Winner of the Forbes Award for Family Companies
The ranking of Forbes family businesses is a pioneering ranking of the most dynamically growing family businesses. This year’s Gala took place on September 20, 2018 at the Hotel Stary in Cracow. The CENTRUM company became a laureate in the ranking of the Family Companies Forum and took the 3rd place in the enterprise category with revenues above 100 million in the Lesser Poland voivodship. The strategies of family enterprises in Poland and in the world are usually focused on the growth of the company’s value in the long-term perspective. Family businesses are said to be so-called patient capital, because it is not the profit which is the most important for them, but the durationin the long run. During this time, the company builds brand, trust, its own identity and implements a long-term strategy.
Family businesses are more likely than other market players to resist the pressure of short-term benefits.
The family nature of the company has a big impact on its stability because the activity is not only about fast growth but, previously mentioned, calm and stable development. Profit, which in the vast majority is reinvested, is not the cause, but the result of the awarded business achievements.