Cinkciarz 18th in the Rzeczpospolita Ranking

May 16, 2016, 10:00 ET from

LONDON, May 16, 2016 /PRNewswire/ --

Cinkciarz is the largest company with Polish capital - says the Rzeczpospolita ranking. The company was also placed 18th in the ranking of the 500 largest companies in Poland, having advanced by nine places compared to last year.

The List 500 is a complex image of the Polish economy, compiled based on the performance of the largest companies in Poland. The ranking, published by Rzeczpospolita, is the oldest list presenting the outcome of the highest grossing companies.

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This year, Cinkciarz was ranked in 18th place on the list of the 500 largest companies in Poland, and placed first on the list presenting the largest companies with Polish capital.

Rzeczpospolita emphasized Cinkciarz's investments in personnel. Among companies to base their increase in employment, as well as income, on so-called organic growth, Cinkciarz and the drugstore chain Rossmann took the lead. Cinkciarz, a leading brand in the online currency exchange market, which gained large media coverage after its spectacular promotional event, including two former presidents of Poland (Lech Walesa and Bronislaw Komorowski), who accompanied the company when it entered the US market, increased employment twofold last year - wrote Rzeczpospolita.

Cinkciarz currently employs over 160 people. In five years' time, the company plans to increase employment to 500. This increase is the result of an innovative project developed by Cinkciarz to build Artificial Intelligence, as well as the Research and Development Facility that will be built specifically for this cause. Last year, the company opened a representative office in Chicago.

"Such a high place in the Rzeczpospolita ranking adds additional stimuli for us to constantly raise the bar for the competition. We are certain that by investing in the company's development and personnel, we are securing an exposed position on this list, not just for this year, but also for years to come" commented Piotr Kicinski, Cinkciarz vice-president.

Cinkciarz is a repeat winner of the global Bloomberg Rankings. The currency exchange company was named "Player of the Year" 2016 by Forbes magazine. The CEO of Cinkciarz, Marcin Pioro, was awarded Best Manager 2015 by Bloomberg Businessweek Poland. Moreover, Reuters described the company as dominant in the Polish currency exchange market. The event that gathered the most attention from the media was the signing of the sponsorship contract with the NBA team, the Chicago Bulls.