True Leaders Awards
December 14 | JW Marriott Bucharest Grand Hotel
About

ICAP ROMANIA & BUSINESS REVIEW MAGAZINE proudly present True Leaders Awards 2021!

ICAP Romania, member of ICAP group of companies, the largest Business Information and Consulting Group in south-eastern Europe and one of the few companies recognized as “Credit Rating Agency” by the European Securities and Markets Authority, in partnership with Business Review, acknowledges and celebrates the leading companies in Romania through the “TRUE LEADERS” Awards Ceremony.

The 6th edition of TRUE LEADERS AWARDS Gala spotlights healthy entrepreneurship and positive business practices. The Award Ceremony will take place on December 14, 2021, starting with 18:30, at the JW Marriott Bucharest Grand Hotel (Constanta Ballroom). The event will be moderated by Lucian Mindruta. The award ceremony will be followed by a networking dinner.

On the 14th of December, ICAP Romania and Business Review will also publish the True Leaders eBook and the top of the most profitable and best-performing companies in Romania, during the True Leaders Awards Gala. Like last year, apart from the 4 traditional criteria, ICAP Romania took into consideration a new criterion for evaluating all companies in the most objective way possible.

Event Video

Recorded live on December 14, 2021

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 on-site gala in the company of like-minded individuals that aim to create value for businesses, for people, for Romania

Download eBook

You will receive the download link of the True Leaders eBook by email after submitting the form below

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Agenda
17:30
Welcoming guests
18:00
Gala Opening
Lucian Mandruta
Journalist | Gala Moderator
18:05
"True Leaders" study presentation
Alexandra Mehedintu
Country Manager, ICAP Romania
18:15
Panel: Learning from the performers of 2020: what is the key to success and how did they continue in 2021?
Claudiu Constantinescu
General Manager Central Europe, Endava
Cornel Morcov
Chief Commercial Officer, FAN Courier
Andrei Bejan
Director, Academia Romstal
Lucian Mindruta
Journalist | Gala Moderator
19:00
Awards Gala
20:00
Networking dinner
Event Speakers
Claudiu Constantinescu
General Manager Central Europe, Endava
Cornel Morcov
Chief Commercial Officer, FAN Courier
Andrei Bejan
Director, Academia Romstal
Andrei Cionca
CEO & co-founder, Impetum Group
Alexandra Mehedintu
Country Manager, ICAP Romania
Lucian Mindruta
Journalist | Gala Moderator
Judging Procedure

The True Leaders Gala is an event in which we award all companies that succeeded to stand out by meeting four objective criteria:

  • Are included in the top 500 most profitable companies for 2020
  • Have had an increase in their personnel (2020 vs 2019)
  • Have high creditworthiness (ICAP Credit Score* from A1 to B2)
  • Are leaders in their sector

Besides the four traditional criteria, we took into consideration ICAP COVID Company Index** for evaluating all companies in the most objective way possible.

 

The first step in the selection process is to create a top based on EBITDA, calculated according to December 2020 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

* 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.

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Request an INVITE at the on-site gala*

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*Participation in the physical audience is limited and will be made in accordance to all health & safety measures. Entrance will only be made on the basis of a green certificate obtained if a person has been vaccinated against COVID-19, or has developed immunity against the disease after being infected (recovery valid for up to 6 months).

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