About

Celebrating Romanian business excellence

Established in 1993 in Canada, Best Managed Companies is a global leading business awards program, recognizing excellence in private companies.

Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices.

What makes the Best Managed Companies program unique?

• Focuses on Romanian headquartered or Romanian owned and managed companies
  
• Recognizes overall business performance and sustained growth
• Recognizes the efforts of the entire organization
• Measures more than financial performance

Eligibility

Who can apply? Companies wishing to apply must meet the following criteria:

Revenue:

• Companies with revenues of or greater than 20 million euro in the last financial year;

Ownership:

• Romanian-owned private company including private equity portfolio companies OR

• Foreign-owned, Romanian-based headquarters; private company where management team resides in Romania; OR

• Romanian-owned closely held public company with fewer than 50% of their shares or units traded

Ineligible entities include banking establishments and credit organisations, insurance companies, subsidiaries of foreign groups, public sector establishments, charities and non-profit organisations.

Additionally, all companies will be subject to independence review and verification.

Benefits

What’s so great about being one of the best?

There are obvious benefits to winning any award but the Romania’s Best Managed Companies award offers some unique opportunities.

The benefit of applying. That’s right, you benefit even if you don’t win!

• Coaching from Deloitte and Banca Transilvania professionals
• Detailed self-analysis of your business focused on strategic and operational issues
• Shine a light on current best practices and areas for improvement

The benefit of getting a "Best Managed Companies" designation. All the benefits of applying, plus more in store for certified companies!

• Exclusive use of the Romania’s Best Managed Companies designation
• Extensive media exposure
• Access to year-round networking opportunities with other exceptional business leaders
• Strengthened ability to attract and retain talent
• Recognition by business influencers at an exclusive gala celebration
• Celebrate the efforts and commitment of your entire company
• You don’t just get a designation, you become part of an exclusive network.