Technoelectric - The Best Business Performance In 2021, According To Financial Trends

Technoelectric – a company with Romanian capital that produces automation systems in refrigeration installations – is in the 13th place in the Top 100 companies in Romania, a ranking based on the CANE code, in which it rose one step compared to 2020. Remarkably, Technoelectric is the only company out of the 13 evaluated with very low risk on all four indicators: financial, trend, P&L, and benchmark.

Regarding the size of the company benchmarks: turnover, assets, profit, and equity, the company obtained a high score. The indicators about the company’s evolution, namely the dynamics of turnover, assets, profit, and equity, have a high score of up to 100%, like profitability indicators.

“Our company obtained a P&L A FT Benchmark score of 1.5, higher than 72.43% of the companies in the industry, which is the equivalent of a risk class A, meaning a very low risk. The indicators’ comparative evolution followed by the top makers places us, in recent years, above the industry average, which makes us happy and obliges us to maintain the same standard of excellence in the coming years,” says Valter Laurențiu Carp, General Manager Technoelectric.

To these performances are added in 2021 the national and international projects in which Technoelectric was involved. Internationally, it is worth mentioning that at the beginning of 2021, the Technoelectric team provided an automation system for the Omran Jameel brewery in Iraq. In 2021, the company, together with Daikin Middle East and Daikin Africa, carried out two large-scale projects in the United Arab Emirates and Saudi Arabia.

The Employer Branding campaign implemented this year completes the vision on the upward trend that Technoelectric is on. The #PeopleOfTechnoelectric campaign aims to consolidate the company’s presence on the Romanian market in a different way than before, to highlight the people who are part of the team.

“I am convinced that through all the activities we have been involved in this year, like complex projects or campaigns that show another dimension of the company, we consolidated our successes and built an organizational culture in which people can communicate effectively, and find the support they need to evolve professionally. Only together will we grow in the same way in the coming years, making Technoelectric a reference company in the industry at a national and international level,” adds Valter Laurențiu Carp, General Manager of Technoelectric.

Technoelectric is a Romanian capital company founded in 1994 that produces electrical panels and integrates systems for automation in refrigeration installations. Since 2010 began the process of internationalization through complex automation projects implemented in the Middle East (Lebanon, Qatar, United Arab Emirates, Saudi Arabia), the former Soviet Union (Russia, Belarus, Ukraine), and Western European countries (Italy, France, The Netherlands, and the United Kingdom).