Taking place in Lecco, Italy, the Bilanci d’Acciaio meeting saw the presentation of awards to specific sectors, including wire drawing, springs and fasteners – with Specialinsert winning the award for fasteners.
Piero Arduini, president at Specialinsert Srl, collected the award at the event, with the other winners being ANCCEM for springs and Eure Inox for wire drawing. Founded in 1974, Specialinsert has over 60 employees and two production sites – one in Turin and one in Maerne di Martellago, Venice. The company produces over 100 million fastening systems annually and exports to more than 70 countries.
The Bilanci d’Acciaio awards focus on the capital, economic and financial performance of companies active in the Italian steel sector. To be included in the 2021 Bilanci d’Acciaio Study, companies must have had an annual production value for the 2019 financial year (the last year of the three year period examined) above €2 million. The key indicators analysed include overall profitability, marginality rate on sales (identified as the ratio of EBITDA on sales), profitability of sales (identified as the ratio of EBIT on sales), ratio of financial charges on EBITDA, total debt ratio (identified as the ratio of debt to equity) and the turnover growth rate.
The jury awarding the prizes was chaired by Claudio Teodori, professor at the department of economics and management of the University of Brescia, and included Stefano Ferrari and Gianfranco Tosini, respectively head and member of the Siderweb Studies Office.
Will joined Fastener + Fixing Magazine in 2007 and over the last 15 years has experienced every facet of the fastener sector - interviewing key figures within the industry and visiting leading companies and exhibitions around the globe.
Will manages the content strategy across all platforms and is the guardian for the high editorial standards that the Magazine is renowned.
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