Aiming at entrepreneurship affirmation and promotion, Directorate for development of small and medium sized enterprises, the forth year consecutively organizes

THE ELECTION FOR THE BEST ENTERPRISE OF THE YEAR

The project aim is entrepreneurship enhancement and promotion of entrepreneurial success stories, creating positive “entrepreneurial climate�, which awards success by public appreciation.
The election for the best enterprise of the year is the standard practice in most developed countries, and received awards represent the most prestigious appreciations for successful enterprises.

Criteria for the most successful enterprises are:

• volume and growth of total income
• volume and growth of employees
• profitable business
• internationalization of business activities
• quality of goods/services
• setting off technology and innovations
• relation and responsiveness toward civil society environment
• entrepreneurs` characteristics (managers`)

According to the Public call announcement, the Commission selected 40 applications, as eligible for further appraisal, which were received by the deadline, 30th April 2009.
Aiming at confirming and getting objective insight into running business of selected enterprises, as well as electing the best enterprise in Montenegro, all criteria are divided into two categories: quantitative and qualitative. Quantitative criteria, with the share of 65% of total appraisal, are important because of higher level of reliability, excluding eventual subjective appraisals, while quantitative criteria cover 35%. Within quantitative criteria, there are five economic marks, which are considered as the best way to imply success business of every enterprise/entity.

The best enterprise for 2008 is JADROAGENT LTD. from Bar

II place was divided between two enterprises:
MONTENOMAKS SHIPPING LTD. from Podgorica and
MEAT INDUSTRY GORANOVIĆ LTD. from Nikšić
III place was also divided between two enterprises:
RIBNICA COMMERCE LTD. from Podgorica and
VOLI TRADE LTD. from Podgorica