Teamnet Group, in the Top of European companies at European Business Awards competition

Bucharest, 18th of February 2015 – Teamnet Group, one of the most important IT&C integrators in the region, was selected among the 110 finalists of the business environment in Europe and among the 10 companies nominated for the category “The Growth Strategy of the Year” at the European Business Awards, receiving the recognition Ruban d’Honneur. Teamnet is the only company in Romania nominated for this category, the group thus qualifying in the race for the title of European Champion for its remarkable growth strategy.

The main selection criteria for the finalists are the success proven by the financial and business performance, innovation and business ethics. Teamnet recorded an accelerated growth in the last years due to the important strategic steps taken by the company towards the Group’s transformation into a regional group focused on developing magnitude projects, with a major impact on the society. The innovation is at the basis of Teamnet’s activities, the company investing more than 10% of its turnover in research and development projects. The Group is also recognized on the regional market for the expertise in innovative technologies among which we can mention the Cloud, GIS (Geographic Information System) and UAV (Unmanned Aerial Vehicle).

“The accelerated development in the last 14 years laid the basis for Teamnet’s transformation from an entrepreneurship-type of business into a sustainable group of companies, with competences in state-of-the-art technologies and impact on the entire region. The Ruban d’Honneur recognition granted by the European Business Awards jury honors us and reconfirms the strategic direction followed in order to implement the plans that keep on aiming high.”

Bogdan Padiu
CEO Teamnet Group

Teamnet competes in the category with participants from Italy, Turkey, Greece, Great Britain and Spain.

Adrian Tripp, CEO, European Business Awards: “Teamnet, one of the 10 finalists in the category The Growth Strategy of the Year, is an example of innovation, ethics and business performance and I have the conviction that it will represent a source of inspiration for the businesses in Europe. We wish them success and we are looking forward to announce the winner for this category.”

The competition is currently at the latest stage of decision, when a winner will be selected for each category. The “Growth Strategy of the Year” award at the European Business Awards will be granted to the company proving a broad and organic growth strategy at national, as well as regional level, recording a remarkable performance. Besides the competition based on the jury’s decision, there is a section dedicated to public voting, in which there are selected the champions for each participating country. To express their vote, the audience has to access the following link: http://www.businessawardseurope.com/vote/category/romania.

European Business Awards, a competition of reference conducted annually at European level, is at its eighth edition and attracted more than 24,000 contenders from the business environment, companies with activities in 33 European countries. In the second stage of the European Business Awards, there were selected 10 finalists for each of the 11 categories of the competition, out of a total of 709 organizations in Europe selected as National Champions in September 2014. The 110 companies arrived in the finals received the title Ruban d’Honneur from the jury of the European Business Awards, formed of 132 European leaders in politics and business, entrepreneurs, representatives of the academia and mass media.

About Teamnet:

With an experience of 14 years, Teamnet is one of the most important IT&C integrators in the region.

The Group recorded a turnover of 71 million Euro in 2013 and was included, for the seventh year in a row, in the Deloitte Technology Fast 50 Central Europe rating. Also, Teamnet is the only Romanian company included in the category “Big 5″ of the Deloitte Technology Fast 50 Central Europe rating in 2013, occupying the third place in the top.

About European Business Awards:

European Business Awards recognizes and awards the excellency and innovation. The competition is open for any company in Europe, irrespective of their size or activity field.

The European Business Awards programme has three main objectives at the level of the European business community:

• It brings forward examples to be followed by the business community
• It acknowledges and appreciates the success of organizations
• It offers an active debate platform

For more information about the European Business Awards and the winners of the title National Champion, please access www.businessawardseurope.com and follow the official page of the competition on Twitter @rsmEBA.