WEG was one of the winners of the "Época Negócios 360º" Prize awarded by Época Negócios magazine.
Besides winning the first place in the overall ranking of Mechanics and Steel sector, WEG was also ranked 2nd on "Capacity to Innovate" category, 3rd place on "Financial Performance" and 4th place on "Social and Environmental Responsibility".
Época Negócios 360º Directory elected the 300 best companies in Brazil, based on several topics, including; financial performance, HR practices, innovation capacity, social and environmental responsibility, long-term vision and corporate governance. Sponsorship by Fiesp, the award ceremony took place at Villa Vérico in São Paulo.
"The economic crisis also affected WEG in 2016, forcing us to review our business plan to allow us achieving the goals. Thanks to the reorganization capability and performance of our team, we have managed to overcome tough challenges and achieve positive results. Therefore, this award is dedicated to all employees who have worked hard to keep the company on the growth track and to WEG's customers and shareholders who have always supported and trusted on our performance", says Harry Schmelzer Jr., CEO of WEG.