Business Review Awards Gala 2024
Celebrating Romania's Business Champions
19th Edition | March 4, 2024 | JW Marriott Bucharest Grand Hotel
About

Welcome to the Business Review Awards Gala 2024 official page! Over the previous 18 editions of the event, Business Review set 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

  • 18 Editions of Business Review Awards
  • Over 150 Honorable Jury Members
  • Over 600 of Romania’s most inspiring leaders, entrepreneurs, companies, and initiatives in the spotlight
  • More than 2,400 representatives of Romania’s business elite
  • Over 20,000 votes submitted in the Vox Populi/Popular Vote section
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
18:30
Registrations & Networking Drinks
19:00
Awards Ceremony & Gala Dinner
Categories
1. Sustainability Project of the Year | Powered by FEPRA
Winner: Lidl Romania
  • Runner-Up: Carrefour Romania
  • Carmistin International
  • Edenred
  • Genesis Property
  • Glovo & e-Mobility Rentals
  • Lidl Romania
This category aims to recognise companies' efforts towards sustainability and sustainable business development. It also highlights the innovative elements that companies bring to the table in order to have a positive impact on the environment, society in general and the local business environment.
  • A clear sustainability strategy already implemented in Romania ;
  • The sustainability strategy should include environmental and corporate governance aspects;
  • Projects and/or initiatives should cover 2 areas: environment and environmental protection (certifications, green financing, renewable energy projects, environmental projects implemented in different communities at local level, environmental initiatives to reduce pollution) and corporate governance;
  • The existence of an ESG department within the company is an advantage in judging;
  • Projects in the area of environment and corporate governance must have a real, measurable and significant impact on society, the business environment, or the company itself.
2. Best Romanian Brand of the Year | Powered by CPI Romania
Winner: TEILOR
  • Runner-Up: FC Rapid 1923
  • Arctic
  • Catena
  • Fragedo by TRANSAVIA
  • Astra Imperio
  • TEILOR
This category aims to recognize those Romanian brands that have managed over time to remain in consumers' preferences, create a unique consumer experience and, through their local and/or regional development, have a significant impact in terms of recognition and sales volume.
  • Degree of internationalization;
  • Must be a Romanian brand, created in Romania by Romanian founders (regardless of the current form of shareholding);
  • The impact of the brand in question both in Romania and abroad, as well as the degree of recognition both among final consumers and in the industry to which it belongs;
  • The impact of the respective brand both in Romania and abroad, in terms of sales volume;
  • The financial value of the brand;
  • The degree of loyalty of the final consumer (in Romania or abroad) towards the brand in question;
  • Longevity on the market;
  • Orientation towards a sustainable strategy;
  • Ability to adapt to the current pandemic context, to offer a unique experience to the target consumer segment.
3. Employer of the Year
Winner: BCR
  • Runner-Up: Kaufland Romania
  • BCR
  • Carrefour Romania
  • dm-drogerie markt
  • Macromex
  • Bosch Romania
This category awards the outstanding achievement of the companies active on the Romanian market – Romanian or multinationals – when it comes to their HR strategy seen from a different perspective: hybrid work strategy, motivation and compensation plans, retention of their employees, non-financial benefits and wellbeing programs.
  • The main features of the HR strategy and its impact on the company’s workforce;
  • The differentiator which makes the company stand out in the crowd, from the HR perspective;
  • The importance of non-financial benefits adapted; recruitment; inducting new employees; compensating and rewarding employees; career development pathways; rewarding employee success; internal communications systems; the work-from-home environment; leadership structures and styles, including promotion opportunities.
4. Innovator of the Year | Powered by e-Mobility Rentals
Winner: IXFI Exchange
  • Runner-Up: MedLife
  • e-Mobility Rentals
  • Investimental
  • IXFI Exchange
  • Norofert
  • Vodafone Romania
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.
5. Entrepreneur of the Year
Winner: Gruia Stoica, Co-Founder & President, Grampet
  • Runner-Up: Voicu Oprean, Founder & CEO, AROBS
  • Sacha Dragic, Founder & Board Member of Superbet
  • Bogdan Nicoara, Co-Founder, BrightSpaces
  • Gruia Stoica, Co-Founder & President, Grampet
  • Cristi Nechita-Rotta, Co-Founder and Managing Director, Rottaprint
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.
6. Public Listed Company of the Year
Winner: AROBS Transilvania Software
  • Runner-Up: Sphera Franchise Group
  • AROBS Transilvania Software
  • DN AGRAR Group
  • Safetech Innovations
  • Simtel Team
  • Transport Trade Services
The category rewards the performance of companies listed on the local capital market, the The Bucharest Stock Exchange - Bursa de Valori Bucuresti (BVB). The local capital market has proven itself as a reliable source of financing for private or government controlled businesses and as a tool for modernizing and improving the Romanian economy. Today, BVB is a a very good indicator of the state of Romania's economic development and a true modern financial market along with all its listed businesses.
  • Market performance of shares in ROI
  • Liquidity of shares
  • The volume of trading shares
  • Success of the IPO (if listed in 2023) or new capital emissions
  • ESG scoring
7. Executive of the Year
Winner: Achilleas Kanaris, CEO, Vodafone Romania
  • Runner-Up: Cosmin Vladimirescu, General Manager, Mastercard Romania and Croatia
  • Fulga Dinu, Country Manager, CPI Romania
  • Marco Hößl, CEO, Kaufland România & Republica Moldova
  • Ema Iftimie, Managing Director, Globalworth Romania
  • Achilleas Kanaris, CEO, Vodafone Romania
  • Miron Radic, General Manager, Liliac Winery
  • Zdenek Romanek, President and CEO, Raiffeisen Bank Romania
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.
8. Excellence in Business
Winner: Carrefour Romania
  • Runner-Up: Continental Romania
  • Carrefour Romania
  • Carmistin International
  • Mega Image
  • OSCAR Downstream
  • PayU GPO Romania
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.
9. Enduring Business Legacy
Winner: Automobile Dacia
  • Runner-Up: Vodafone Romania
  • Apa Nova Bucuresti
  • Chimcomplex
  • Automobile Dacia
  • Perla Harghitei
  • TotalSoft
This category honors the remarkable journey and enduring contributions of a company that has proudly served the Romanian market for at least two decades. This prestigious accolade celebrates the steadfast commitment, innovation, and unwavering dedication that have defined the company's legacy. It acknowledges the profound impact the company has had on the industry, its employees, customers, and the community at large. This award recognizes a longstanding commitment to excellence, resilience in the face of challenges, and a lasting imprint on the fabric of the Romanian market.
  • The level of investments made by the company on the local market in the past two decades of activity in Romania
  • The cummulated direct contribution of the company to the state budget
  • The current number of employees in Romania
  • The number of jobs created along the entire supply chain in Romania
  • The investments made by the company in sustainability projects (social and environment projects) in the past two decades
  • The total number of beneficiaries (direct and indirect) of its sustainability projects
  • The innovation brought onto the market during its presence in Romania through its portfolio of products or services
10. Most Impactful Investment of the Year | Powered by Restart Energy
Winner: STADA Romania
  • Runner-Up: Nokian Tyres Romania
  • Coca-Cola HBC Romania
  • DP World
  • Knauf Group
  • STADA Romania
  • Tesla Energy Storage
This category recognizes the most impactful investment of the year in the Romanian market. This prestigious accolade celebrates the foresight, strategic acumen, and significant contributions made by an investor or investment group in shaping and enhancing the economic landscape. The award highlights the transformative effect of the investment, its positive influence on industry dynamics, and the lasting benefits it brings to the local business community, a testament to the power of insightful investment decisions that drive growth, innovation, and sustainable development in Romania.
  • The financial impact and strategic alignment of the investment.
  • The number of jobs created and the investment's contribution to economic growth.
  • The investment's impact on innovation and technological advancements.
  • The investment's impact on the local community and social responsibility initiatives.
  • The investment's commitment to sustainability and eco-friendly practices.
  • The potential for long-term success and return on investment.
  • The strategic vision and leadership demonstrated by the investors.
  • The extent to which the investment has fostered collaboration and partnerships.
11. Company of the Year | Powered by Dentons
Winner: Hidroelectrica
The Company of the Year award recognizes and honors the outstanding achievements of the most exceptional company in Romania for the year 2023. This category celebrates the organization that has demonstrated unparalleled innovation, strategic vision, and sustainable growth, setting a benchmark for excellence in the business landscape.
12. Twenty-five Years of Activity in Romania
Winner: Game World
The "Twenty-five Years of Activity in Romania" award is a special recognition that pays homage to an organization's enduring commitment and significant contributions to the Romanian business landscape. This category celebrates a quarter-century of resilience, growth, and positive impact within the country.
13. Outstanding Transformational Leadership
Winner: Restart Energy
The Outstanding Transformational Leadership award celebrates the exemplary efforts in the transition to clean energy. This category acknowledges the company's exceptional leadership, strategic foresight, and unwavering commitment to driving transformative change in the energy sector.
14. Excellence in Business Transformation
Winner: Teleperformance Romania
The Excellence in Business Transformation award celebrates the seamless integration of a new business into an existing organization, showcasing a strategic masterstroke that has led to remarkable growth. This accolade recognizes the adept management and visionary leadership displayed during a transformative period, where strategic decisions and operational adjustments were executed with precision.
Jury Members
Cristian Nacu
Senior Country Officer for Romania at IFC - International Finance Corporation
Alice Nichita
Corporate Affairs and Sustainability Director at Coca-Cola HBC
Tereza Tranakas
Founder & CEO at Oxygen
Armand Domuta
Chairman Of The Board at Restart Energy
Ramona Jurubita
Country Managing Partner at KPMG Romania
Cristian Marius Sporis
Head of Corporate Banking at Raiffeisen Bank Romania
Alexandra Mehedintu
Country Manager at ICAP CRIF
Christophe Weller
CEO & Founder of COS
Dr. Christian von Albrichsfeld
General Manager at Continental Automotive Romania SRL
Ioana Gorganeanu
Vice President, Head of Marketing & Communication Southeast Europe at Mastercard
Anda Sebesi
Editor-in-Chief at Business Review Magazine
Master of Ceremonies

Business Review Awards' established and delightful MC is Colin C. Lovering CIP, Author, Business & People Performance, Coach & Trainer, MBA Tutor, Real Estate (Office) Advisor, Co-Founder & Managing Director of Lovering & Partners Business Performance Consultants, and President of the British-Romanian Chamber of Commerce (BRCC).

A British National living in Romania for the past 15 years, Colin has published his first book in 2022 - “A Day in the Life of Exceptional Sales Professionals,” and his second in July 2023 - “The Psychological Advantage” – An insight into the power of psychology in business and management.

Colin C. Lovering
President of the British-Romanian Chamber of Commerce & Co-Founder & Managing Director at Lovering & Partners
Register

Book your place at the the Business Review Awards Gala 2024. Thank you all and see you on March 4!

    Registration Packages

    Individual Ticket - EUR 190 + VAT

    Table of 10 - EUR 1500 + VAT

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    Popular Vote

    The voting period will has ended.

    Drop us a line if you need any details, here: events@business-review.eu 

    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 Online Jury Meeting, as follows:

    • a nomination stage – done via our nominations form or email
    • a review stage (shortlisting the top 5-6 nominations in each category)
    • the Jury Meeting when the final vote is cast and the winners of the Business Review Awards 2024 are decided

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

    The nomination stage:

    • Via the online nominations form or email | The jury receives the nominations of the Newsroom. For each category, every member of the jury can propose up to 3 candidates;
    • In case a jury member is representing a company that has been nominated for one or more categories he will not take part in 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 February 23, 2024.

    Eligibility requirements:

    • Have at least one-year performance history through to December 31st, 2023;
    • 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 Jury Meeting. If there are more than 5 nominees in one category, the top 5-6 nominations will be shortlisted by using qualitative assessments.

    The Popular Vote

    Just like at the 2023 edition of the Business Review Awards, you - the BR readers - have a say! Business Review will shortly release the popular vote form, where you will get to decide also who will become Romania's new business champions. The popular vote will be available for all 10 main categories and will count for 50 percent of the final scoring system, the other 50 percent is represented by the votes of the Jury Members.

    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 February 23, 2024!
    *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: All submitted forms are evaluated using qualitative assessments based on their respective award category criteria. 5-6 nominees that are the most successful in complying with the requirements are shortlisted and submitted to the Business Review Awards jury members. The shortlist for each category will be announced on the BR website.

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

    Step 5: The winners are announced and awarded their prizes at the Business Review Awards Gala Ceremony on March 4, 2024.

    At its 19th edition, the Awards will celebrate 2023’s pacesetters in an intense competition evaluated by an independent jury which ensures the integrity and transparency of the judging process, while the popular vote will give a voice to the BR readership and the general public in choosing Romania's business champions of 2023. 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.

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