2 June 2011

VRV scoops Ruban d’Honneur at the European Business Awards

VRV S.p.A stepped ahead of tough competition to be selected for a prestigious Ruban d’Honneur in round two of the European Business Awards sponsored by HSBC. Receiving a Ruban d’Honneur is an impressive achievement and celebrates businesses who demonstrate exceptional performance within their sector.  VRV S.p.A  will now compete as a finalist within the “Business of the Year“  category.
The Ruban d’Honneur is awarded to up to ten successful entrants in each category. Judges deliberate to select which individuals and businesses are awarded the Ruban d’Honneur, and it is from the Ruban d’Honneur recipients that the final winner in each category is decided. The 2010 European Business Awards showcased 100 Ruban d’Honneur recipients with a combined turnover greater than € 766 billion Euros (6% of EU GDP) employing over 3.5 million people.

All Ruban d’Honneur recipients will now prepare to appear before a third judging panel of highly regarded academics, heads of state, industrialists, entrepreneurs and media commentators drawn from across the 28 member European States. The interviews will take place in September in London.

Massimilliano Spada, Chairman of the Board of Directors said: “for VRV to receive a Ruban d’Honneur from the European Business Awards is a real mark of distinction and is testimony to the determination and passion which drives this company. The commitment of our staff, the importance of our customers and partners culminate in being recognized as being leaders in the fields that we operate in”.

Adrian Tripp, Chief Executive of the European Business Awards said: “Receiving a Ruban d’Honneur is a major success. It promotes the fact that you’re up there with the best businesses across the European community. This year has been tough on the judging panel as we’re seeing businesses emerge from economic difficulties and come out fighting and delivering some great entries. The gaze of the European business community is well and truly on the Ruban d’Honneur recipients and VRV demonstrated real talent in “Business of the Year” category. Together with HSBC we wish VRV every success in this next and final round of the European Business Awards.”

Petar Stoyanov, former President of Bulgaria, “This event inspires and stimulates European Business to reaching exacting criteria, where not only annual turnover and sales count, but also factors with high social importance – what we call business ethics.”
About VRV S.p.A – VRV S.p.A. is the parent company of the VRV Group, with manufacturing facilities in Italy, France and India and commercial offices based in Belgium, the Czech Republic, the Netherlands, Saudi Arabia, India (Mumbai) and Malaysia. The VRV Group is today present on the main international markets with the most important engineering companies, general contractors and end-users in Europe, Asia, North and South America, reaching year by year technological targets with clients of primary importance.

About the European Business Awards 2010:
The European Business Awards recognizes and rewards excellence, best practice and innovation in companies across the European Union. The competition is free to enter and open to organizations of all sizes and from any industry sector.
The European Business Awards programme serves three purposes for the European business community:

  • It provides examples for the business community to aspire to
  • It celebrates and endorses individual’s and organisation’s success
  • It provides case studies and content for learning from these exceptional organizations

An innovative, strong and thriving business community makes a successful and prosperous Europe.

For additional information about VRV, please visit; for information about the 2011 European Business Awards, please visit