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08.10.2019

Most Competitive Companies of 2019 revealed!

On 3 October, the Estonian Chamber of Commerce and Industry recognised the best companies of the Estonian Companies’ Competitiveness Ranking at the Vabamu Museum of Occupations and Freedom. There were 1857 Estonian companies participating in the ranking. Awards were given to the best of the thirteen categories. The awards were given by Toomas Luman, Madis Müller and Sven Sester.

The most competitive companies of the year 2019 by areas of activity are:

  • Cleveron AS in industry and energy
  • A. Le Coq AS in food industry          
  • Silberauto AS in retail      
  • CM Tallinn AS in wholesale  
  • Novatours OÜ in tourism
  • Kapitel AS in real estate     
  • Tallink Grupp AS in transport and logistics 
  • Energiapartner OÜ in architecture and project design
  • Merko Ehitus AS in construction
  • Telia Eesti AS in communication and IT
  • Tornator Eesti OÜ in agriculture and forestry
  • Swedbank AS in financial brokerage
  • Ramirent Baltic AS in service

The calculations are based on the economic indicators of companies of the past two financial years: sales revenue, net profit, labour costs, owner’s equity, number of employees. Data was analysed and the rankings drawn up by the Estonian Institute of Economic Research in cooperation with the Lausanne International Institute for Management Development.

The aim of the Estonian Companies’ Competitiveness Ranking is to facilitate the growth of competitiveness of Estonian companies and thereby promote faster development of Estonian economy. The ranking highlights the most successful companies and sets them as an example for others. The ranking is a great opportunity for successful companies to introduce themselves to the public and thereby secure their competitive position even further. The Estonian Companies’ Competitiveness Ranking dates back to the year 2003 when it was first drawn up by the initiative of the Estonian Chamber of Commerce and Industry. The Competitiveness Ranking is a part of the largest entrepreneurship competition in Estonian, which is organised together by three organisations: Estonian Chamber of Commerce and Industry, Enterprise Estonia (EAS) and Estonian Employers’ Confederation.

The winners of the Competitiveness Ranking among large, micro, small and medium-sized companies will be revealed on 11 October at the awards gala at the Põhjala factory. Additionally, best companies and entrepreneurship promoters of the EAS and Employers’ Confederation’s competition Entrepreneurship Award 2019 will be revealed and the Young Entrepreneur Award of the Estonian Chamber of Commerce and Industry will be awarded at the gala.

The competitiveness rankings

Industry and Energy (.pdf)Transportation and Logistics (.pdf)Food Industry (.pdf)Retail (.pdf)Wholesale (.pdf)Tourism (.pdf)Real estate (.pdf)Construction (.pdf)Architecture and Project Design (.pdf)IT-service and Communication (.pdf)Agricultural and Forestry (.pdf)Financial Brokerage (.pdf)Service (.pdf)Micro-sized (.pdf)Small and Medium_sized (.pdf)Large-scale (.pdf)
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