FEPRA Pet Recycling among the 50 semifinalists of the Made in Romania program organized by the Bucharest Stock Exchange

Miruna Macsim 05/07/2023 | 17:05

FEPRA Pet Recycling, part of Fepra Waste Division (FWD), a group of companies established in 2013 in Romania that helps local and international companies achieve their sustainability goals, minimize their negative impact on the environment, and transition to the circular economy, is among the 50 semifinalists of the Made in Romania program organized by the Bucharest Stock Exchange. In the nomination stage, 483 nomination applications were registered, of which 386 were valid nominations. The Made in Romania Nomination Committee has selected the 50 semifinalist companies from which the public will send 3 of the 15 finalists of this year’s edition directly to the finals by voting on the Made in Romania platform.

 

In the first stage of the Made in Romania project, which took place from March 29th to May 31st, 2023, supporters of the program and members of communities formed around Romanian companies, along with the Nomination Committee, registered a total of 386 valid nominations through the platform www.investingromania.com. Among these, the top 3 categories of activity are once again occupied by IT&C companies, with a percentage of 15%, closely followed by companies in the Commerce sector with 14%, and in third place are companies in the Services sector with a percentage of 12%. Other notable sectors based on their percentage in the rankings include the Food Industry with 9%, and Manufacturing and Healthcare with 8% each. In terms of geographical distribution, Bucharest and Ilfov account for a combined percentage of 45%, followed by Cluj, Iasi, Suceava, Timis, Alba Iulia, and Constanta. As for the segmentation of nominated companies, 82% are SMEs, 11% are start-ups, and 7% are corporate.

 

FEPRA Pet Recycling is the only company in the Circular Economy Sector to qualify for the semifinals of the BVB “Made in Romania” competition

In this year’s edition, alongside Romania’s major industries, the waste recycling and management sector is represented by FEPRA Pet Recycling, part of the Fepra Waste Division (FWD) group. With a 10-year track record on the local market, the entities within the group are among the main promoters and providers of solutions for the transition to the circular economy and the reduction of Romanian companies’ negative environmental impact.

Initiatives to improve the waste management system, developing tools to ensure transparency and traceability, and close collaboration with the business environment and authorities promoting sustainability objectives have positioned FEPRA as a catalyst for change and innovation in the field of waste collection, recycling, and reuse.

“We are proud to find ourselves in this elite group, alongside some of the most important brands in Romania, as the sole representative of our industry. It is all the more honorable as, through this project, the Bucharest Stock Exchange promotes performance measured not only in numbers but, above all, in impact, innovation, and inspiration. These are the values we have been building on at FEPRA for ten years now. We are working closely with the business community and are continually seeking solutions that make a real difference in the impact that the consumer society has on the environment,” says Ionuț Georgescu, founder of FEPRA.

However, progressing to the semifinals of the “Made in Romania” program not only represents a recognition of FEPRA’s efforts, but also signals that the circular economy and sustainability principles are starting to be recognized and appreciated in the Romanian corporate landscape.

 

The companies reaching the semifinals were selected by a jury from a total of over 386 nominations

The Bucharest Stock Exchange has announced the 50 semifinalists of the “Made in Romania” program, dedicated to promoting Romanian companies with the most significant impact on their operating sectors and society at large. The companies reaching the semifinals were selected by a jury from a total of over 386 nominations. At this stage, the organizers are inviting Romania’s business community and public to vote, until July 31st, to choose three of the competition’s finalists.

“Designed for entrepreneurs and based on the needs of Romanian companies, the Made in Romania program becomes increasingly comprehensive with each edition, offering essential tools for the sustained development of businesses in Romania. From the moment they are nominated in the program until the end of the edition, companies benefit from a series of advantages, such as participation in specialized workshops, visibility provided, and even participation in the Made in Romania podcast dedicated to finalist companies. This year, we celebrate Romanian entrepreneurship for the sixth time together with 50 semifinalist companies in the program. In this edition, we have discovered courageous stories that reflect the entrepreneurial spirit of Romanians and motivate us to think of new tools through which we can contribute to creating a healthy Romanian entrepreneurial ecosystem. In this edition, we continue to highlight the achievements recorded at the local level and wish success to all 50 semifinalist companies!” declared Radu Hanga, President of the Bucharest Stock Exchange.

The public vote will directly send 3 out of the 15 finalist companies of the Made in Romania program to the final, while the next 12 will be selected by the Made in Romania Jury, composed of experts in various economic fields. The 15 finalist companies of the sixth edition of Made in Romania will be publicly announced at the Awards Gala in the fall of this year.

The Made in Romania project was launched by the Bucharest Stock Exchange in 2017 to identify and promote top companies in Romania. The development of the platform www.investingromania.com positions the Bucharest Stock Exchange as the main financing channel for Romanian entrepreneurs. Moreover, the platform is dedicated to investors, consultants, and especially companies with growth prospects that aim to attract financing from investors or are in the process of preparing a private placement on the AeRO or Main Market. The media content provided by consultants through the platform supports companies in implementing best practices and preparing their businesses for the next level of development.

“In the six years since the launch of Made in Romania, we have created a program aimed at promoting companies with the potential to become true engines of the Romanian economy, and with each edition, we see nominated companies with initiatives that can innovate the industries they operate in or leaders in their market segment who inspire trends and set precedents. Each year brings novelties, and this year’s edition has surprised us with the new industries that have emerged in the rankings, the number of entrepreneurs who have nominated their companies, and the number of nominations coming from the communities formed around them. The Made in Romania program encompasses mature companies, SMEs, and start-ups, which demonstrates the current entrepreneurial potential that exists at the national level and that we can help grow through our program,” stated Adrian Tanase, CEO of the Bucharest Stock Exchange.

Throughout 2023, the project is supported by Microsoft “powered by Microsoft,” along with partners: BRK Financial Group, the European Bank for Reconstruction and Development, UiPath, Agista, Banca Transilvania, BT Capital Partners, Dendrio, Mazars, Bondoc si Asociatii, Termene.ro, IFB Finwest, Mercer Marsh Benefits, together with supporters ANIS, DoingBusiness, the Institute of Financial Studies (ISF), the Romanian Investor Relations Association (ARIR), Romanian Business Leaders (RBL), Romanian Private Equity Association (ROPEA), and media partners Digi24, Financial Intelligence, Romania Insider, and Radio Antreprenorilor, Radio Guerrilla.

The Public Vote takes place on the Made in Romania platform at the following page: https://investingromania.com/SemifinalistCompanies

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