I N T E R N AT I O N A L NICHE MANUFACTURER OF THE YEAR, ELDA LTD. GAMECHANGER OF THE YEAR, DARIO MARENIC, ELDA LTD.
Elda Ltd is a company that has been successfully operating for more than 30 years. We have been active in selling electronic cigarettes and manufacturing e-liquids since 2008. The company has been developing rapidly, keeping pace with the fast rise of e-cigarette industry, and has grown in a short amount of time from a small family company into one of the leaders in the world market. We work with wholesalers and retailers. Great offer for them is that we can ensure them liquids according to their recipes, brand names and design of packaging. Elda is ranked among the manufacturers that meet the world's quality standards required for the global market. 2015 Elda has further increased the technological standards by introducing ISO 9001: 2008, OHSAS 18001: 2007 and ISO 14001: 2004 standards, and in 2016. Elda has obtained certificates for HACCP and ISO 50001. From the beginning of production, Elda has developed its own technological process for the production of e-liquids, and through the research of different ratios, additives and aromas, by the year of 2014, 400 different recipes were developed. Since 2010, Elda's total production capacity and sales of e-liquid have been growing continuously. The machines in the production facility today allow production of about 250,000 bottles and 1 million ampoules per day. In Elda, innovations have always been the key of success and the best way for taking the leading position on the market. Elda strategy is to always offer innovative products of the highest quality. What is more, we always try to do our best and be at least one step ahead of others. When we launch new innovative product or service, the same moment we start thinking ahead and find out which improvement we can offer next.
Elda Ltd. Zrinskih 62, 35400 Nova Gradiska, Croatia, Europe T. +385 35 361 361 F. +385 35 362 362 www.eliquid-shop.com www.elda.hr
We couldn’t be so successful without technology because technology is something that ensures us to produce huge quantities of high quality products in shortest period. Moreover, technology and new analytical laboratory ensures us to make complete e-liquid, e-cigarettes and cannabis testing. We are always ready to invest in new machines because it will make our business much easier and we can ensure our customers complete service in only one place. That is one of the reasons why we are leaders on the market. Our future plans are to invest in new technology and new production facilities. This is the plan that we always fulfill and after that we set the scale on the higher level. Our goal is to predict the way that the market will be developing and every moment be at least one step ahead of our competitors in order to offer our business partners and end customers the most innovative products of the highest quality.
I N T E R N AT I O N A L COMPANY OF THE YEAR (ELECTRONICS), ELECTROCOMPONENTS PLC GAMECHANGER OF THE YEAR, LINDSLEY RUTH, ELECTROCOMPONENTS PLC
When I joined Electrocomponents as CEO in 2015, it didn’t take me long to realise the potential of the company. We are a global high-service distributor supporting customers with a broad range of industrial and electronic products and services that are essential for the successful operation of their businesses. We have a large, fragmented and growing marketplace, strong brands and a huge customer base. But we also had some clear challenges. I was struck by the complexity of the organisation and its processes. Our financial results were poor. Overall, our costs were way too high and our customer service was not where it should be. In November 2015, we began a journey to transform the business and its financial performance. We’ve made many changes on a worldwide basis. We’ve made strong progress and taken a major step forward by focussing on getting the basics right. This focus has led to a significant improvement in our 2017 financial results with faster revenue growth, an increase in gross margin, a higher conversion of gross profit into operating profit, and substantial year-on-year growth in headline operating profit. We are reinventing an 80-year-old company. We’ve begun to refocus the business back on what lies at its heart, the customer and the supplier. Everything we do is about making our customers’ lives easier. Our future will be determined by how quickly we gather insight, interpret it and deliver the solutions they need.
Lindsley Ruth, CEO
Electrocomponents plc Fifth Floor Two Pancras Square 2 Pancras Road Kings Cross, London N1C 4AG Tel: 0207 239 8400
We’ve significantly reshaped and strengthened our leadership team, a team that shares my ambition and vision for the business, for whom a satisfactory performance is no longer good enough. This is important if we want to drive transformational change in our culture and our results, since it starts with the leadership and it starts with me. As we move into 2018, we are using the strong momentum we’ve gained to reinvest in our brands, people and systems. We will drive more innovation into our business to accelerate growth and increase efficiency. I am more excited about this business today than I was when I joined two years ago. We have the ideas, the people and the focus to be significantly more important, much larger and more profitable in the years to come. We’re encouraged by results so far, but feel we are still very much at the beginning of this journey and have significant opportunity for further improvement.
Published on Jul 18, 2017
Published on Jul 18, 2017
ACQ5 is proud to announce to the world the winners of the ACQ5 Global Awards 2017. The 2017 ACQ5 Global Award winners represent the best o...