Pineca among the champions of growth in Italy

Pineca among the champions of growth in Italy

Even though the previous years have been filled with some significant challenges and unexpected turns for all enterprises, Italy’s dynamic and innovative business sector hasn’t seized to impress with its outstanding results. 

German Quality and Finance Institute (ITQF) has made a comparative analysis and selected the Champions of Growth – Italian-based companies with the highest growth rate based on the three-year period from 2018 to 2021. Pineca Italia Srls ranked in a solid 18th place in the list among 800 Italian companies in this listing. It is important to note that the list of companies was announced on a trustworthy & reliable website, la Repubblica. 

What does it mean to us?

This achievement allows us to better communicate our company’s reliability and stability to our customers, ensuring they made the right choice when selecting Pineca as their prefabricated wooden building provider. 

We are incredibly proud and delighted about this achievement, ensuring that we are on the right path of continuous improvement, high-quality product & service provision and exceptional growth. 

What were the selection criteria?

To be considered for the ranking, the company needed to show an average annual growth rate of more than 11.3% in the three-year period considered. The company being evaluated was also required to have a registered office in Italy, have a minimum turnover of 100 000 euros in 2018 and a minimum turnover of 1.2 million euros in 2021.

How did the process go?

The research was conducted by drawing the data of 50 000 companies from public sites and databases and evaluating their financial results. 800 companies were selected and listed based on their average annual growth and compounded average growth rate (CAGR).

We are truly thankful for the appreciation received – this makes us strive for future accomplishments even more. We strongly believe this evaluation will help us increase the interest of our potential customers and acquire new business opportunities. 

This milestone couldn’t have been achieved without our continuous team effort and the support of our great clients – so thank you to all who took an essential part in this exciting journey.