Teamnet, selected as National Champion in the European Business Awards for a remarkable growth strategy
Bucharest, September 5th, 2014 – Teamnet Group, one of the first three local IT&C integrators, was selected as National Champion for Romania in the European Business Awards and is the only Romanian company to be nominated in the category “The BP Target Neutral Growth Strategy of the Year”.
European Business Awards is an important competiton taking place annually at European level, with the support of business leaders and academic, politic and mass media representatives all over Europe. This year’s eighth edition attracted more than 24,000 competitors from the business environment, with activities in 33 European states. Overall, 709 organisations all over Europe among which 10 from Romania were selected as National Champions and entered the second phase of the competition.
The main selection criteria for a National Champion are the success proven by the financial and business performance, innovation and business ethics. Teamnet recorded an accelerated develepment, reporting a turnover of 71 milion euro in 2013, a growth of 35% as compared to the results of more than 53 million euro registered the previous year. The exceptional progress is due to the important steps taken by Teamnet in the last years towards the transformation into a regional group, focused on developing large scale projects with a major impact on the society. Moreover, innovation is the foundation of Teamnet activities, the company investing more than 10% of its turnover in research and development projects. The Group is famous on the market for the important investments in Cloud technology development, GIS (Geographic Information System) technology improvement, Business Process Outsourcing center development and UAV(Unmanned Aerial Vehicle) technology development.
“It is an honour for us to represent Romania in the European Business Awars, as a National Champion for Romania. Teamnet took important strategic steps in the last few years for the evolution of each company in the group, of the local IT&C industry and the entire society, as it is always targeting innovation. The European Business Awards nomination in the category “The BP Target Neutral Growth Strategy of the Year”, for the Group’s accelerated growth and outstanding results, confirms Teamnet’s potential in Romania and the region, and gives us confidence to continue our ambitious plans and to set new and remarkable objectives for the years to follow. Our strategic plans for the next four years will be focused on the expansion on important international markets where we can deploy large scale projects and continuously innovate for the benefit of society.”
Bogdan Padiu
CEO Teamnet Group
For the category “The BP Target Neutral Growth Strategy of the Year”, European Business Awards assesses and nominates the companies proving a broad and organic growth strategy at national as well as regional level, and having remarkable results in sales and the market share.
Adrian Tripp, CEO of the European Business Awards: “We congratulate Teamnet for being selected as National Champion and we wish the best of luck in the next phase. Year after year, the competition is tighter and tighter while the number of companies registered is increasingly higher. With more than 24,000 organisations in the competion and a record of 709 companies nominated as National Champions, this year’s edition of the European Business Awards proves to be the most competitive until now.”
In the next step of the competition, a reputed jury made up of business leaders all over Europe, representatives of the academia and entrepreneurs will assess the video entries presenting the National Champions and select the winners of the much-longed-for prize “Ruban d’Honneur” at the same time with the finalists of the European Business Awards 2014/15.
About Teamnet:
With 13 years of experience, Teamnet is one of the most important IT&C integrators in Romania.
The Group recorded a turnover of 71 million euro in 2013 and has been included for the sixth year in a row in Deloitte Technology Fast 50 Central Europe. Moreover, Teamnet is the only Romanian company included in the “Big 5” category of Deloitte Technology Fast 50 Central Europe in 2013, ranking third.
For press materials or more information about Teamnet, please contact:
Andreea Bituleanu, M:+40725.679.657, E: andreea.bituleanu@teamnet.ro
About European Business Awards:
European Business Awards promotes and awards excellency and innovation. The competition is open for any company in Europe, irrespective of the size and field of activity.
The European Business Awards Programme has three main objectives at the level of the European business community.
• Select models of inspiration for the business community
• Promote and value organisational success
• Offer an active platform for debate
For more information on the European Business Awards and the winners of the title of National Champion, please access www.businessawardseurope.com and follow the official page of the competition on Twitter @rsmEBA.