IDE between the Fastest Growing Greek Companies

IDE (INTRACOM Defense Electronics) is included in the list of “The 30 Fastest Growing Greek Companies” published by the FORTUNE magazine in the anniversary issue of December 2017 with the largest Greek companies.

The announcements were made at a special ceremony on December 6th, 2017, attended by IDE’s CEO Mr. George Troullinos. IDE is the main representative of the Greek industry in this list and the only one in the field of defense. This is undoubtedly a very important recognition for IDE, as the results were performed in the midst of adverse international financial conditions.

This distinction for IDE is a reward for the extroversion of the company, whose exports in recent years amount up to the 98% of its revenue, being a major commercial partner with more than 5% of the trade balance of Greece with the United States.

The criteria for this distinction refer to profitable companies (excluding banks and insurance companies) with a turnover of more than 50 million Euros, registering a continuous turnover increase over the last three years and which, either do not have any borrowing or manage to reduce it continuously