Once again that time has come to announce the winners of the Most Successful Machine and Metalworking company in Estonia 2013.
CUTform was awarded 25th position as the most successful company for 2012 in Estonia in the category of machine and metal working. This was a fantastic achievement for a company which had been manufacturing for less than 2 years.
This month, the result of 2013 was announced and CUTform has managed to achieve position 4.
There was an impressive group of companies making a total list of 125. To be considered for the awards, the weight of the company´s field of activity from turnover had to be 51%. The company also had to be active for 2 full consecutive financial years. To put together the TOP company listing for 2013, Aripäev took from the registry center of the ministry of legal affairs the data of companies the whose sales profit was bigger based on last year´s financial data. Only these companies were considered whose financial results were scanned in the business registry by the time of data gathering.
The companies were listed based on the following set criteria:
- Sales revenue of 2013
- The growth of sales revenue compared to 2012
- The business profit of 2013
- Growth of profit compared to 2012
- Cost-effectiveness and productivity of assets in 2013
For further information, please click the link and read the report from page 12 Tööstus October 2014
This achievement is a true reflection of hard work and commitment of employees, suppliers and associates of CUTform. For a company which has been manufacturing for less than 3 years to be nominated 4th best in Estonia is incredible. A big thank-you and well done to all!
Please look out for the results of 2014 on CUTform news pages