100 Maneiras Excellence
Low Cost Food Concepts, owner of 100 Maneiras, has earned the “PME Excelência 2017” (“Excellence SME 2017”) status for the first year.
The statute, awarded this year to about 2.000 companies in Portugal, “is a hallmark of reputation that allows distinguished companies to relate to their surroundings – suppliers, customers, the financial system and national and regional authorities – based on trust that facilitates the development of its business, “explains IAPMEI, the institution that awards the title with Turismo de Portugal (in the case of tourism companies) in partnership with 11 banks operating in the country.
The purpose of this selection, which distinguishes the “best of the best” leader small and medium-sized entreprises , is “to give SMEs notoriety, in a fair recognition of their merit and their contribution to the results of the economy”.
Valid for one year, the status is attributed having by criteria, in the case of companies in the area of Tourism, financial autonomy, net return on equity, net financial debt and growth in turnover, among others.
The recognition comes at a time when the company is about to open a new 100 Maneiras restaurant, in an investment effort that aims to increase the solidity and quality of the services provided.