GENEART Again Honored with "BAVARIA'S BEST 50" Award
GENEART is among the 50 most dynamic companies in Bavaria
GENEART AG is among the 50 most dynamic companies in Bavaria and has been awarded "BAVARIA'S BEST 50" by the Bavarian State Ministry for the third time. Since its market entry in 2000, GENEART evolved to the world market leader in synthetic gene production, according to the company. Furthermore, GENEART today is one of the leading experts worldwide in the area of synthetic biology.
GENEART has almost doubled its capacities each year since its foundation by continuous process improvements and an increasing level of automation. The number of employees has increased during this corporate development to approximately 190.
A steady expansion of the application of gene synthesis in industry and research, also in the field of Synthetic Biology, allowed GENEART to increase its net sales on average by 58% per annum over the last four years. The Group's net sales have grown from EUR 2.5M in 2004 to EUR 15.7M last year. GENEART expects its net sales for 2009 to reach at least previous year's level despite a difficult economic environment.
The Bavarian State Minister for Economy, Infrastructure, Transport and Technology, Martin Zeil, honored the 50 most dynamic companies in Munich. The prize has been awarded for the eighth time to companies with particularly strong growth over the past years as indicated by increasing both net sales and number of employees by more than average.
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