Trend Gazelles Event 2018
Last Wednesday, February 28th, in the heart of the Brasserie Lupulus in Gouvy, Trends-Tendance has put the spotlight on the Trends Gazelles nominated for the Province of Luxembourg.
It is an annual award presented by the weekly business journal Trends, in recognition of fast-growing companies that operationally are sufficiently independent.
The Trends and Trends-Tendances editorial offices selected between 50 and 200 “Trends Gazelles” per province. These companies are all sources of energy for the regional economy and source of inspiration for any entrepreneur in Belgium.
Trends Gazelle examines growth over a five-year period, in this instance from 2016 relative to 2012.
Growth is calculated based on three variables, namely turnover, workforce and cash flow, in absolute and percentage terms.
This is the 1st time that Vitrociset Belgium has the honour to be nominated, ranking as third among the 200 most important large companies in the Province of Luxembourg.
Vitrociset Belgium has significantly grown over the past five years.
This was accompanied by an enormous growth of personnel. From 2012 to today we have increased from 70 to over 140 people working at our company.
Our turnover has also increased enormously. In 2012 we had turnover of around 15 M€. Within six years, it has shot up by more than 95 % to 30 M€ in 2017.
And a further double-digit growth per year is expected for the coming years.