Czech leader awards

This year, our company was glad to have the opportunity to take part in the project entitled “THE CZECH LEADER AWARDS”, and finished second in the South Moravia Region (totally 176 companies applied).

The company was nominated for THE CZECH LEADER AWARDS competition based on the analysis of publicly available data from all companies in the Czech Republic, processed by a specialized expert, a prestigious international company specializing in rating and scoring of companies, CRIF – Czech Credit Bureau, a.s.  Availability of financial statements for 2015 and 2016 and iRating in the levels 1 – 11 were conditions of participation. In addition, the registration included answers to questions and submission of the last period economic results (i.e., the year 2017).

Moreover, companies had to comply with the rule of 100% Czech ownership and Czech citizenship of their owners, minimum annual turnover of CZK 200 MM, minimum number of employees 50 and last but not least, double-entry system of accounting for the period not shorter than 4 years.

Finalists of THE CZECH LEADER AWARDS 2018 - among whom the committee chose winners, seated in the individual regions of the Czech Republic, on the basis of their economic results - reached annual turnover over CZK 42 bn. in 2017. Totally 85 finalists were selected from 1,327 companies, which satisfied competition criteria.

Frentech Aerospace s.r.o., delivering parts to aircrafts, defensive and space industries, including space mechanisms, was the winner of THE CZECH LEADER AWARDS for the South-Moravia region. LOMAX & Co. s.r.o., manufacturer of garage doors, ranked third.