Modern Expo ranked high in the 2019 Forbes’ Diamonds
Modern-Expo SA high-ranked in this year's list of the best Polish companies – 2019 Forbes’ Diamonds. The prestigious list includes dynamically developing enterprises whose value grew the fastest in the last three years.
Modern-Expo is an international manufacturer and supplier of comprehensive equipment for the retail industry. Due to great performance in the past year the company was awarded the title of Forbes’ Diamonds in 2019. Modern-Expo was ranked 1st from the list of Lubelskie Voivodeship companies in the category of business generating revenues from 50 to 250 million PLN. On the nationwide list, Modern Expo was ranked on the high 16th place, ahead of several hundred competitors.
- The presence of Modern-Expo in the Forbes' Diamonds ranking confirms the rapid development, growth of value and systematic strengthening of our market position. The extremely dynamic average growth of our company that exceeds 74% is a phenomenon in our industry on the scale of the entire region. This recognition is a confirmation of our success - says Bogdan Łukasik, chairman of the Supervisory Board of the Modern Expo Group. - Our results are the best testimony of the satisfaction of our customers, whom we provide products of the highest quality, in accordance with international standards, and with whom we build open, long-lasting business relations - adds Łukasik.
Inclusion in the ranks of Forbes’ Diamonds affirms that Modern Expo skillfully used market trends and, above all, confirms the credibility and reliability of the company as a business partner. Forbes’ Diamonds are awarded in Poland by one of the most opinion-forming and recognizable business magazines in the world - Forbes. This is the 12th edition of this awards and is considered one of the most important in the national business.
The award winners were selected by Bisnode Poland analysts in cooperation with the Forbes’ editors based on the Swiss method of company value valuation. This system takes into account profits from recent years, the value of assets, history and payment credibility as well as the lack of negative legal events. The list presents companies divided into 16 voivodships, and within each of them it distinguishes three categories according to the level of revenues: 5-50 million PLN, 50-250 million PLN and over 250 million PLN.