Awards of Entrepreneur Magazine Philippines. PR Gaz was also featured in the July issue of Entrepreneur Philippines along with 18 other best-performing franchise brands recognized by the magazine as models of innovation, ingenuity and resilience.

The Best Homegrown Franchise award recognizes Filipino-owned franchises that have carved a significant niche and have become leaders in their respective industry sectors due to their mastery of the local market. Entrepreneur Philippines first launched the franchise awards in 2006. Franchise companies selected for the citation undergo a stringent selection process and compete in one or several categories. The franchisors are measured based on their financial strength and stability, the size of their franchises and their rate of growth, and franchise package, among others. Following this feat, the couple behind PR Gaz’ success received yet another major recognition.

Last October, Nelson and Siu Ping Par were chosen as one of the top 15 winners of the first ever PLDT MVP Bossing Awards. The Par couple received the award for the service industry category. A project of PLDT SME Nation in partnership with GoNegosyo, the MVP Bossing Awards recognizes "the country’s most valuable Pinoy entrepreneurs who continuously work hard by tapping skill, creativity, technology and right attitude in order to succeed in their respective business ventures."

And the recognition just kept on coming.

Adding to the string of honors already received, Nelson Par, PR Gaz chairman, chief executive officer and president, was recently named one of the Ten Outstanding Entrepreneurs of 2010 by Entrepreneur Magazine Philippines. The Entrepreneur 10 Awards, started in 2003, recognizes the achievements of ten small- and medium-scale entrepreneurs who have blazed trails in local and international business.

The icing on the cake came during awarding rites for the Entrepreneur 10. The PR Gaz chairman was also conferred the Globe Business Masigasig Award. Chosen among the Entrepreneur 10 awardees, the award is given to the entrepreneur "who demonstrates excellence in terms of persistence, determination, and going towards one's goals."

In addition to the prestigious industry awards, PR Gaz also achieved a notable growth in its store network this year. PR Gaz hit the 100th store mark in February and more outlets were added to the chain subsequently. As of end of November 2010, total tally is at 131 stores throughout Luzon, of which 35 are franchises and 96 are company-operated. This is a 31 percent increase in PR Gaz’ store chain size and well within the initial phase of the company’s vision of putting up 500 stores in five years.

With the numerous accolades and achievements in 2010, PR Gaz is definitely set to carry forward the momentum for continued growth and success into the coming years.