Let’s celebrate high-flying Estonian companies!

EAS, Tööandjad, Kaasrahastanud Euroopa Liit, Eesti tuleviku heaks

Award ceremony

On November 4th, at the Estonian Best Companies Awards Gala, the title of the Company of the Year was awarded to the Tartu biotechnology company Icosagen Cell Factory.

The award ceremony was hosted by Eda-Ines Etti and Jaak Prints. Valter Soosalu and the Tallinn Chamber Orchestra took the audience on an unforgettable journey, reminding us that everything begins with dreaming and having the courage to make those dreams come true. Performances included EiK, the Tallinn Boys’ Choir, Ruslan and Rute Trochynskyi, Cätlin Mägi, Bedwetters, and Sebastian Kuusk.


You can find the photos here. Please refer to the photographer Rene Riisalu when using the photos.

What is the Entrepreneurship Award?

Organised by Enterprise Estonia and Estonian Employers’ Confederation, the entrepreneurship competition with the longest history in Estonia was taking place for the 28th time this year. The Entrepreneurship Award is the highest national recognition for companies.

At the competition, we acknowledge outstanding, resourceful and smart Estonian companies whose consistent work has brought success to companies, their employees and the whole country. Let’s take stock of what has been accomplished and pay tribute to companies and their employees!


Category nominees and  winners of the 2023 competition  can be found at the bottom of the page.



How the Company of the Year will be decided?

In addition to the Entrepreneurship Award, the Estonian Companies’ Competitiveness Ranking competition by Estonian Chamber of Commerce and Industry was taking place at the same time and the Company of the Year 2023 was selected from the best of the two competitions.

The winner of the title was announced at the gala award ceremony on 4th of November.




Why should you participate?

By taking part in the competition, companies can highlight their outstanding solutions and implemented innovations in addition to their economic success. The title has helped awarded companies increase their credibility among potential partners and advanced their international relations. Previous participants have gladly stated that taking part in the competition has helped them acknowledge their employees and has made their company more attractive as an employer. Participation in the competition brings public recognition and positive media attention.

The application and nomination process for the year 2023 has come to a close. We will open the next competition in May 2024.




Application process

Top 10 of each category was compiled from the participating companies. We will organise visitations to the top ten companies, which will take place from mid-July to mid-August. After that, three nominees in each category will be shortlisted and submitted to the competition jury to decide the winners of the categories.

Nominees and winners

The following categories were open for application and nomination. From the list you can find top 3 companies and the winners.

Exporter 2023

Dipperfox OÜ
HORIZON Tselluloosi ja Paberi AS
Silen OÜ

Winner: Silen OÜ

Read more

Innovator 2023

Cybernetica AS
Icosagen Cell Factory OÜ
R8 Technologies OÜ

Winner: Icosagen Cell Factory OÜ

Read more

Foreign Investor 2023

FLIR Systems Estonia OÜ
HHLA TK Estonia AS
Riverty Tech OÜ

Winner: FLIR Systems Estonia OÜ

Read more

Sustainable Enterprise 2023

A. Le Coq AS
Foxway OÜ
Thermory AS

Winner: A. Le Coq AS

Read more

Tourism Developer 2023

180 OÜ
HMP Hotellid OÜ
Tallinna Sadam AS

Winner: HMP Hotellid OÜ 

Read more

Family Enterprise 2023

Cronimet Nordic OÜ
Kodu Kuubis OÜ

Winner: MRPEasy OÜ

Read more