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  3. •Look at the statements below and description of some of the Europe’s fast growi

•Look at the statements below and description of some of the Europe’s fast growi

游客2025-05-30  0
问题 •Look at the statements below and description of some of the Europe’s fast growing companies on the opposite page.
•Which company (A, B, C, D or E) does each statement 1-8 refer to?
•For each statement 1-8, mark one letter (A, B, C, D or E ) on your Answer Sheet.
•You will need to use some of these letters more than once.
A                        City Refrigeration
In 1985, Willie Haughey and his wife started a small business providing pubs in northeast England and Scotland with refrigeration and technical services, investing about $100,000 that Willie had made by working for a Carder air-conditioning branch in file scorching Persian Gulf states. Almost two decades latex, the two are running a major company with blue-chip clients from their base hi Glasgow. Willie, who serves as executive chairman, says that City Refrigeration Holdings Ltd., with close to 10, 500 employees, will bring in some 360 million in revenues this year. Earnings before interest and taxes will be an estimated 11 million.
B                             New Wave
New Wave Group is riding high these days. The Swedish clothing company sells a mix of moderately priced casual lines, workmen’s gear, and sportswear in 12 countries from China to Switzerland. Sales have been increasing at a 41% annual clip since 1990, and the company is on course to do the same this year. In just the first half of 2004, sales were up 20%, to 117.8 million, while profits grew by the same percentage, to 9.3 million. "They’ve been quite successful at erecting new markets," says Lars Frick, a retail analyst at Kaupthing Bank in Stockholm.
C                             Formula Servizi
Formula Servizi, founded in 1975 as a nine-woman cleaning co-op, has seen its revenue grow steadily in the last several years, reaching 27.8 million at the end of 2003, while profits grew from 855,000 in 2000 to 3.4 million last year. One of the elements behind the fast growth of Formula Servizi is its cooperative ownership structure. Out of a total of 1,291 employees ms of the end of last year — 87% of them women — more than haft are part-owners of the company and are invited to participate in its democratic decision-making process, voting on strategy and investment decisions. This definitely helps motivate workers.
D                              Eurofins
Mad cow disease. Genetically altered crops. Food additives. Who knows what’s safe to eat and drink these days? Eurofins Scientific does. Based and set up in the French city of Nantes in 1988, Eurofins is one of the world’s leading bioanalysis groups, testing everything from fruit juice to pharmaceuticals. With profits of 1.6 million last year on revenues of 168.7 million, it’s riding a surge in demand for biotesting, as governments and industry seek to reassure the public about the purity and safety of food and drugs.
E                               Arup Group
Founded in 1946 by Sir Ore Amp, a British-born engineer who studied in Germany and Denmark, the firm has gone from a small engineering design outfit to a global player with annual sales of 592.8 million. Amp’s 7,000 employees are mattered across 73 offices in 32 countries. Business has been particularly brisk in recent years because of the firm’s holistic approach of employing engineers, architects, and ecologists. Sales jumped 44% in the three years to March, 2003. Yet the firm, which is profitable, isn’t even considering an initial public offering. Amp’s top executives like living without "watching-the-share-price pressure."  [br] The company’s earnings this year are likely to be more than 100 times the amount invested almost 20 years ago.
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