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See the nominees for Entrepreneurship Award 2020

EASi ja KredExi ühendasutus
23. September 2020
3 min

The nominees for the Entrepreneurship Award issued by Enterprise Estonia and the Estonian Employers’ Confederation have been selected. The best enterprises in five categories will be announced at the award ceremony on 8 October.

According to Chairman of the management board of Enterprise Estonia Peeter Raudsepp, this year, in addition to economic indicators and contribution to society, innovation and crisis management were taken into account when selecting the nominees. “This time, competition was the strongest in the Innovator of the Year category, which is a good sign. This shows the ambition of our enterprises and their ability to adapt to difficult situations while being innovative,” said Raudsepp, adding that, of course, all enterprises nominated for the award deserve great recognition.

In cooperation with experts in various fields, the three best enterprises were selected by the jury in five categories: Exporter of the Year, Foreign Investor of the Year, Design Applier of the Year, Family Enterprise of the Year and Innovator of the Year.

Nominees for Exporter of the Year include manufacturer of electric bicycles Ampler Biker OÜ, platform for direct carrier billing Fortumo OÜ and software development enterprise Nortal AS.

Competing in the Foreign Investor of the Year category are IT development and innovation centre of international Bertelsmann Group AFS IT Services Estonia OÜ, Estonian branch of international network and telecommunications company Ericsson Eesti AS and Technopolis Ülemiste AS, as one of the major developers of Tallinn Ülemiste City business district.

The Design Applier of the Year will be selected from among manufacturer of soundproof phone booths and meeting rooms Silen OÜ, Ampler Biker OÜ, also nominated in the Exporter of the Year category, and manufacturer of ventilation equipment ETS Nord AS. All three enterprises value the importance of design and user experience.

Nominees for Innovator of the Year include IT security solutions developer CybExer Technologies OÜ, producer of handmade chocolate Chocolala OÜ and developer and manufacturer of fuel cell technology Elcogen AS. This category is aimed at recognising enterprises that have achieved economic success through innovation.

Family Enterprise of the Year is aimed at recognising enterprises managed by family members over several generations. This year the nominees include holding company of ESTIKO Group Rondam Grupp AS, development company Mainor AS, founded by Ülo Pärnits in 1970, and the only enterprise in Estonia producing potato chips AS Balsnack International Holding.

The best enterprises will be announced on 8 October at the award ceremony ‘Best Enterprises of Estonia 2020′, which can be viewed live on Delfi the same night. The most successful enterprises of the Estonian Companies’ Competitiveness Ranking of 2020, a competition by the Estonian Chamber of Commerce and Industry, will also be announced alongside business promoters and the award for Young Entrepreneur of the Year.

The Entrepreneurship Award is the highest state recognition for entrepreneurs and entrepreneurship, being the entrepreneurship competition with the longest history in Estonia. The competition is organised by Enterprise Estonia and the Estonian Chamber of Commerce and Industry with the aim of promoting entrepreneurship and recognising ambitious enterprises in Estonia.

At the same time, there is a competition organised by the Estonian Chamber of Commerce and Industry named Estonian Companies’ Competitiveness Ranking. As part of the competition, the overall competitiveness ranking of the enterprises is compiled based on their economic indicators. In addition to compiling sectoral rankings, the best enterprises in terms of company size are announced.

An overall winner, Company of the Year 2020, will be chosen among the best enterprises from both competitions.

To learn more about the nominees and categories, visit

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