Metaldeza has been selected, for the second year in a row, to be part of CEYME500, as a company that is integrated into a select group of companies that are leaders in business growth.
The Spanish Confederation of Small and Medium Enterprises (CEPYME) has just launched a project that identifies, selects and promotes a group of 500 companies, among which is our company, which lead business growth, both for its results obtained in in recent years, as for its capacity to generate activity and employment, potential for innovation and international projection.
The firm has fulfilled a series of criteria, based on a rigorous methodology, in terms of billing, sustained growth, size and profitability – according to the public access data provided by INFORMA from public information registers, such as the Registry Mercantil or the BORME (Official Gazette of Mercantile Registry), among other sources – which have been rigorously evaluated to be among these leading companies.
Our president, Ramón Cuiña, attended the official presentation of the CEPYME500 project that took place at the headquarters of the Spanish Confederation of Small and Medium Enterprises (CEPYME) in Madrid.
In his speech, the Minister of Industry, Commerce and Tourism, Reyes Maroto, stressed that CEPYME500 companies “lead growth, as a result, capacity to generate added value, creation of jobs and internationalization” and stressed that “it provides visibility to the most advanced medium-sized companies “.
For his part, the president of CEPYME, Antonio Garamendi, stressed that CEPYME 500 companies stand out for their capacity for innovation, job creation and internationalization. And he pointed out that the objective of CEPYME500 is that “every time there are more of these companies, bigger and more competitive. In short, companies with the capacity to grow, generate wealth and employment, which is what our economy needs “.
Selection methodology
The selection methodology to be part of these companies, leaders in business growth, has been very rigorous. Some of the criteria have been: the growth of the compound sales figure (CAGR) over the last three years exceeding 15%; latest accounts of individual or consolidated sales figures of between 10 and 200 million euros; companies less than four years old were excluded, as well as companies with a decrease of more than 20% of assets during the last 3 years or companies with majority foreign shareholders.
The sum of the turnover of all these companies is more than 14,500 million euros, generate 50,492 jobs and present an average economic return of 14.4%.
The sectors that have been studied to be part of the 500 companies chosen were: the manufacturing industry, wholesale commercial distribution, digital economy, construction and professional services.
