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Wednesday, May 30, 2012
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European Business Award - the Chance to Showcase your Company

10/05/2011 05:32 (386 Day 09:52 minutes ago)

The FINANCIAL -- If you run a multi-national, medium sized or fast growing small business, that has achieved outstanding results in the past years, or a forward-thinking company which wishes to benchmark itself as one of the very best businesses in Europe, then you should enter the European Business Awards.

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The European Business Awards sponsored by HSBC is an independent Awards programme designed to recognise and promote excellence, best practice and innovation in the European business community. Judged in line with the broad aims of the European Union and business representative groups across the member states, the Awards celebrates its fifth anniversary in 2011.

HSBC Bank Georgia is a part of the HSBC Group, one of the largest banking and financial organizations in the world. The Bank started its operations in Tbilisi in June 2008 and is offering a full range of corporate, trade and treasury services to local and international businesses.

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 8,000 offices in 88 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of 2,364 billion USD as of 31 December 2009, HSBC is one of the world’s largest banking and financial services organizations.

“Leading international business is one of the core strategic objectives of HSBC both globally and also in Georgia. Sponsoring the European Business Awards is in line with HSBC ’s Strategy and provides opportunities to raise awareness of HSBC ’s commitment to the success of the business community.  Each year we see impressive entries from some outstanding companies with great stories to tell. This year is no different; the quality of applicants is rising as are the number of entrants,” Guy Lewis, Chief Executive Officer of HSBC Bank Georgia said.

In 2010 the European Business Awards initiated approximately 15,000 business contacts and 1,135 entries, of which 98 entries were nominated by HSBC . Compared to the previous year there was a 537% increase in the number of entrants.

“Georgia can be showcased to the rest of Europe as a fast growing economy with innovative, forward-thinking companies and businesses that are growing quickly.  Last year three companies made great examples of successful Georgian business.  Being selected at the Awards ceremony means being a professional business of the highest calibre.  Winning companies will benefit from extensive media and industry coverage and can demonstrate to clients and investors that their business is recognized amongst the best in Europe. That in turn almost certainly brings an increase in business as more suppliers and buyers get to know the company”, Guy Lewis stated.

Every year the European Business Awards is judged by a prestigious panel of experts and involves some of Europe’s key political figures. Past participants have included Emil Constantinescu, former President of Romania, Arnold Rüütel, former President of Estonia; and Petar Stoyanov, former President of Bulgaria; business leaders including Isidoro Unda, CEO of Atradius, Peter Brabeck-Lethmathe, former CEO of Nestle, and Gilbert Ghostine, Managing director of Diageo Continental Europe; top academics and media representatives from Europe’s most influential media owners. Zviad Pochkhua , the CEO and co-Founder of Intelligence Group LLC and Editor in Chief of The FINANCIAL published by Intelligence Group LLC is a member of the judging panel.

The categories include the following nominations: the Award for Environmental and Corporate Sustainability, Customer Focus, the Employer of the Year Award, the HSBC International Growth Strategy of the Year Award, the RSM International Entrepreneur of the Year Award, the UKTI Award for Innovation, 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+).

The FINANCIAL is the official country partner of European Business Awards sponsored by HSBC .

This year, to further support local businesses, HSBC has decided to sponsor the Georgian National Business Awards.  “This year HSBC is delighted to be involved in the Georgian National Business Awards as the main sponsor and supporter. From our EBA experience, I find that these initiatives invariably stimulate innovation and development of business. We believe that in 2011 the NBA can showcase the best examples of growth, ethics and innovation on a national scale,” Mr. Lewis said.

“HSBC has a team of professional Relationship Managers. We provide local as well as international advice; we have a wide range of products available.  In many situations using structured trade products is much cheaper than using traditional methods of financing such as loans or overdrafts. These are the sorts of products and expertise we offer to the local market,” Mr. Lewis added.

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