Tallinna Vesi won the main category Best Investor Relations in the Baltic Market for the first time. Robert Greifeld, CEO of NASDAQ OMX Group, invited the winner to the NASDAQ OMX Marketsite in New York to participate in the Bell Ringing Ceremony.
TEO LT was the runner up for the best investor relations performance in 2013, and the third place went to Baltika. Grindeks and Nordecon ranked fourth and fifth, respectively.
"We evaluate our listed companies according to the international standards in investor relations. Transparency, openness and sound corporate governance are the most important tools in order to build confidence both in companies and in the entire capital market," said Arminta Saladziene, Head of NASDAQ OMX Baltic Market. "It is much easier for companies to access financing for growth and increase their competitiveness, if investors, creditors, employees and other stakeholders trust them. In the end, more transparent and fair environment brings benefits to the Baltic economies and to the people."
The Baltic Market Awards 2013 were handed out to winners in six categories, among them the Member of the Year, the award was presented to LHV Pank for the third consecutive year.
A total of 52 of NASDAQ OMX Baltic Market listed companies were evaluated against more than 160 criteria.
Winners by categories:
Best Investor Relations in the Baltic Market:
1. Tallinna Vesi
2. TEO LT
3. Baltika
4. Grindeks
5. Nordecon
Most Visible Improvement over the Year:
1. Ekspress Grupp
2. Ventspils nafta
3. Merko Ehitus
Best Interactive Investor Relations:
1. Ventspils nafta
2.-3.Grindeks and TEO LT
Best Investor Relations According to the Analysts:
1. TEO LT
2. Olympic Entertainment Group
3. Apranga
Best Annual Report and Corporate Governance Report:
1. TEO LT
2. Tallinna Vesi
3. Baltika
Member of the Year:
1. LHV Pank
2. Bankas Finasta
3. SEB Pank
Top 20 Baltic companies in 2013 according to their Baltic Market Awards Best Investor Relations in the Baltic Market score:
1. Tallinna Vesi
2. TEO LT
3. Baltika
4. Grindeks
5. Nordecon
6. Ekspress Grupp
7. Harju Elekter
8. Apranga
9. Merko Ehitus
10. Premia Foods
11. SAF Tehnika
12. Olympic Entertainment Group
13. Ventspils nafta
14. Invalda
15. Olainfarm
16. Latvijas kuģniecība
17. LESTO
18. Šiaulių bankas
19. Lietuvos energijos gamyba
20. Tallink Grupp