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21 Romanian entrepreneurial companies have received the "Best Managed Companies" certification from Deloitte for their managerial performance in 2022. These companies, with a combined turnover of 2.7 billion euros and almost 8,000 employees, have been recognized for their good practices and managerial performance. The certification was awarded at the end of the second edition of the Best Managed Companies Romania program, organized by Deloitte in partnership with Banca Transilvania, the Bucharest Stock Exchange, and the European Bank for Reconstruction and Development.
The program attracted over a hundred local companies, of which 40 reached the main stage, involving workshops and interviews conducted by mixed teams of experts appointed by Deloitte and partner organizations. This analysis and self-analysis exercise focused on four pillars: strategy, culture and engagement, innovation and resources, and governance and financial aspects.
The companies that received the "Best Managed" certification in this edition include:
Special recognition, offered in a separate category, was given to companies that participated and received the "Best Managed" certification for the second consecutive year, namely Celco, Lidas, R.D.F., and Romstyl Impex.
The initial selection of participants in the second edition of the Best Managed Companies Romania program was based on registration forms, taking into account eligibility criteria, including a turnover of at least 20 million euros in 2022. In the main stage, 160 representatives of the management teams of the 40 admitted companies, along with 64 facilitators from Deloitte, Banca Transilvania, the Bucharest Stock Exchange, and the European Bank for Reconstruction and Development, conducted over 700 hours of workshops and interviews.
At the end of this stage, the independent jury, including Radu Hanga, President of the Bucharest Stock Exchange, Cristian Popa, Member of the Board of the National Bank of Romania, Cristian Nacu, Senior Country Officer at the International Finance Corporation, and Prof. Dr. Dorel Paraschiv, Prorector of the Bucharest Academy of Economic Studies, analyzed the workshop and interview conclusions and decided which companies' organizational and management practices were best aligned with the international Best Managed Companies standard.
The Best Managed Companies program is one of Deloitte's longest-running international programs, conducted annually since 1993 in over 45 countries on all continents. It analyzes, using its proprietary methodology based on international best practices, how businesses are organized and managed. The first edition in Romania took place in 2022.
The Best Managed Companies initiative is carried out under the Deloitte Private umbrella, the Deloitte program addressing private companies of all sizes, including local entrepreneurs, SMEs, startups, and family businesses.