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CAREL Wins 2008 Mediobanca Prize PDF Print E-mail
Thursday, 17 April 2008

CAREL, the first company in Europe to begin designing and producing a microprocessor controller for precision air conditioners, has won the 2008 Mediobanca Prize, one of the most important prizes in Italy awarded to the most dynamic businesses that stand out for high growth and good profitability.

 

carelThe awards were made on the basis of reviews of the results and profiles of the companies compiled by the Research Department of Mediobanca, which carried out indepth analysis, in conjunction with the companies themselves, of their respective organizational structures, governance, market positions and competitive advantages. Following the first stage of selection a total of 27 companies were identified and 13 were then admitted to the two short lists (four for the junior category and nine for the senior category) and reviewed by the technical committee. Carel was awarded the first prize in the senior category (more than 499 employees), reveals the company’s press release.

 

With its registered office at Brugine, in the province of Padua, CAREL had a turnover of €95m in 2006, up 47.2% vs 2003, with just under 700 staff on the books. Further growth was recorded in 2007 by this company operating in the refrigeration, air conditioning and humidification sector. The prizes will shortly be awarded by the Chairman of the Management Board and Chief Executive Officer of Mediobanca at a conference during which the senior management of the two companies will present their respective business histories. 




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