Baltic Market Awards 2009


On December 10th, the best NASDAQ OMX Baltic companies in terms of their investor relations in 2009 were announced during the Baltic Market Awards simultaneous ceremony in Tallinn, Riga and Vilnius.

With these awards the Baltic exchanges as well as market professionals wish to highlight as well as acknowledge companies who put effort and strive for excellence in their IR. With this yearly competition the exchanges encourage and motivate companies to pay attention to investor relations and adapt best practices. Each company is evaluated using more than 100 criteria, including the quality of annual and periodical reports, disclosures, web page and analysts’ opinions. This year 58 companies were evaluated.

Evaluation criteria:
  • Annual reports
  • Interim reports 
  • Corporate disclosures 
  • Company web-page 
  • Analyst evaluation

 

Baltic Market Awards 2009 pan-Baltic Award ceremony on Vimeo.

Baltic Market Award Winners 2009


  • Member of the Year - SEB Bankas

  • Best Investor Relations in the Baltic Countries - TEO LT

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  • Best Investor Relations in NASDAQ OMX Tallinn - Tallinna Vesi

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  • Best Investor Relations in NASDAQ OMX Riga - SAF Tehnika

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  • Best Investor Relations in NASDAQ OMX Vilnius - TEO LT

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  • Best Investor Relations among Small Cap Companies - SAF Tehnika

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  • Best Annual Report - Tallinna Vesi

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  • Most Visible Improvement over the Year - City Service

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  • Best Investor Relations Online - Grindeks, SAF Tehnika, TEO LT, VST

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    Evaluation Committee


    Representatives of NASDAQ OMX Baltic exchanges

    Independent representative -  Geoffrey Mazullo,Corporate Governance expert,
                                                Partners for Financial Stability Program, Chair of the committee

    Representative of academia -  Anete Pajuste, RTU Riga Business School (Latvia)

    Media representatives -          Virginija Žygienė, Verslo Žinios
                                                Erik Aru, magazine HEI

    Analysts -                             Jānis Praņēvičs, Parex Asset Management
                                               Daiva Rakauskaitė,
                                               President of Association of Financial Analysts in Lithuania

    TOP 20 companies


     The Baltic Market Awards Evaluation Committee has ranked the following top 20 Baltic companies:

    1. TEO LT
    2. SAF Tehnika
    3. Tallinna Vesi
    4. VST
    5. Nordecon International
    6. Eesti Telekom
    7. Grindeks
    8. Baltika
    9. City Service AB
    10. Olympic Entertainment Group
    11. Norma
    12. Invalda
    13. Arco Vara
    14. Limarko laivininkystės kompanija
    15. Apranga
    16. Sanitas
    17. Šiaulių bankas
    18. Latvijas Kuģniecība
    19. Latvijas Gāze
    20. Merko Ehitus