UAB Juodeliai – Among Fastest Growing Companies in 2011 – 2014

In order to encourage the competitiveness between small and medium businesses the “Verslo žinios” daily for already 12th year in a row has promoted a special international project – a competition among the fastest growing enterprises named “Gazelle”. UAB Juodeliai, a wood processing company, was included into the “Gazelle 2015” list of nominees as well.

On January 29 of this year, during the final festive event, 10 enterprises from all regions were awarded the title of a fastest growing enterprise. And, of course, the “Gazelle 2015” of the Republic of Lithuania was elected. Her Excellency Ms. Dalia Grybauskaitė, President of the Republic of Lithuania, congratulated the enterprises that had exhibited exceptionally rapid growth in 2011 – 2014. In her congratulating speech, the leader of our country especially emphasized the importance of implementation of innovations.

The “Gazelle” label, awarded for company‘s fast growth, flexibility and profitability has already become a synonym for quality in both Lithuania and abroad. The number of rapidly growing enterprises is increasing in Lithuania, therefore the project promoted by “Verslo žinios” has witnessed a record number of participants. 4 042 enterprises have joined competition for the “Gazelle 2015” title. The number of participants in 2014 has been exceeded by one thousand, which demonstrated increase in business community strength and maturity. All these “gazelles”, including UAB Juodeliai, have demonstrated an enviable speed of turnover increase. The wood processing company UAB Juodeliai, was nominated in “Gazelle 2012” competition as a fastest growing company in Marijampolė County, while in 2013 and 2015 it was also present on the list of nominees.