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The wait is over — Estonia’s most prestigious business competition has unveiled its finalists. After more than 30 years of celebrating local excellence, the Entrepreneurship Award 2025 has once again selected the cream of the crop – 35 outstanding companies across seven categories.
The competition now enters its most intense phase. Throughout late July and August, category managers will conduct thorough site visits to each finalist, diving deep into their operations, achievements, and impact. By early October, only three companies per category will advance to the final round, ahead of the awards gala on November 1st.
The finalists by category
Foreign Investor
- Foxway OÜ – A Swedish-founded circular tech operator. Foxway specialises in extending device lifecycles through its “Device-as-a-Service” solutions, helping companies transition from wasteful linear tech consumption to sustainable circular models. Their Estonian operations contribute to preventing over 234,000 tons of CO₂e emissions annually.
- Höhle OÜ – An industrial manufacturer focused on advanced plastic products such as plates, sheets, tubes, and profiles. Their production facility operates in Rapla County and the company has been successfully operating on the market for over a decade.
- GPV Estonia AS – Part of the global GPV Group with over 60 years of experience, GPV’s Estonian facility in Elva is one of Europe’s largest electronics manufacturing sites. With 800 employees and a 15,200 sqm facility, they provide high-mix volume electronics manufacturing services, serving both Central and Northern European markets.
- ABB AS – The Estonian arm of the global technology leader ABB, operating in the country for over 30 years. Recently, the company made a record investment to expand its manufacturing capabilities, including building a global wind turbine service centre and expanding the production of ultra-large synchronous stators. ABB Estonia now manufactures motors with capacities up to 60 MW, a tenfold increase over previous limits, making it one of Europe’s leading producers in this sector.
Exporter
- Aktsiaselts Wermo
- LEI Register OÜ
- Auroom OÜ
- E-Piim Tootmine AS
- Tech Group AS
Innovator
- Pactum AI OÜ
- Stargate Hydrogen
- ALPA Kids OÜ
- UP Catalyst OÜ
- R8 Technologies OÜ
Family Enterprise
- Terviseagentuur OÜ
- BLRT Grupp AS
- AS Terminal
- OptiPRO OÜ / Pro Optika
- Pintmann Grupp OÜ
Industry Digitaliser
- Tiksoja Puidugrupp AS
- E-Piim Tootmine AS
- Warmeston OÜ
- Aktsiaselts Barrus
- K-Print OÜ
Tourism Developer
- PROTO avastustehas
- Old Hapsal Hotel OÜ
- Värska Sanatoorium AS
- Mustamäe SPA OÜ
- Wanderlust Matkad OÜ
Sustainability Developer
- Orkla Eesti AS
- Eesti Pandipakend
- Akzo Nobel Baltics AS
- UP Catalyst OÜ
- Lasita Aken AS
What’s at stake
The winners will gain exposure through comprehensive marketing campaigns, receive professional marketing materials in both Estonian and English, and join the ranks of Estonia’s most celebrated business success stories.
One of the seven category winners will claim the ultimate prize – the “Company of the Year 2025” title, selected from both the Entrepreneurship Award winners and the Estonian Chamber of Commerce and Industry’s Competitiveness Ranking champions. Mark your calendars for November 1st – this is one celebration you won’t want to miss!
