Let’s celebrate high-flying Estonian companies!

What is the Entrepreneurship Award?

Organised by the Enterprise Estonia and the Estonian Employers’ Confederation, the entrepreneurship competition with the longest history in Estonia is 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!


Top 10 companies have now been chosen and 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 the Estonian Chamber of Commerce and Industry will be taking place at the same time and the Company of the Year 2023 will be selected from the best of the two competitions.

The winner of the title will be announced at the gala award ceremony on 4 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

A 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.


Top 10 companies

The following categories were open for application and nomination. From the list you can find top 10 companies.

Exporter 2023

Dipperfox OÜ
Foxway OÜ
HORIZON Tselluloosi ja Paberi AS
Interconnect Product Assembly AS
Nordic Vitamins OÜ
Roofit Solar Energy OÜ
Silen OÜ
Technomar & Adrem AS
Thermory AS

Innovator 2023

1oT OÜ
Cybernetica AS
GScan OÜ
Icosagen Cell Factory OÜ
PowerUp Fuel Cells OÜ
R8 Technologies OÜ
Techture OÜ
ValueSpace OÜ
Vegestar OÜ

Foreign Investor 2023

FLIR Systems Estonia OÜ
HHLA TK Estonia AS
Riverty Tech OÜ

Sustainable Enterprise 2023

A. Le Coq AS
Bonava Eesti OÜ
Cronimet Nordic OÜ
Diotech OÜ
Foxway OÜ
Harju Elekter Group AS
Incap Electronics Estonia OÜ
Rimi Eesti Food AS
Thermory AS

Tourism Developer 2023

180 OÜ
BlueRay OÜ
HMP Hotellid OÜ
Kivitalu Country Hotel / GoTrade OÜ
Lydia Hotell OÜ
Maidla Resort OÜ
Saiapaik OÜ
Serpentine OÜ
Siidrikoda OÜ
Tallinna Sadam AS

Family Enterprise 2023

ACM Metal OÜ
Cronimet Nordic OÜ
Edelstein OÜ
Kodu Kuubis OÜ
Nurme Looduskosmeetika OÜ
Soleest OÜ
Tesmasan OÜ
Technomar & Adrem AS
Timbeco Woodhouse OÜ