Virs, Alpod & MI Elektronika Win Gazelle Awards as Slovenia’s Fastest-Growing Firms

By , 24 Oct 2019, 10:13 AM Business
Clockwise from the top: Virs, MI Elekronika, Alpod Clockwise from the top: Virs, MI Elekronika, Alpod From the companies' websites

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STA, 22 October 2019 - Virs, a supplier of welding and cutting solutions, won on Tuesday the annual Golden Gazelle Award for the fastest-growing company in Slovenia, conferred by the newspaper publisher Dnevnik.

The Lendava-based firm, established 15 years ago, has developed in into a highly specialised company in the field of automation and robotisation in welding and cutting.

Its revenue increased almost fourfold in the last five years to reach EUR 8.2 million last year, Dnevnik pointed out.

Virs's added value per employee amounted to EUR 67,945 last year, the company has an AAA credit rating, is paying above average wages, it has a registered research team, its solutions are facilitating the development of manufacturing companies in Slovenia, while the company is also competitive on foreign markets.

The Silver Gazelle Award went to Cerknica-based Alpod, the largest distributor of floor coverings in SE Europe, and the Bronze Gazelle to printed circuit board assembler MI Elektronika from Brezovica.

The Gazelle Award project was launched in 1991, and was upgraded with six regional competitions and the national competition in 2001.

Last year, the main award went to wood processing machinery maker Mebor from Železniki.

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