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| TOMRA Group recognized as a European Business of the Year. |
TOMRA Group, headquartered Norway, in was named the winner of the European Business of the Year Award in the category for companies with a turnover of €150 million or higher. One of 10 finalists for this award category, the company was honored for its innovation, business ethics and financial success. The London event occurred on June 1. Accepting the award for TOMRA was Lorraine Dundon, TOMRA vice president and head of group brand.
“It was an honor to accept this award on behalf of all my colleagues around the world. The global TOMRA team is working hard to fulfill its joint vision of being a leader in the resource revolution, and this award will provide further motivation in our work to develop innovative solutions for resource optimization,” says Dundon.
Stefan Ranstrand, TOMRA president and CEO, observes, “TOMRA is a global company with its roots in Europe, and I believe the ideals the European business community shares in providing an open market with the desire to develop a stronger and more sustainable society for all, have set the foundation for our success. We look forward to continuing to invent ground-breaking solutions, growing our business and being a leading example of business ethics in the years ahead.”
The European Business Awards is free to enter and open to organizations of all sizes and from any industry sector. Now in its eighth year, some 24,000 businesses from 33 European countries took part this year.
In the first stage of this year’s competition TOMRA was named as one of 10 national champions from Norway. In the second stage of the competition 110 "Ruban d’Honneur" recipients were chosen from 709 national champions by a panel of judges made up of European business and political leaders, academics and entrepreneurs. A public voting process was also conducted, with TOMRA receiving the most votes in Norway and winning the distinction "National Public Champion Norway." The competition culminated with the selection of 11 category winners which were announced on Tuesday May 26th.
Judges were to select the company best demonstrating exceptional financial returns, strong growth and innovation strategies and market leadership. In addition the judges looked for evidence of inventiveness, ethical credentials, good stakeholder relationships and long-term planning balanced by the flexibility to deliver consistent results in dynamic market conditions.
Other finalists considered for Business of the Year with turnover of €150m or higher included Ampacet Europe SA (Luxembourg), Ascendum Group (Portugal), Channel Four Television Corporation (United Kingdom), Clarke Energy (United Kingdom), EET Group (Denmark), Komputronik S.A. (Poland), Sky Deutschland AG (Germany), Utility Warehouse (United Kingdom), and VIVACOM (Bulgaria).
“This award means the world to us and I would like to express my sincere gratitude to those who voted for us including the judges who gave us the ultimate stamp of approval. This award is a sign of the true team spirit visible throughout TOMRA,” Ranstrand says.