The Nasdaq Baltic Awards celebrate the outstanding achievements of Nasdaq Baltic listed companies in the areas of transparency, sound corporate governance and investor relations. 

The awards honor the companies with the best investor relations and the best shareholder return as well as the best performing stock exchange member. They also highlight the most significant stock exchange events – those with the most impact on the Baltic capital market’s development.

A total of six awards are presented during the biennial Nasdaq Baltic Awards ceremony to listed companies, stock exchange members, media and other stakeholders, in order to showcase excellence in investor relations and encourage more investment and media interest in the Baltic capital markets.  



Investor Relations
of the Year
The company on the regulated market with the best investor relations and the best shareholder return.
Stock Exchange Member
of the Year
The stock exchange member that most actively contributed to capital market development initiatives.
Stock Exchange Event
of the Year
The event in each Baltic country that most influenced local capital market development.
of the Year
In each Baltic country, the best article about the capital markets.
Best Investor Relations
on First North
The company with the best investor relations on the Nasdaq First North alternative market.
Best Investor Relations
by a Bond Market Newcomer
The company with the best investor relations on the Nasdaq Baltic Bond List.

Evaluation process

May 2018
The list of companies to be evaluated is finalized based on the selection criteria.
June – September 2018
Evaluation of publicly available data. This is the cut-off date for companies disclosures subject to evaluation. Companies are analyzed according to the Nasdaq Baltic Awards evaluation criteria.
September 2018
Companies which managed to qualify are analyzed by market professionals and analysts.
October-November 2018
Approval of the evaluation results and winners by the Evaluation Committee
January 2019
The Nasdaq Baltic Awards ceremony - winners announced.
February 2019  
Results of evaluation, individual analysis and recommendations are communicated to the companies in the individual meetings.

Evaluation Committee

Geoffrey Mazullo
Chairman of Nasdaq Baltic Awards committee
Emerging Markets ESG
Anete Pajuste
Member of NBA committee
Associate Professor
Stockholm School of Economics (Riga)
Member of NBA committee
Head of Exchange Services,
Nasdaq Baltic
Chairman of Management Board,
Nasdaq Riga
Daiva Rakauskaitė
Member of NBA committee
Partner and Fund manager LLP Business angels fund II & LLP Business angels fund I.
Kaarel Ots
Member of NBA committee
Chairman of the Management Board, Nasdaq Tallinn
Katre Kõvask
Member of NBA committee
CEO Tere AS/Farmi
Piimatööstuse AS
Kristi Saare
Member of NBA committee
Teacher & Head of Studies at Pelgulinna Gümnaasium
Saulius Malinauskas
Member of NBA committee
Chairman of the Management Board Nasdaq Vilnius

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