Scandinavian Business Awards (2025)

Entries opened: Monday 30th December 2024 Entries closing: Monday 10th March 2025 Winners to be announced: June 2025

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Everything you need to know about the award Scandinavian Business Awards

About Methodology Frequently Asked Questions View Winners

About

EU Business News is delighted to announce the return of the Scandinavian Business Awards 2025, a program dedicated to recognising the exceptional achievements of businesses across Denmark, Sweden, and Norway. Now in its sixth year, the awards continue to highlight innovation, growth, and entrepreneurial success in one of the world’s most dynamic and prosperous regions.

Scandinavia is widely regarded as a global leader in innovation, sustainability, and economic resilience. Home to a combined population of approximately 21 million people, the region boasts some of the highest standards of living and disposable incomes worldwide. In 2023, the collective GDP of Denmark, Sweden, and Norway exceeded $1.4 trillion, underscoring the strength and potential of this market.

Each country in the region brings unique strengths to the business landscape. Sweden is a global hub for technology and startups, with Stockholm producing the second-highest number of billion-dollar tech companies per capita after Silicon Valley. Denmark, known for its leadership in green technology and pharmaceuticals, continues to attract global investment in MedTech and telecommunications. Norway, bolstered by its vast natural resources, is driving innovation in renewable energy and sustainable infrastructure, solidifying its role as a pioneer in energy transition.

Scandinavian businesses are embracing digital transformation, sustainability, and innovation at an unprecedented pace. In 2024, nearly 80% of businesses in the region adopted digital tools to optimise operations, while investments in renewable energy grew by 15%, furthering Scandinavia’s position as a global leader in sustainability. Scandinavian consumers also play a pivotal role, with their reputation for rapid adoption of new technologies and products. Studies show that in Denmark, Norway, and Sweden, the average time for new product adoption is 50% faster than the rest of Europe.

Emerging sectors like Life Sciences, Digital Health, and Green Energy are transforming the region’s economy, while established industries such as logistics, manufacturing, and finance continue to innovate and expand. This confluence of tradition and modernity makes Scandinavia one of the most exciting regions for businesses to thrive.

The Scandinavian Business Awards 2025 will shine a spotlight on the trailblazers across these dynamic markets. From startups disrupting their industries to established enterprises pushing the boundaries of excellence, the awards celebrate businesses that exemplify innovation, resilience, and impact. Winners will be selected through a rigorous and unbiased process led by EU Business News’ in-house research team. Key criteria include company performance, client testimonials, product innovation, and brand reputation. This ensures that all honourees are recognised solely on merit, offering credibility and prestige to every recipient.

Being selected as a recipient in the prestigious Scandinavian Business Awards delivery a wide range of benefits. It enhances brand reputation, boosts team morale, and provides valuable marketing opportunities. Winners receive a free marketing toolkit to promote their success, underscoring EU Business News’ commitment to ensuring the awards are not pay-to-play. Additionally, optional commercial packages offer extended exposure to help businesses maximise their visibility and growth potential.

If your business is based in Denmark, Sweden, or Norway, this is your opportunity to showcase your achievements! Submit your nomination for the Scandinavian Business Awards 2025 by clicking ‘Vote Now’ and following the instructions provided. We look forward to celebrating the innovators and leaders who are shaping the future of Scandinavian business!

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How It's Done

All nominees are researched

The EU Business News team work hard in identifying great businesses, driving many of the nominations themselves. We also encourage external nominations from the subscribers of the magazine, online visitors, social media followers, clients and wider circulation. Nominating parties are invited to put forward either their own business or third-party companies whom they hold in high regard.

Creating the shortlist

All nominees are formally requested to accept their nomination. Should any firm or individual decline at this point, they are simply taken out of the running. Those who formally accept are given the opportunity to submit additional supporting information to cement their nomination. Although there is no obligation to complete and supply material, we have found that many nominees value this stage, in the process, as much as our research team do.

Evaluating the shortlisted nominees

Our dedicated research team will assess all information presented to them. The team gather information independently from a variety of publicly accessible sources, which are assessed alongside any material supplied by a nominating party or the nominee themselves. The research team casts their final judgment, based on various criteria such as: business performance, longevity, business growth (either sustained or rapid), any significant innovations or feedback from stakeholders.

How winners are determined

Once winners are selected, they are personally notified before any public announcement is made, allowing time for any communications throughout the wider business and the coordination of marketing strategies. Unfortunately, not everyone can be a winner; however, all who take part are encouraged to come back next year. Once the press embargo is lifted, details of our award winners will be made public via the website, award winners’ magazine and subscriber newsletter.

Sharing the exciting news

We are prepared to offer a range of promotional packages and items to winners of a EU Business News award, which vary from inclusion in the free-of-charge winners’ directory, to trophies, content in our magazine and on our website.

We encourage all winners to publicly announce their win independently in order to gain maximum exposure for their win. Announcements via company websites, social media, via publicly released press releases, and through local and national press are all great ways of maximising the exposure which can be gained from such a great achievement. If you have need of further advice, on how to publicise your win, please feel free to get in touch. We are happy to assist our clients with their needs.

Frequently Asked Questions

How long has EU Business News been in circulation for?

EU Business News launched in 2016, during this time it has built up a fantastic reputation for itself. Our magazine aims to provide an absorbing overview of this exciting region and the businesses and individuals operating within the EU. Our readership of industry and business professionals have been drawn to the publication for its reporting on things such as the unique business innovators who strive to change the sector in this exciting region. EU Business News is one of the many publications by AI Global Media, a UK based publisher which has published several hundred publications since the business launched in 2010.

Where did the nomination come from?

We as publishers frequently nominate candidates ourselves. In terms of the votes received in the interest of maintaining high response rates, we do not ask nominees to reveal their personal identity, if you didn’t cast a vote by self-submission it is likely to have been cast via a colleague or client. The main ethos of our awards system is that your ability to succeed is not linked to the number of votes received, with the most pertinent belief behind this being that all awards will be received purely on merit. As a means of identifying spam votes and countering cyber-threats, we are constantly monitoring the site for unusual behaviour.

What happens if I agree to be on the shortlist?

As we look to keep maximum focus on relevant candidates, we ask all nominees to accept their position on the shortlist. This also gives people complete control in their decision on whether they would like to move forward with the award. There is no cost for you to be added onto the shortlist and no obligatory costs for winners. Nominees who accept will then proceed to our rigorous internal vetting procedure. They are given an opportunity to present their own data which gets considered alongside the information collated by our research team. It can take up to 8 weeks for research to be completed.

Who makes the final decision?

We employ an entirely impartial panel of 5 individuals who conduct all their research in line with our high standards. At the helm of the panel we have a veteran academic leader with international academic and training experience. The team are well versed in research, fact-checking and mediation. We believe this method is the most efficient in determining which individuals and companies are most deserving in winning an award and has brought us much success and commendation throughout its use. Our continued use of this panel plays a key part in enforcing EU Business News’ stance that winners are not determined by popularity of votes, but by their contributions to their industry.

Is there a winner’s ceremony/award dinner and if so, when does it take place?

We do not focus our efforts on a celebratory event. Despite being an enjoyable occasion, it doesn’t support our group’s philosophy of cost-effective marketing. As well as the lack of cost efficiency, EU Business News is of course an establishment which runs across all EU countries and we believe it would be logistically difficult for some of our winners to attend an awards ceremony. We follow the belief that any of the optional costs involved with the award would be more beneficial in a year’s worth of online marketing for a winner, rather than spending it all on a ceremonial evening. All of our press announcements are made digitally, online and across our network to enforce our position as digital publishers. We aim to arm you with the tools (both digital and physical) to generate real-world value.

What happens if I am deemed successful?

There is a short press embargo in place where we ask you not to make the news public, giving us the chance to prepare the different means of coverage we offer for companies. This means that during this period the program manager will liaise with you to agree on the most appropriate coverage for you. Our main feature takes the form of a digital celebratory magazine, but we also offer physical trophies, wall mounted and digital certificates, web-based advertisements and press releases which are bespoke to you or your company. This variety of options are aimed to make the awards tailor made to each individual firm, regardless of which option you decide to go for.

Are there any costs involved?

As previously mentioned, there are no compulsory costs in accepting a nomination or winning an award with EU Business News. We do offer a variety of paid additional benefits for our winners, but these are completely optional and merely supplementary to your award rather than essential. To demonstrate our commitment to no mandatory fees, all of our winners are offered a free of charge promotional package. Our company policy will always remain: regardless of budget, our clients should always be able to garner the full value of the award and our seal of approval. We offer a variety of promotional opportunities to our winners. as we have an extensive network and we know, more than anyone, the wider business benefits from promoting industry awards.

Why does your email domain differ from your website domain?

Because we send a large volume of emails, we separate our campaign email sends from our transactional ones. This structure helps to ensure a prompt and thorough response from one of our diligent team members. The sending email address will always be recognisable but please contact us via the address on this page if you have any concerns.

Previous Winners

Delve deeper into the achievements of our past award winners, individuals and organisations that have set a high standard in their respective industries. Our previous winners range from emerging talents to established veterans, all of whom have demonstrated exceptional skill, innovation, and dedication. Take a moment to discover their achievements.

Meet The Team

Need Help With Your Award? We can point you in the right direction.

The Nomination Team can assist with answering any queries that you have regarding a nomination, or the process involved in taking part in one of our award programmes.

Please get in touch with us via email or over the phone if you have any questions - we are happy to help!

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