NEWS
RELEASE
WEG is the chosen as “Company of the Year” by Exame
magazine’s “Maiores & Melhores” survey
Accolade is one of the most important and traditional in the Brazilian business
press, using an objective methodology that favors aspects like market
leadership, profitability and growth, among others.
Jaraguá do Sul, July 02, 2015 – WEG (Bovespa: WEGE3 / OTC: WEGZY)
received on the evening of July 1, the "Company of the Year" accolade Exame
magazine’s “Maiores & Melhores” survey.
The designation is result of research conducted by Exame magazine, which
considers economic and financial data for 2014, such as market leadership,
profitability, growth, liquidity, investments and wealth generated per employee.
As in every year, the magazine publishes a list of the 1,000 biggest and best
companies in Brazil, highlighting the 18 champions by business segment. This is
the 11th time that WEG was chosen in the Capital Goods sector and the first time
that it was also chosen as the best overall.
“For the past 53 years, WEG is a company with ambitious goals, one that
establishes large challenges and bold goals, and that motivates people to achieve
them, with discipline and planning. This culture, combined with the significant
investments in people, teamwork, technology and the market, explains the
company's success. It also explains the fact that we are receiving this important
recognition from the national press", said Harry Schmelzer Jr., WEG’s CEO.
Since 1981, when first nominated as Best Company, at the time in the Machines
and Equipments, WEG has been cited in Exame’s ranking. To Mr. Schmelzer,
the “Best Company in Brazil” designation reflects the collective effort of the entire
team. "This is the solid and well-grounded foundation we have inherited from
WEG’s founders. This is the culture that leads us to grow and to occupy important
spaces in the global markets”, explains.
Mr. Schmelzer also dedicated the award to all people who have contributed in
some way to the company’s growth. "I thank all our employees, customers,
shareholders and suppliers who work day after day to make WEG a company
that is agile, competitive and, above all, committed to goals and results”.
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NEWS
RELEASE
For more information, please contact:
Investor Relations
Luis Fernando Oliveira
(47) 3276-6367
Twitter: @weg_ir
luisfernando@weg.net
www.weg.net/ri
Corporate Communications
Andressa Cristina Pereira
(47) 3276-4295
Twitter: @weg_wr
andressa@weg.net
www.weg.net/br/Media-Center
Statements about Future Events
Certain statements herein contain projections or other forward-looking statements regarding future events. Any such statements are
subject to known and unknown risks that may cause the actual results to be materially different from the expectations. Those risks
include, among others, changes in the future demand for the products of the Company, changes in the factors that affect the
domestic and international prices of the products, changes in the cost structures, changes in the markets, changes in the prices
practiced by the competitors, exchange rate variations, changes in the political-economic scenario in Brazil and in emerging and
international markets.
About WEG – Founded in 1961, WEG operates mainly in the sector of capital goods
and is one of the largest world manufacturers of electric-electronic equipment, having
five main businesses: Motors, Energy, Transmission and Distribution, Automation and
Coatings. WEG has manufacturing units in 11 countries and is present in more than 100
countries, servicing all industrial segments, including oil and gas, mining, infrastructure,
steel, pulp and paper, renewable energy, among many others. With over 31 thousand
employees, WEG’s Net Revenues reached R$ 7.8 billion in 2014.
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