EnviTec Biogas receives Frost & Sullivan Best Practices Award 2010
Lohne, 14 October 2010 – EnviTec Biogas AG has picked up a prestigious award. In recognition of its excellent achievements in the biogas sector, the Frost & Sullivan Best Practices Award 2010 went to the company based in Lohne in the state of Lower Saxony. “This award shows that we are familiar with our customers’ needs and remain on the right track,” says Roel Slotman, the Board member in charge of international sales (CCO), in his acceptance speech.
By awarding this prize in the category “Global Biological Waste-to-Energy Competitive Strategy Leadership”, global management consultancy Frost & Sullivan highlights EnviTec’s outstanding competitive position in the implementation of an international growth strategy, in researching and developing efficiency-boosting technologies, in the realisation of forward-looking major projects and in terms of customer satisfaction. “The success of EnviTec Biogas is based on international expansion, competitively priced products and innovative technologies to raise the gas yield,” the jurors from Frost & Sullivan said.
Their report went on to say that EnviTec has been moving into new markets faster than other suppliers of biogas plants. The Frost & Sullivan analysts cited as examples Italy, the Czech Republic and India, three countries where EnviTec’s business is currently growing at a rapid pace, with pioneering projects being realised. In India, for example, EnviTec is currently constructing several major plants which will allow the local state utility to extend the provision of electricity to villages in the agrarian state of Punjab.
“Frost & Sullivan Best Practices Awards” single out companies in a variety of national and international markets based on outstanding achievements and the highest levels of quality in such areas as leadership position, technological innovation, customer service and strategic product development. To selecting the award winners, Frost & Sullivan’s analysts scrutinise all products and R&D projects in an industry. In addition, the analysts conduct interviews with market participants, customers and distributors, backed up by comprehensive secondary analyses and technological research. The awards eventually go to those companies which lead their respective sectors on the strength of their products and services.
“Biogas offers numerous benefits and its enormous potential is being recognised by more and more politicians and investors worldwide,” said EnviTec CCO Roel Slotman at the presentation ceremony. “I would like to thank our customers in agriculture and industry as well as our investors for the confidence placed in us. Moreover, I would like to express our gratitude to our employees whose commitment and expertise have made our success possible.”
About EnviTec Biogas AG
EnviTec Biogas AG covers the entire value chain for the production of biogas - including the planning and turnkey construction of biogas plants as well as their commissioning. The company provides the biological and technical service, and also offers full plant and operating management. In Güstrow, in the German state of Mecklenburg-Western Pomerania, EnviTec Biogas built the world’s largest plant for the production of biogas to natural gas standards with a thermal output of 55 megawatts. In addition, the company also operates its own biogas plants. Today, the company is represented in 15 countries throughout Europe, as well as in India. EnviTec Biogas generated revenues of EUR 120 million and EBIT of EUR -0.5 million in 2009. The EnviTec Group currently has 411 employees. EnviTec has been listed on the Prime Standard segment of the Frankfurt Stock Exchange since July 2007.
Press contact:
Thomas Bolte
EnviTec Biogas AG
Tel: +49 25 74 88 88 -198
t.bolte@envitec-biogas.de
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