20 Romanian companies receive Deloitte „Best Managed Companies” certification

At this edition, the program attracted 113 local companies, of which 30 reached the main stage, that of the workshops and interviews held alongside mixed teams of experts appointed by Deloitte and the partner organizations, in the form of an exercise of analysis and self-analysis of business processes, structured in four pillars – strategy, culture and engagement, innovation and resources, and governance and financial aspects.

The companies that received the “Best Managed” certification for the first time at this third edition of the program are Agexim Transport & Logistics (active in commercial transports, established in 2021, with 615 employees and a turnover of €33.5 million in 2023), Christian'76 Tour (active in tourism, established in 1997, with 311 employees and a turnover of €126.5 million in 2023), Compexit Grup (active in automotive, established in 1995, with 105 employees and a turnover of €47.2 million in 2023), IRUM (producer of machinery for agriculture and forestry, established in 1953, with 376 employees and a turnover of €27.6 million in 2023), Perla Harghitei (active in mineral water bottling, established in 1990, with 265 employees and a turnover of €30.5 million in 2023) and Temad Co (active in non-specialized trade, established in 1994, with 257 employees and a turnover of €48.3 million in 2023).

The category of re-certified companies was opened by Celco (producer of construction materials, established in 1973, with 280 employees and a turnover of €42.5 million 2023) and Lidas (active in the food industry, established in 1993, with 611 employees and a turnover of €33 million in 2023), both having received the program certification for a third consecutive year, while 12 other companies received their second certification: Agricola International (active in the food industry, established in 1992, with 2,036 employees and a turnover of €156.6 million in 2023), Arobs Transilvania Software (software producer, established in 1998, with 1,202 employees and a turnover of €86.3 million in 2023), Bog'Art (active in construction, established in 1991, with 444 employees and a turnover of €170 million in 2023), Cemacon (producer of construction materials, established in 1969, with 409 employees and a turnover of €35 million in 2023), Dicor Land (active in agriculture, established in 2011, with 73 employees and a turnover of €28.8 million in 2023), Eturia (active in tourism, established in 2006, with 80 employees and a turnover of €28.8 million in 2023), OSCAR Downstream (active in the oil and gas sector, established in 2001, with 507 employees and a turnover €1.47 billion in 2023), Phylosophy Design - Rovere (active in the field of furniture and interior design, established in 2005, with 180 employees and a turnover of €30.8 million in 2023), RTC Proffice Experience (active in the field of office items and equipment distribution, established in 1994, with 196 employees and a turnover of €40.8 million in 2023), Safeway International Impex (active in the trade of food and non-food products, established in 1994, with 182 employees and a turnover of €34 million in 2023), Simtel Team (with business in telecom, established in 2010, with 130 employees and a turnover of €58 million in 2023) and TeraPlast (active in the field of polymer processing, established in 1896, with 945 employees and a turnover of €135.8 million in 2023).

The initial selection of participants in the third edition of the Romania Best Managed Companies program was made based on the application forms, taking into account the eligibility criteria, among which a turnover of at least €25 million in 2023, and during the main phase 107 representatives of the management teams of the 30 companies that had been accepted, together with 47 facilitators from Deloitte, Banca Transilvania and the Black Sea Trade and Development Bank held over 345 hours of workshops and interviews.

At the end of this stage, the program's independent jury, which included Victoria Zinchuk, Country Director of the European Bank for Reconstruction and Development (BERD), Radu Hanga, President of the Bucharest Stock Exchange (BVB), Cristian Popa, Member of the Board of Directors of the National Bank of Romania (BNR), Cristian Nacu, Senior Country Officer, International Finance Corporation (IFC), and professor Nicolae Istudor, Rector of the Bucharest Academy of Economic Studies (ASE), analyzed the conclusions of the workshops and interviews, and decided which are the companies whose organizational and managerial practices are best aligned with the international Best Managed Companies standard.

“Best Managed Companies has reached its third local edition, a landmark-moment, which, in addition to objective growth indicators – an initial selection pool that reached 113 companies, an admission threshold starting from 25 million euros in turnover – also brought validation from the increasingly numerous companies who chose to re-enroll and resume this deliberate exercise of self-analysis, persisting in their search for business performance beyond numbers as well. We therefore have a growing community, with professional guidance from our partners, Banca Transilvania, our ally since the first local edition of the program, as well as BSTDB, EBRD and ASE, who joined Deloitte Private in the ambitious endeavor of inspiring entrepreneurs to structure their business strategies and processes, including in terms of access to financing, listing on the stock exchange or succession,” said Andrei Burz-Pînzaru, Partner, Deloitte, leader of the Deloitte Private Program in Romania.

Best Managed Companies is one of Deloitte's longest-running international programs, held annually since 1993, in more than 45 countries on all continents, which analyzes, based on its own methodology, against international best practices, the way the business is organized and managed. The first edition in Romania took place in 2022.

The Best Managed Companies initiative is run under the umbrella of Deloitte Private, Deloitte's program for private companies of all sizes, including local entrepreneurs, SMEs, start-ups and family businesses.