Ranked First among Hellenic Companies & European Champion in Growth for another consecutive year
Alumil's portfolio is enriched - for the 5th time since 2000 - with an important distinction from world known organization Europe's GrowthPlus Top 500, in combination with Business Week's extended, special edition on outstanding employment growth. Particularly, Alumil is now ranked 25th, five places higher than 2004, among the Top 500 high-growth, job-creating companies within the wider European economy, despite "low growth rates in the wider area, unfavourable tax legislation and red collar" (Business Week, October 2005).
This hard-to-receive distinction stems from an annual listing endorsed by 3i, Microsoft, Boston Consulting Group and PricewaterhouseCoopers; It is published by Europe's Entrepreneurs for Growth based on the Birch Index (named after MIT professor David Birch); a reliable measurement on new job places creation, taking into account company-specific size. The awarded companies managed to sustain growth since 2001, boosting employment and sales with an impressive average annual rate of 14%, despite the unfavourable business environment; these champions of growth have created more than 130,000 job places across Europe since 2001. Within 2001-2004, Alumil has significantly contributed to European economy growth, creating 901 new job places, (1,578 employees in 2004, from 677 in 2001), boosting a 133% increase, an average of 300 jobs per year !
Mr. George Alex. Milonas, Alumil Chairman and Chief Executive Officer, commented on: 1. Group's clear international orientation, fully embodied in strategic planning for the following years, 2) the best growth story spreading all over South-eastern Europe and 3) consistency, marking Alumil Group estimates and growth figures in SE Europe, Russia, U.S.A. and the Golf area, taken that growth is not merely industry specific but is driven mostly by talented, innovative, properly-measured-risk-taking partners.