Kolejowe Zakłady Łączności sp. z o.o. was awarded the title of the Cheetah of Business 2014, in the 9th edition of the National Competition – Cheetahs of Business 2014.
The Institute of Modern Business has been organising the competition Cheetahs of Business since 2006. For the last ten years it has analysed the financial results of three million businesses and hundreds of banks operating in Poland.
The credit information agency Infocredit selects the companies that in the years 2011 – 2013 had each year at least half a million zlotys in revenues, a minimum of PLN 10 thousand net profit, and the value of their capital was positive.
It found 1101 such enterprises in the electromechanical industry (PKD (Polish classification of activity) from 2611 to 3099Z) and calculated their market value at the end of March 2012 and the end of March 2014 by comparing their results to the valuation of public companies listed on the Stock Exchange in Warsaw.
KZŁ took a very high 51st place for more than 1100 enterprises in the electromechanical industry in Poland whose financial results were analysed by the Institute of Modern Business. Kolejowe Zakłady Łączności recorded an impressive increase of 467.7% in the market value in the period 2011-2013.
With this result KZŁ ranks among the top 3 most dynamic enterprises in the electromechanical industry in Kujawy-Pomerania Province.