We are proud to announce that Westrafo has been included among the 400 champions of growth in 2021, an initiative promoted by ITQF and the Italian newspaper La Repubblica.
The German ITQF Institute, the leading independent body in Europe in quality surveys, after a rigorous selection, has drawn up the list of the 400 companies that are driving the recovery based on the average annual growth in the three-year period 2016-2019. This is the 3rd edition of a detailed survey that rewards the excellence of the Italian economy which, despite a very difficult macroeconomic scenario, are recording a remarkable development.
The list of samples was drawn up on the basis of the average annual growth, the so-called compound annual growth rate, more commonly known as CAGR from the Anglo-Saxon acronym Compounded Average Growth Rate:
CAGR = (turnover of 2019 / turnover of 2016) 1/3 – 1
Westrafo was listed as 18th out of 400 companies, a figure that fills us with pride and that only confirms the ambition and intelligence of the strategic investments promoted by the management, which financed a new production plant in Vicenza only in the two-year period 2019-2020 , started a path of Lean production in the company and above all focused on human resources with the inclusion of strategic figures and the continuous search for talents.
“I would like to take this opportunity to thank all our employees for their commitment to the company, and all our business partners for having believed in us from the beginning” declared the General Manager Alberto Cracco. “As far as the future is concerned, the Management’s projects certainly do not stop here, important changes are expected in the next two years”.
In thanking you for supporting us so far, we therefore invite you to stay connected also for the future: we are sure that the best is yet to come!