AZKOYEN (IBEX 35) 0 (0%)

Azkoyen Group joins the community of excellent companies of the CRE100DO Foundation

Grupo Azkoyen | Azkoyen Group joins the community of excellent companies of the CRE100DO Foundation
21 Nov 2023
  • The Spanish multinational has been selected to become part of this exclusive group of companies that represents the most outstanding companies in the segment of the Spanish Intermediate-Sized Enterprise (ETI), with a turnover of between 50 and 500 million euros.
  • CRE100DO Foundation promotes business excellence by bringing together the most prominent Spanish Intermediate-Sized Enterprises to stimulate their growth, innovation, and cooperation.

Azkoyen Group, a leading technology multinational specializing in payment solutions, access control, and vending machines manufacturing, has joined the community of excellent companies of the CRE100DO Foundation. The foundation promotes business excellence by bringing together and supporting the segment known as Intermediate-Sized Enterprise (ETI), companies with a turnover between 50 and 500 million euros.

The announcement of this new company’s entry into the CRE100DO Foundation was made public by the foundation’s general director, Rafael Vaquero, during their annual event held yesterday afternoon in Madrid. Present at the event were Juanje Alberdi, director of the Coffee and Vending, and Payment Solutions divisions, and Darío Vicario, CEO of Azkoyen Group, who stated, “We are convinced that belonging to the CRE100DO Foundation, where we share space and best practices with other companies, will allow us to generate synergies and implement improvement initiatives that will be very positive. Furthermore, from Azkoyen Group, we will contribute our knowledge and experience to promote global growth.”

In addition to Azkoyen Group, the list of new additions to the CRE100DO Foundation includes nine other companies: Agolives, Airzone, Eurosemillas, Keyter Intarcon, Primaflor, La Casa de las Carcasas, Teknia, Kava Home, and CEAMSA.

The CRE100DO Foundation

Nine years ago, Fundación Innovación Bankinter, ICEX-Spain Export and Investments, and Círculo de Empresarios launched the CRE100DO program, which has now become a consolidated foundation. Its objective is to promote business excellence by bringing together and supporting excellent companies in what we call Intermediate-Sized Enterprises (ETI). These companies, due to their characteristics, are capable of improving the competitiveness of our productive model. The CRE100DO Foundation consists of a community of 135 excellent companies that have, among other things, had a clear vision, transformed themselves, internationalized, and innovated, serving as an example for smaller companies in their journey towards excellence.

The companies that are part of the CRE100DO Foundation have experienced a 28.3% growth in their turnover in the past year, surpassing the national average by 18 percentage points (10.3%).