Business Review Awards Gala 2021
Celebrating Romania's Business Champions
April | 2021 | Bucharest
About

Over the previous 15 editions of the event, Business Review sets the spotlight on the achievements of the business community, thus awarding and celebrating the companies, business leaders and entrepreneurs that showed drive, initiative and who achieved the best results in their class of business.

Facts & Figures from the previous editions

  • 15 Editions of Business Review Awards
  • Over 130 Honorable Jury Members
  • Over 550 of Romania’s most inspiring leaders, entrepreneurs, companies and initiatives in the spotlight
  • More than 2,000 representatives of Romania’s business elite
Why attend
INVEST IN YOURSELF

Witness inspirational initiatives, programs and companies and meet the people behind these successful accomplishments

CONNECT

200+ influential top executives, active investors, successful entrepreneurs, officials and diplomats

GET INSPIRED

A truly special evening in the company of like-minded individuals that aim to create value for businesses, for people, for Romania

AGENDA

The Business Review Awards Agenda will be updated soon!

Categories
1. Best CSR Initiative of the Year
This category awards the CSR initiatives of both Romanian and multinational companies with the highest impact on the community during the current pandemic. It also recognizes the efforts made by the business environment to support the communities and / or the sectors that have been hit hard by the negative economic impact of the SARS-CoV 2 outbreak.
  • Proven social impact of the business / initiative (community impact) in terms of number of direct beneficiaries, the impact on the community it is implemented in, the added value for the local CSR market / civil society scene;
  • Developing long term CSR programs or projects for local communities (long term commitment to the local community);
  • The initiatives must address a real need of the community (e.g. education, social intervention, health, environment, smart city);
  • Being transparent to the local community by publishing annual sustainability reports (GRI 4) is an advantage;
  • The initiative is part of a wider CSR strategy focused on a specific area of interest.
2. Best supporter of healthcare services
This category recognizes the efforts made by all the players active in the healthcare services sector be it pharma companies, medical clinics, medical technology players in order to come up with solutions meant to support the healthcare system to manage the pandemic in Romania.
  • Proven impact of the supportive initiative for the healthcare sector in its endeavor to get through these difficult times;
  • Results posted by the implementation of the initiative relevant for the community in the context of the pandemic (quantitative indicators);
  • The added value brought to the Romanian market in the context of the pandemic (qualitative indicators).
3. Working Romania Champion of the Year
The Working Romania Champion of the Year category awards the outstanding achievement of the companies active on the Romanian market – Romanian or multinational ones – when it comes to their HR strategy seen from different perspectives: work from home strategy, motivation and compensation plans, retention of their employees, non-financial benefits adapted to the specific of the pandemic (including measures taken to diminish the negative psychological pressure on their employees).
  • The main features of the HR strategy and its impact on the company’s workforce in the context of the pandemic;
  • The differentiator which makes the company stand out in the crowd, from the HR perspective, in the context of the pandemic;
  • The importance of the following aspects from the company’s HR strategy considering the negative impact of the pandemic: non-financial benefits adapted to the specific of the pandemic; recruitment; inducting new employees; compensating and rewarding its employees; career development pathways; rewarding employee success; internal communications systems; the work from home environment; leadership structures and styles, including promotion opportunities.
4. Most Adaptive Business Model in 2020
The SARS-CoV-2 pandemic disrupted the normal course of the global economy, including the local one. Flexibility and adaptability of the business models were the most important characteristics of a company in such a difficult year. This category recognizes the most innovative companies which managed to adapt their business model last year and became a role model for their sector or other industries.
  • The capacity to adapt in short, real time the business strategy in order to keep the business afloat in 2020;
  • The flexibility of the business model proven in the context of the new normal;
  • The impact of the adaptation/turnaround for the sector the company is part of;
  • The innovative aspect of its adaptation;
  • The importance of its adaptation for the next developments of the company in the coming years.
5. Innovator of the Year
This award recognizes novel, innovative and research-driven strategies, developed in/for Romania. The category is meant to cover the many developments related to the introduction of new products, services or campaigns, as well as the roll-out of R&D oriented investments in order to bring their contribution to a better life.
  • Clear element/elements of innovation of the business/service;
  • The potential of the smart technology / solution to support the smart development of the society (including cities);
  • Financial support received for implementing the idea (which demonstrates its innovative potential);
  • The outcome/impact on the economy/society;
  • The potential to be scalable / to multiply to other communities / cities.
6. Executive of the Year
This award has been developed to recognize innovation, excellence and results in a corporate setting. Our key goal is to recognize individuals who have demonstrated tangible successes across a number of industries and sectors. Plus, the award seeks to recognize remarkable achievements of business people that go above and beyond their daily roles and responsibilities as head of companies, local or international.
  • The company's growth in revenue and profit;
  • Innovation and transformational changes;
  • Impactful strategies;
  • Contribution to the nation's growth;
  • Activities / successes in the last 12 months when compared to industry peers;
  • Recognized industry expertise;
  • Innovation in company turnaround (where applicable);
  • Examples of company’s innovations that have ‘disrupted’ the industry status quo could be an advantage.
7. Excellence in Business | Powered by Apa Nova
This award recognizes the outstanding achievement of a local business over a longer period of time, looking at aspects such as innovative character, development achievements, market share and the overall relevance for the local business environment. In today’s hyper-fast world, excellence requires building flexible, nimble organizations that can quickly adapt to rapidly changing markets without losing sight of their vision of winning.
  • A bias for action;
  • Staying close to the customer;
  • Autonomy and entrepreneurship;
  • Clear and compelling organizational values;
  • Focusing on what they do best;
  • The strategy for development in the past years;
  • Unique endeavors to support the local business community;
  • Sustainable development strategy;
  • Top market position;
  • Exceptional business growth compared with peers;
  • Good retention of its personnel;
  • An ongoing employment processes;
  • A low level of the turnover of its workforce.

This category is powered by:


8. Most Dynamic Company of the Year
This award recognizes the most dynamic company in 2020, a challenging year for the local and global economy, by highlighting the growth of the business and the pace to which this growth has been registered. It also acknowledges the importance of the company for the increase of the sector and its impact on the economy and society as a whole in such a difficult year.
  • Profitability Growth ratio registered by the company;
  • The impact of the company in the sector it operates;
  • The impact of the company in the economy and society as a whole;
  • Number of employees.
9. Entrepreneur of the Year
This award recognizes the entrepreneurial efforts and achievements of a local business person who has managed to develop a successful regional or national business, looking either at the innovative nature of the business started or at the growth parameters and the created value.
  • Development of the business over the past two years;
  • Unique characteristics of the business;
  • Innovative approach;
  • Results achieved against investment and the overall industry;
  • Look at the ethics and values exemplified in the business;
  • The added value of his/her business on the market;
  • The capacity to scale up the business.
10. Company with the Highest Social Impact in 2020
The Company with the Highest Social Impact in 2020 award acknowledges the social impact of the companies on the Romanian market from the economic perspective. It also looks to the companies that have powerful initiatives to drive social change and are committed to making a difference alongside their business goals.
  • The economic impact of the company measured by the social measures they have taken (retain their employees, no cutting jobs) in the sector it operates;
  • Economic initiatives taken by a company which generated a social change;
  • Measures taken to support its employees and their families during the pandemic.
11. Personality of the Year
This award recognizes the impact of a local personality on economy, society, health and community, considering the current pandemic and its negative impact on all the aspects of our lives.
  • The impact of their role played in the current context of the pandemic;
  • Their capacity to influence through their decisions/actions the recovery of the local economy.
12. Business Review Special Awards
Nominate a candidate / project

Nominate your Business Champions of 2020 using the form below. Please fill out all fields and make sure to provide correct contact information of the person we can address further questions to, if needed! Submissions are open until March 16, 2021. After submitting your answers, you will be redirected on a page confirming your nomination was registered.

For any further details or queries, just drop us a line at events@business-review.eu

NOMINATIONS FORM
Your contact details. Please fill in your correct contact details in case we need to contact you for further details regarding your nomination.
 

Select the category you want to make a nomination for (you can make multiple nominations, for the same category or several, one at a time):
 

Your Nomination. Please provide all relevant details depending on the category you selected. If not sure what to write, please consult the description and judging criteria for each category, HERE.
 
Your nomination (Company / NGO / Project / Personality)
 

General Information: Please provide a brief historical overview for the nominated Company / NGO / Project / Personality. Both Romanian and English answers are accepted.
 

Business Objectives, Achievements and Strategy. Both Romanian and English answers are accepted.
 

Evidence of results. Both Romanian and English answers are accepted.
 

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Jury members
Lara Tassan Zanin
Head of Romania Representation | European Investment Bank
Marian Popa
Managing Director | Globalworth Romania
Andrei Gemeneanu
Co-founder & Managing Partner | Morphosis Capital
Marius Ghenea
Serial Entrepreneur and Business-Angel | Managing Partner | Catalyst Romania
Dragos Anastasiu
President | AHK Romania
Ramona Jurubita
FIC President | Country Managing Partner | KPMG
Irina Munteanu
Chief Financial Officer | Veolia Apa Nova
Mihaela Bitu
CEO | ING Romania
Fady Chreih
CEO | Regina Maria – The Private Healthcare Network
Anda Sebesi
Editor-in-Chief | Business Review Magazine
Judging Procedure

The Jury

  • Consists of top senior professionals representing the business community;
  • Is to apply qualitative & quantitative assessments for each candidate based on the information they are given;
  • Is assembled to nominate and vote the best representative for each category.

Judging process

Will consist of three steps that include both online activities and one Jury Meeting, as follows:

  • a nomination stage – done via email
  • a review stage (short listing – online vote on the eve of the Jury Meeting)
  • the Jury Meeting when the final vote is cast

Each member of the jury is responsible for their proposals and should nominate candidates which meet the eligibility requirements.

The nomination stage:

  • Via email | The jury receives the nominations of the Newsroom. For each category every member of the jury can propose up to 3 candidates. After the jury nominations, the proposed candidates will receive a standard form to fill in and submit before the second round of the judging process;
  • In case a jury member is representing a company that has been nominated for one or more categories he will not take part at the vote for that specific category (categories);
  • Any company that fits the eligibility requirements can submit an application (self-nomination) on the Business Review Awards event page or at events@business-review.eu until March 16.

Eligibility requirements:

  • Have at least one-year performance history through to December 31st, 2020;
  • Have consistent and positive investment objectives over the past year in accordance with the judging criteria of the specific category they are applying for.

Shortlisting and final voting stage

All candidates will fill-in and submit a standard online form. These standard forms will be the support for the decision taken by the jury during the online vote and the live meeting. If there are more than 3 nominees in one category, the jury will short list the top 5 by a ranking system previous agreed on, or simply using qualitative assessments.

Confidentiality

All information regarding the nominees is confidential and shall not be disclosed by the jury to the public or any other third party.

 

Nomination process

Step 1: Choose the category that best fit's your achievements or the company’s accomplishments. Submit your nomination/nominations, in English or Romanian, and enter the competition by March 16!
*you can fill-in multiple online forms in different categories and the nomination process is free of charge

Step 2: The BR team reviews all nominations. If all requirements are met, your nomination will be shortlisted and submitted to the Business Review Awards jury members.

Step 3: The Jury evaluates all submitted forms and makes a shortlist including 5 nominees that are the most successful in complying with the requirements. The shortlist will be announced on the website on March 26.

Step 4: The final vote of the jury will decide the winners in each category of the Business Review Awards.

Step 5: The winners are announced and awarded their prizes at the Gala in April 2021.

At its 16th edition, the Awards will celebrate 2020’s pacesetters in an intense competition evaluated by an independent jury which ensures the integrity and transparency of the judging process. The nominees for each category will undergo a judging process and the winners will be publicly announced and presented with their awards during the Gala ceremony in April 2021.

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