Baltic, Energy, Good for Business, Investments, Markets and Companies

International Internet Magazine. Baltic States news & analytics Friday, 29.03.2024, 13:06

Tallinna Vesi has the best investor relations in the Baltics

BC, Tallinn, 23.01.2015.Print version
Nasdaq's Tallinn, Riga and Vilnius Stock Exchanges declared AS Tallinna Vesi as the company with the Best Investor Relations in the Baltic countries on Thursday, LETA/Postimees Online reports.

Tallinna Vesi (water utilities) was announced the winner in the main category “The Best Investor Relations in the Baltic” for the second consecutive year. The second place was won by the Lithuanian telecom company TEO LT, the third by the Estonian construction company Merko Ehitus, the fourth by Lithuanian state-owned energy company LESTO and Estonian fashion company Baltika.

 

The state-owned enterprise (SOE) Klaipėdos nafta became the winner in the category “The Most Visible Improvement over the Year” and was invited to ring the Opening Bell at Nasdaq MarketSite in Times Square, New York by Bob Greifeld, CEO of Nasdaq.

 

“I am excited to congratulate the winners of the Baltic Market Awards as well as the runners-up and all listed companies which invest in transparency, because the importance of investor relations, which determines public confidence in companies and financial markets, grows steadily in recent years,” said Arminta Saladžienė, Head of Nasdaq Baltic, as reported by Nasdaq. "These days, profitability alone is not sufficient to attract investors and financing for growth; increasingly more robust and consistent financial market regulatory standards require companies to demonstrate an open and fair dialogue with investors and sound corporate governance practices.”

 

SEB Pank was recognized as the most active financial intermediary and participant of the market development projects and was announced the “Member of the Year”.

 

Ventspils nafta was announced the winner in the category “The Best Interactive Investor Relations”.

 

TEO LT became the winner in two categories: “The Best Investor Relations According to the Analysts” and “The Best Annual Report and Corporate Governance Report”.

 

The Baltic average score in 2014 evaluation was 75.81, 1.26% up from 2013, and 49.5% up from 2006, the first BMA evaluation. The Baltic highest score this year was 94.84 out of 100.

 

A total of 49 Baltic Main List and Secondary List companies with more than EUR 10 million average market capitalization and the companies, which had volunteered, were ranked. The companies were evaluated according to more than 160 criteria as investor relations include corporate governance and regulatory compliance with an increased emphasis on accuracy in auditing and public disclosure.

 

“The Most Attractive Company on the Nasdaq Baltic Market” was the new category introduced by Nasdaq Baltic this year. 2076 investors voted on the Nasdaq Baltic website from 6 to 13th of January. The majority of investors’ votes went to Tallinna Vesi and this company was announced the winner of this category.

 

Top 20 “The Best Investor Relations in the Baltic Market”


1. Tallinna Vesi
2. TEO LT
3. Merko Ehitus
4. LESTO
5. Baltika
6. Invalda.LT
7. PRFoods
8. Olainfarm
9. Lietuvos energijos gamyba
10. Ventspils nafta
11. Olympic Entertainment Group
12. SAF Tehnika
13. Klaipėdos nafta
14. Tallink Grupp
15. Ekspress Grupp
16. Apranga
17. Nordecon
18. Linas Agro Group
19. Harju Elekter
20. Latvijas Gāze






Search site