NEW ALBANY, Ohio, Sept. 25, 2013 /PRNewswire/ -- Commercial Vehicle Group, Inc. (Nasdaq: CVGI), a leading supplier of fully integrated system solutions for the global commercial vehicle market, announced today that its C.I.E.B. facility located in Brandys nad Orlici, Czech Republic, has been granted the CEKIA Stability Award. C.I.E.B. is a seat manufacturer primarily serving the commercial bus and truck markets in Europe.
Bisnode and the CZECH TOP 100 Association present the CEKIA Stability Award. Bisnode is a leading provider of information about businesses and consumers. Bisnode helps translate data into information and provides management information on customer-centric relationships. The CEKIA Stability Award provides an independent opinion on both the financial and non-financial standing of a company.
C.I.E.B. received the highest possible AAA rating in the "Most Stable Company of the Year" category. The Stability Rating evaluation model is based on a statistical analysis and information covering demographic data, background on the business's payment history, financial data, its relations with other constituencies and macro-economic data. This recognition certifies that the company employs open communication policies and provides relevant information about its business results and ownership structure.
Patrick Miller, President of Global Truck and Bus for Commercial Vehicle Group commented, "I am very proud of the C.I.E.B. team for earning this award and establishing us as one of the Top-100 Czech companies. This recognition underscores CVG's commitment to providing a safe, stable and exciting work environment based on teamwork, integrity, continuous improvement, passion and innovation."
"Only two percent of all registered companies in the Czech Republic meet the criteria to achieve this award. This recognition lets current and potential C.I.E.B. customers know they are dealing with a sound, stable and trustworthy partner when they work with C.I.E.B," Miller concluded.
About Commercial Vehicle Group, Inc.
Commercial Vehicle Group is a leading supplier of a full range of cab related products and systems for the global commercial vehicle market, including the heavy-duty (Class 8) truck market, the construction, military, bus and agriculture markets and the specialty transportation markets. The Company's products include static and suspension seat systems, electronic wire harness assemblies, controls and switches, cab structures and components, interior trim systems (including instrument panels, door panels, headliners, cabinetry and floor systems), mirrors and wiper systems, specifically designed for applications in commercial vehicles. The Company is headquartered in New Albany, OH with operations throughout North America, Europe, Asia and Australia. Information about the Company and its products is available on the internet at www.cvgrp.com.
John M. Hyre
Tel.: +1-(614) 289-5157