Made in Romania Gala 2023
Made in Romania Gala 2023 (Image credit: BVB)

BVB’s Made in Romania announces 15 finalist companies

Made in Romania, the program of the Bucharest Stock Exchange, announced and awarded on Tuesday (Sept. 26), the finalist companies of this year, the future growth engines of the Romanian economy. Among the 15 successful entrepreneurial stories, three are from the IT&C sector, representing the largest share of the total finalists, followed by companies from the Agriculture, Food Industry, Pharmaceutical Industry, and Manufacturing Industry sectors, each sector being represented by 2 companies. Additionally, there is one company each from the following sectors among the 15 finalists: Energy, Home & Deco, Services, and Clothing, footwear, and accessories.

The 15 finalist companies, listed in alphabetical order, are: Adrem Engineering, Amber, Apidava, Ascendia, Bookster, Chic Bijoux, Croco, Ixonia, Farmacia Tei, Fiterman Pharma, Grup Serban, Kinderpedia, Mobexpert, Qfort, Ultragreens.

The Made in Romania program for identifying and rewarding Romanian companies with growth potential was divided into three main stages, namely: the nomination of Romanian companies, the selection of the 50 semifinalist companies, and the voting process. In the first stage, which took place from March 29th to May 31st, 2023, there were 386 valid nominations received through the platform Among these, from June 1st to June 30th, 2023, the Nomination Committee selected this year’s semifinalists based on well-defined criteria, such as turnover, relevant performance from previous years, the prototypes launch, or prospects for innovation in niche markets. In the third stage, held between July 3rd and July 31st, the public vote took place, which sent 3 out of the 15 finalist companies of the Made in Romania program directly to the final.

The Public Voting stage gathered 13,774 validated votes, over 26% more votes compared to the previous edition. The most voted company received 2,224 valid votes, the second-ranked company received 2,209 votes, and the third company received 1,456 votes. The other 12 companies were designated on August 3rd by the Made in Romania Jury, composed of experts in various fields of the economy.

The Made in Romania project was launched by the Bucharest Stock Exchange in 2017 with the aim of identifying and promoting top companies in Romania. The development of the platform positions the Bucharest Stock Exchange as the primary funding channel for Romanian entrepreneurs. Additionally, the platform is aimed at investors, consultants, and, especially, companies with growth prospects who wish to attract funding from investors or are in the process of preparing for a private placement on the AeRO Market or the Main Market.