24 October 2022 had a doubly important significance for the Flash Battery team! On the very opening day of Bauma, the important international trade fair dedicated to the construction industry, where we presented our latest innovations in the lithium-ion battery segment for industry, we received an important award from the Italy Post study center.
Flash Battery honoured by Italy Post among Best Performers companies 2022.
On 24 October 2022 Flash Battery was awarded the “1,000 Best Performer companies in the province of Reggio Emilia” prize during the public awards ceremony held at 5pm at the Loris Malaguzzi Auditorium in Reggio Emilia.
The award, promoted by the Italy Post Research Center in collaboration with Corriere della Sera’s Economy and Emilia Post, named Flash Battery as one of the 1,000 Reggio Emilia companies that performed above average between 2018 and 2020, brilliantly overcoming the difficulties of 2020, a year that, as we all know, profoundly marked the Italian economic fabric.
The aim of the initiative was to identify and reward Italian industrial realities, from small to large, which represent the bulk of the Italian manufacturing and services fabric, and which are ready to face and overcome the difficult challenge of a 2023 that is full of unknowns, starting with the increase in energy costs, but which are led by entrepreneurs who strongly believe in their companies, their employees and the ideas from which they started.
The companies mentioned stood out for their positive performance according to a number of financial parameters, including turnover and positive net result in the year 2020, the MORE rating, which ranges from ‘balanced’ to ‘excellent’, and the average 2020-2019-2018 EBIDTA of 1.90% or more.
The analysis, which indicated the 1,000 best-performing companies for each of the 10 main Italian industrial provinces, was carried out by Italypost in collaboration with a team of analysts specialised in Corporate Finance, Banca Finint, Auxiell and Cuoa Business School, and was published in the daily newspapers EmiliaPost and l’Economia del Corriere della Sera.
We are very proud of this recognition, the results achieved so far are the result of constant commitment and a long-term vision that we have managed to achieve with the commitment of the whole team. Our working method is inspired by a continuous and constant improvement of processes, where our employees work together towards common goals and do not merely carry out their tasks, but improve them, realising themselves professionally and personally, contributing to the improvement of the company itself. We certainly have a challenging 2023 ahead of us, especially in connection with procurement difficulties and rising raw material costs, but our turnover continues to grow and, at the same time, interest in the electrification of more and more industrial applications is growing. Moreover, our technology never stops evolving and the satisfaction we continue to receive from those who believe in our product has given us great confidence in the future.