Corinth Pipeworks was ranked among the twenty companies, which participated in the final evaluation phase of «Growth Awards» and was distinguished for its excellent performance. This distinction confirms our strategy of building a resilient, competitive company that focuses on Sustainable Development, while in the current difficult economic environment, continuing its dynamic growth in the domestic and international markets of integrated solutions in the energy and construction sectors.
«Growth Awards» is a joint initiative of Eurobank and Grant Thornton aiming to emerge the creative, productive and competitive Greece. It concerns remarkable examples of Greek entrepreneurship and awards those that have combined high economic performance with successful modern corporate governance, strong domestic presence with export activity and the formation of a modern business model and work ethics. The «Growth Awards» ceremony was held on Thursday, December 1, 2016 at the Athens Concert Hall.
The selection process involves the use of specific key financial figures and ratios of 8,000 companies under the evaluation model "Financial Growth / Health Matrix" of Grant Thornton, Eurobank's credit assessment tools, nominees’ stories, and a set of criteria that effectively combine numbers with the catalytic role of the human factor.
Mr. Apostolos Papavasileiou, CEO of Corinth Pipeworks stated: "Corinth Pipeworks operates in a highly competitive environment at national and international level. To respond to the challenges we meet and to rise to the expectations of shareholders, employees, customers, suppliers and other stakeholders, we have integrated into our business strategy important aspects, such as responsiveness to market and customer needs, adoption of technological innovations and maintenance of excellent relations with the supply chain. The business model the Company implements, seeks to continuously improve its performance and to develop its people”.
Mr. Nicholas Karamouzis, Chairman of the Board of Eurobank noted: "Today, we award the winners of the open market economy operating in difficult conditions. The new Greek entrepreneurship that does not depend on the state or subsidies or seek protection from competition, but relies on its own strength, employees and executives, and the restless creative spirit of its founders who face challenges, take risks, choose creativity, invest in the future of their business, and the future of the country. All they want is a stable economic, institutional, political and tax framework free from obstacles, as those enjoying their competitors in other countries ... ".
Mr. Vassilis Kazas, CEO of Grant Thornton Greece, noted: "With the realization of the common vision we had with Eurobank, we want to point out that in a period of prolonged recession in our country, there are not only fiscal measures and expenditure cuts. The country's return to normality and openness will come mainly through investment, development and exploitation of the most important capital we have: our people and we believe that Greek companies will have a dominant role in this process.”
