Naraya is a company in Thailand

Thailand

Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...

 that produces fabric bags and accessories. The company was started by Vassilios Lathouras and Wasna. R Lathouras on 6 October 1989, both continue as the company's CEOs. The first year their profits were $10,000 US dollar

United States dollar

The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....

 with products only sold in Thailand. Eventually, Naraya grew in popularity with profits amounting to $7.5 million US dollars and an expanded product line of children's and kitchen accessories being sold world-wide. It now has around 50 subsidiary

Subsidiary

A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...

companies.

Awards

Naraya has been honored with a long list awards including the 2000 Prime Minister’s Export Award for Distinguished Brand of the year, 2002 distinguished design award, the 2003 Minister’s Industry Award in the category of small and medium Enterprise Industrial Management, and has been named one of the top ten Thai Companies, It was also awarded the 2003 Super brands status by the England-based Super brands Organization.