Awards

2003

Idet News 2003
A prestigious award at the IDET 2003 International Trade Fair of Defence and Security Technologies.

Every year, this prize is awarded by the editorial team of IDET News magazine to twenty excellent products selected from exhibits at the IDET trade fair. The jury includes domestic and international journalists specializing in the field.
Ray Service was awarded this prestigious prize for the System 25 (RayChem) component system for the production and modernization of aviation and ground equipment cabling.

2004

Structure of the Year 2004
Industrial and Agricultural Structures Category

Ray Service's production plant was named "Structure of the Year" in the Industrial and Agricultural Structures category at a competition organized by the Association of Building Entrepreneurs, the Czech Chamber of Authorized Construction Engineers and Technicians, and the Czech Chamber of Architects, under the auspices of the Zlín Regional Council and Deputy Minister for Regional Development Jan Slanina.

2005

Top 50 Pike of Czech Business 2005
Ninth place in Zlín Region on this list published by Profit Magazine in cooperation with Coface Czech Co.

On a countrywide scale, Ray Service was ranked in the Top 100 companies, taking 89th place in a total field of 9273 Czech companies, with an A-4 rating (an investment-worthy company).
The goal of this ranking is to offer the business community and public at large an objective tool to assess the medium-term dynamics of Czech companies on a national and regional level. The list also helps companies in better identifying potential business partners and performing market segmentation.
A condition for inclusion in the competition is availability of financial results for the last three years, revenues of over one million euros, having turned a profit in at least one year of the three-year period, and being capable of meeting liabilities. Ranking is decided by five criteria: revenue growth, ROE, ROA, common liquidity and debt.

2007

Investor of the Year
1st Place in the Subcontractor of the Year category for 2006

This competition is organized by the CzechInvest Investment and Business Development Agency and the Association for Foreign Investment. The competition judges top companies whose investments have most contributed to the growth of the Czech economy during the past year.
Based on an assessment using the EFQM model, Ray Service received first place for significant improvements in the Supplier Development Programme for gaining new orders.