TOMRA was named the winner of the European Business of the Year Award in the category for companies with a turnover of €150 million or higher. TOMRA was one of ten finalists for this award category.
The announcement was made at a gala event held in London recently, and accepting the award for minerals sorting specialist TOMRA was Lorraine Dundon, TOMRA Vice President and Head of Group Brand.
“It was an honor to accept this award on behalf of all my colleagues around the world. The global TOMRA team is working hard to fulfill its joint vision of being a leader in the resource revolution, and this award will provide further motivation in our work to develop innovative solutions for resource optimization,” said Lorraine Dundon.
Stefan Ranstrand, TOMRA President and CEO, said: “TOMRA is a global company with its roots in Europe, and I believe the ideals the European business community shares in providing an open market with the desire to develop a stronger and more sustainable society for all, have set the foundation for our success. We look forward to continuing to invent ground-breaking solutions, growing our business and being a leading example of business ethics in the years ahead.”
The European Business Awards is free to enter and open to organisations of all sizes and from any industry sector. Now in its 8th year, The European Business Awards has engaged with over 24 000 businesses from 33 European countries this year.
The criteria the judging panel used to determine the Business of the Year Award winner was to select the company that best demonstrates exceptional financial returns, strong growth and innovation strategies, and market leadership in its sector.
In addition the judges looked for evidence of inventiveness, ethical credentials, good stakeholder relationships and long-term planning balanced by the flexibility to deliver consistent results in dynamic market conditions.
“This award means the world to us and I would like to express my sincere gratitude to those who voted for us including the judges who gave us the ultimate stamp of approval. This award is a sign of the true team spirit visible throughout TOMRA,” said Stefan Ranstrand.