European Business of the Year Award Goes to TOMRA
TOMRA has been named winner of the European Business of the Year Award in the category for companies with annual turnover of €150 million or higher. The Asker, Norway-headquartered group, parent of Leuven, Belgium-based TOMRA Sorting Solutions, was lauded for innovation, business ethics and financial success.
Sponsored by RSM International, the world’s seventh largest network of independent audit, tax and advisory firms, the European Business Awards competition is free to enter and open to organizations of all sizes from all industrial sectors. Over 24,000 businesses from 33 European countries took part this year, which marked the 18th running of the competition.
In the first stage of elimination rounds, TOMRA emerged as one of 10 National Champions from Norway. In the second stage of the contest, 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. A public voting process was also conducted and TOMRA received the most votes in Norway and won the distinction National Public Champion Norway.
After a further extensive judging process, the competition culminated with the selection of 11 overall category winners that were announced on May 26. Lorraine Dundon, vice president and head of the group brand, accepted the award in London on behalf of TOMRA.
“This award means the world to us…It is a sign of the true team spirit visible throughout TOMRA,” said Stefan Ranstrand, the company’s president and ceo.