Friday, July 15 2011 17:47

10 Armenian businesses selected to represent their nation across Europe


ArmInfo. The results are now in for the second round of the European Business Awards sponsored by HSBC.

According to the press service of HSBC Bank Armenia, among 220 exceptional companies, ten businesses from Armenia have been selected to represent their nation across Europe and compete in the next stage to ultimately win a European Business Award.

Astrid Clifford, HSBC Bank Armenia Chief Executive Officer commented: "I am extremely proud to see such a significant growth of Armenian businesses among the Ruban d'Honneur country representatives comparing last year. Their selection is highly deserved, and highlights the success of Armenian entrepreneurs over the past twelve months".

The Country Representatives will now be judged by an eminent panel of economists, academics, business leaders, politicians and media owners. They will evaluate the entries and select the top 100 scoring companies to become Ruban d'Honneur recipients, to be announced on 28th July. All Ruban d'Honneur recipients will than invited to attend the European Business Awards Gala presentation ceremony at the Rey Juan Carlos I in Barcelona on 22nd November, where all award winners will be revealed in front of Europe's top business leaders, politicians, entrepreneurs, business commentators, and media.

The European Business Awards recognises and rewards excellence, best practice and innovation in companies across the European Union. The competition is free to enter and open to organisations of all sizes and from any industry sector.

The European Business Awards programme serves three purposes for the European business community:

- It provides examples for the business community to aspire to

- It celebrates and endorses individual's and organisation's success

- It provides case studies and content for learning from these exceptional organizations An innovative, strong and thriving business community makes a successful and prosperous Europe.

The European Business Awards categories are:

The UKTI Award for Innovation
The HSBC International Growth Strategy of the Year Award
The Award for Environmental and Corporate Sustainability
The Award for Customer Focus
The Employer of the Year Award
The RSM International Entrepreneur of the Year Award
The HSBC Import/Export Award
The Infosys Business of the Year Award (T/O €0-25m)
The Infosys Business of the Year Award (T/O €26-150m)
The Infosys Business of the Year Award (T/O €150m +)

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 7,500 offices in 87 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$2,598bn at 31 March 2011, HSBC is one of the world's largest banking and financial services organisations. HSBC is marketed worldwide as 'the world's local bank'.

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