That time has come to announce the winners of the Most Successful Machine and Metalworking company in Estonia 2016.
CUTform has managed to consistently perform and make steady improvement in position as shown below for 4 years.
Position 25 in 2012
Position 4 in 2013
Position 6 in 2014
Position 2 in 2015
This month (October 2016), the result of 2015 was announced and CUTform has managed to achieve position 2.
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 each year, Aripäev took from the registry center of the ministry of legal affairs the data of companies the whose sales profit was bigger based on previous year´s financial data. Only these companies were considered whose financial results were scanned in the business registry by the time of data gathering.
Each year, the companies were listed based on the following set criteria:
- Sales revenue of measured year
- The growth of sales revenue compared to previous year
- The business profit of measured year
- Growth of profit compared to previous year
- Cost-effectiveness and productivity of assets in measured year
For further information of 2015 results, please click the link and read the report from page 12 Tööstus October 2016
Once again, 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 now for 5 years to be nominated 2nd best in Estonia is incredible. A big thank-you and well done to all!