Tomra advances to the final of European Business Awards

Tomra has been named as a Ruban d’Honneur recipient and one of 10 finalists now being considered for the 2014-2015 European Business Awards in the category “The Business of the Year with Turnover of €150 million or higher.”

The European Business Awards recognize and reward excellence, best practice and innovation in companies across Europe. The competition is free to enter and open to organizations of all sizes and from any industry sector. Now in its eighth year, The European Business Awards has engaged with over 24,000 businesses from 33 European countries 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 just completed 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. Tomra will now go on to compete in the third and final round of judging resulting in 11 overall category winners to be announced later this year.

“We are very proud to have been recognized as one of Europe’s most dynamic companies by the esteemed and thorough European Business Awards judging process,” said Stefan Ranstrand, Tomra president and CEO. “It is indeed an honor to have attained the Ruban d’Honneur distinction, and we look forward now to participating in the final round of the European Business Awards review.”

Tomra will now be competing against nine other companies to win the overall 2014-2015 European Business Awards’ Business of the Year category.  This award will go to the outstanding company that best demonstrates exceptional financial returns, strong growth and innovation strategies, and market leadership in its sector. Judges will look 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.