As they have in previous years, the Belgian economic magazine “Trends” searched for “Gazelles”—fast growing companies that symbolize competitive entrepreneurship.
Magnetrol® International NV, located in Zele, Belgium, was among the nominees for this award. MAGNETROL was nominated in the “Large Companies” category. The category contains companies with sales of at least €10 million. These companies reinforce the competitive capacity of the area, thereby having a positive influence on business in general.
Based on data and information published in Trends Top 100,000, the editors of “Trends” examine which of the companies have grown the fastest in the period from 2010 – 2014, as far as turnover, personnel and cash flow are concerned.
Since 1971, MAGNETROL International NV has had a branch office in Zele (larger Ghent Area), Belgium. MAGNETROL grows each year and creates additional opportunities on the job market, two key factors that are taken into account when nominating companies for the Gazelles Award. Congratulations to MAGNETROL on this nomination.