True Leaders Awards
December 17 | 2020 | Online Event

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About

ICAP ROMANIA IN PARTNERSHIP WITH BUSINESS REVIEW MAGAZINE proudly presents True Leaders Awards 2020!

The 5th edition of TRUE LEADERS AWARDS Gala spotlights healthy entrepreneurship and positive business practices.

On the 17th of December, ICAP Romania will publish the top of the most profitable and best performing companies in Romania, during the True Leaders Awards Online Gala. This year, beside the 4 traditional criteria, being an unprecedented year, ICAP Romania took into consideration a new criterion for evaluating all companies in the most objective way possible.

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    VIDEO

    Recorded live on December 17, 2020.

    Why attend
    INVEST IN YOURSELF

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

    OBJECTIVITY

    Laurate companies must fulfil a set of objective and relevant criteria

    GET INSPIRED

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

    Judging Procedure

    The awarded companies must simultaneously fulfill the next 4 criteria:

    •  Are part of the most profitable 500 companies in Romania (based on EBITDA at December 2019)
    •  Have the highest EBITDA in their industry
    •  Record an increase or at least the same number of employees as previous year or an increase (after having excluded the ones with less than 10 employees in 2019)
    •  Fall within the A1-B2 Scoring bands (Very Low risk band and Low risk band) and have values greater than 70 for COVID Company Index;

    The first step in the selection process is to create a top based on EBITDA, calculated according to December 2019 financial data. State owned companies are excluded from this selection, as well as banks, insurance and non-banking financial institutions.

    Out of these 500 companies, the True Leaders awarded companies will be selected.

    The industries are formed based on the companies’ main activities. The industry is given by the main NACE code declared by the companies, the NACE division or group of activities. The selection between the NACE division (first two digits of the NACE code), group (first 3 digits of the NACE code) or NACE code is made based on the diversity of activities comprised within the same division.

    Scored companies:

    • Have the legal form of a company (examples: S.A., S.R.L., S.C.S.)
    • Companies that do not belong to the following industries: banking, insurance and other related activities, as these companies declare their financial data differently than all other types of corporations
    • Are active companies according to the Trade Registry assigned status
    Agenda
    December 17
    16:00
    Gala Opening

    Communication & Entrepreneurship expert Claudiu Vrinceanu opens the True Leaders Awards gala!

    Claudiu Vrinceanu
    Moderator
    16:10
    "True Leaders" study presentation

    Alexandra Mehedintu (Predeanu), Country Manager ICAP Romania, presents the TRUE LEADERS study.

    Alexandra Mehedintu (Predeanu)
    Country Manager ICAP Romania
    16:30
    Most Successful Romanian Companies

    Panel debate on the top of the most profitable and best performing companies in Romania.

    Razvan Tapu
    Chief Digital Officer, Stefanini EMEA
    Claudiu Constantinescu, Phd.
    Regional Manager Central Europe, Endava Romania
    Alexander Simionescu
    General Director, Renault Technologie Roumanie (Dacia)
    Gabriel Anghel
    General Manager for General Affairs, Makita EU
    Event Speakers
    Claudiu Constantinescu, Phd.
    Regional Manager Central Europe, Endava Romania
    Alexander Simionescu
    General Director, Renault Technologie Roumanie (Dacia)
    Razvan Tapu
    Chief Digital Officer, Stefanini EMEA
    Gabriel Anghel
    General Manager for General Affairs, Makita EU
    Alexandra Mehedintu (Predeanu)
    Country Manager ICAP Romania
    Claudiu Vrinceanu, Moderator
    Communication & Entrepreneurship Expert
    ICAP Score & COVID Company Index

    ICAP Score expresses an estimation of a company’s credit quality with respect to the probability of default and/or bankruptcy within a 12-month horizon. This estimation is based on an analysis of commercial, financial and transactional data derived from official sources of the assessed companies.

    COVID Company Index denotes the companies’ adjusted creditworthiness assessment over the next 12 months which is triggered as a result of the Covid-19 pandemic and the effects of the lockdown measures and suspensions imposed on economic activity for each evaluated company. Ιt combines the existing assessments on companies’ credit quality, Score and the Covid Sector Index, an industry sector impact assessment, depicting the severity of impact and its recovery potential.

    The assessment results are presented in a 0-100 score scale, where score 0 represents companies that have the highest probability of default, and 100 represents companies with the lowest probability of default.

    COVID Sector Index expresses the current assessment on the effects of the lockdown measures and suspensions, imposed on economic activity as a result of the COVID-19 pandemic, per activity sector, taking into account the likelihood of recovery, within a 12-month horizon.

    Romania is a member of the group of companies, the most important business intelligence group in South-Eastern Europe and the only company in Romania accredited by the European Securities and Markets Authority as a “Credit Rating Agency”.

    Event organizer
    In partnership with
    Main Stage Partner
    Gold Partners
    Silver partner
    Bronze Partners
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