10th Anniversary Baltic Market Awards – January 28, 2016

According to a press release distributed the same evening, “(o)n January 28, 2016 during the 10th Baltic Market Awards Nasdaq Baltic traded companies with the best investor relations over the past year were recognized. The winners were announced in eight categories and honored during the live video bridge between Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.

To mark a decade of the Baltic Market Awards, a special category was created to recognize one company from each Baltic country that has displayed greatest increase in share price combined with Baltic Market Awards ranking throughout 10 years. All three Top Performer of 10 Years winners – Tallinna Kaubamaja Grupp, Olainfarm and Apranga – were invited to ring the bell at Nasdaq MarketSite in New York.

Baltic Market Awards - January 28, 2016The largest water utility company in Estonia Tallinna Vesi was announced the winner in the main category The Best Investor Relations in the Baltics 2015 for the third time in a row.  Tallinna Vesi also showed the best results in two more categories: The Best Interactive Investor Relations 2015 and The Best Investor Relations According to the Market Professionals 2015.

‘We are delighted to congratulate the 10th Baltic Market Awards winners, the runners up and all Baltic listed companies which showed their commitment to transparency and acted in accordance to the highest international standards,’ said Arminta Saladžienė, Head of Nasdaq Baltic. ‘The algorithm is simple: sound investor relations and corporate governance boost trust in companies and the capital market. In turn the capital market provides access to funds and liquidity and helps strengthen the company’s reputation.’”

In 2015, 55 Baltic listed companies were evaluated according to 160 criteria.  Geoffrey Mazullo, Principal, Emerging Markets ESG, is Chair of the Baltic Market Awards Evaluation Committee.

A complete list of winners and full results may be found on the Baltic Market Awards 2015 page of the Nasdaq Baltic internet site.

You may read the press release about the Baltic Market Awards 2015 here.