Financial News from Sri Lanka: Textrip[ Pvt] Ltd, a subsidiary of the Elasto Group of Companies, won the 2019 CNCI Achievers Award for Achievement of Industrial Excellence in the Large Category-Manufacturing Sector and Silver Award of the Provincial Large Category-Manufacturing Sector.
The prestigious Silver and Bronze Awards were awarded to Textrip Managing Director Mangala Gunasekera at the Galadari Hotel, Colombo event. The company’s Elasto Group was established by the renowned late Eng philanthropist. Donald Gunasekera and late Wilson Gunasekera’s brother.
To make Elasto a household name, the duo brought the businesses to the top of Sri Lankan’s financial landscape. R&D work was at the heart of the Elasto Group, making the Texstretch Progressive Resistance group the legitimate princess under Textrip[ Pvt] Ltd.
Texstretch the world-famous brand under which the product portfolio of Textrip [Pvt] Ltd., has now invaded 27 countries in the world from the USA, Europe, Pacific Rim Countries with newest members are now joining to the list.
“It is the team effort we are after and not for the personal glory.” The parting words of Mangala Gunasekera, said referring to his company success. He greeted his team with much affection and gratitude. Elasto Group of Companies has also always strived to follow environmental friendly processes in that it reduces its environmental impact, energy use and adopt waste management strategies. The Elasto Group of Company’s headquarters and factory are located in Bentota possesses the ISO 9001:2015 and ISO 14001:2015 certificates.