REC voted as a top internationally-minded company by the European Commission

Solar panel supplier REC has been voted as the second “Most Internationally-Minded Newcomer” at an awards ceremony to celebrate the winners of the European Small and Mid-cap Awards.
REC voted as a top internationally-minded company by the European Commission

The awards honour the best European small and mid-sized companies who have gained access to capital markets via an Initial Public Offering (IPO). The event is co-hosted by the Federation of European Securities Exchanges (FESE) and EuropeanIssuers and held in Brussels. It is now in its second year and aims to highlight what can be achieved by small and mid-cap companies through IPOs. Among the short-listed nominees, many have significantly increased both revenues and profits since their listing.

The winners were chosen by an independent jury, including World Federation of Investors, Winterflood Securities, mLex, Bryan, Garnier & Co, and Alpha Trust Investment Services. REC’s award was accepted by Luc Graré, the company’s Senior Vice President.

“We highly appreciate being voted as a top internationally-minded company” Mr Graré said. “This is a great testament to our successes and sustainable business model as a global leader in the solar industry. Solar power has grown to become a key energy source for many countries over the past few years due to continued technological advancements, cost reductions, and the increased global focus on the environment. It’s comforting to know that the sun could be the world’s largest source of electricity by 2050, as indicated by the International Energy Agency (IEA).”

Mr Graré added that REC will build on the award by expanding to new markets as solar power expands its global footprint. The company is one of the largest European suppliers of solar panels worldwide. It is headquartered in Norway and has more than 15 years of experience offering sustainable, high performing products, services and investments for the solar industry.

The company manufactures its high-quality solar panels at a state-of-the–art and full-automated production plant in Singapore. It maintains an established global solar sales and marketing organization with operations in Japan, India, UAE, Thailand and USA.

FESE represents 37 exchanges in equities, bonds, derivatives and commodities through 20 full members from 30 countries, as well as one Affiliate Member and one Observer Member.

EuropeanIssuers is a pan-European organization representing the interests of publicly quoted companies across Europe. Members include both national associations and companies from all sectors, covering markets worth 6.9 billion euros market capitalization with approximately 9,000 companies.


Federation of European Securities Exchanges (FESC)


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