Twelve outstanding companies have been shortlisted for the 2025 European Small and Mid-Cap Awards
Press release, Brussels, 15th September 2025
Twelve outstanding companies have been shortlisted for this year’s European Small and Mid-Cap Awards
EuropeanIssuers, the Federation of European Securities Exchanges (FESE), the European Commission and the European Investment Fund (EIF) are delighted to announce the shortlist for the 13th annual European Small and Mid-Cap Awards.
The twelve shortlisted companies, selected from among the most dynamic small and mid-caps to have gone public in the period 2023-24, have been pinpointed by an independent, expert jury for their outstanding performances across the four Awards categories.
The winner of each category will be revealed during a grand ceremony set to take place on 11th November 2025 as part of the European Commission’s SME Assembly in Copenhagen, Denmark.
On top of the category prizes, the coveted Star of 2025 will shine on the best overall entry, selected from among the winners of the four categories: Rising Star, International Star, Star of Innovation, and Star of Sustainability.
The ‘Special Mention’ will also be awarded to an individual or company that has had a significant impact on facilitating small and mid-cap issuers’ access to capital markets.
Rising Star:
- BYTETRAVEL S.A. listed on BME, SIX Group
- Nordrest listed on Nasdaq Sweden
- ODYSSEE TECHNOLOGIES listed on Euronext Paris
International Star:
- COX listed on BME, SIX Group
- NextGeo Group listed on Euronext Milan
- Steyr listed on Deutsche Börse Group
Star of Innovation:
- Apotea listed on Nasdaq Sweden
- THEON INTERNATIONAL listed on Euronext Amsterdam
- Sys-Dat listed on Euronext Milan
Star of Sustainability:
- EBRO listed on BME, SIX Group
- ICOP listed on Euronext Milan
- VERTIKAL Group listed on Budapest Stock Exchange
Notes to editors:
Please note that the shortlisted companies for each category are listed in alphabetical order.
About the European Small and Mid-Cap Awards
The objective of the Awards is to promote best practices and highlight the best European Small and Mid-Sized Companies that have gained access to capital markets via an Initial Public Offering (IPO). They showcase the diversity of European markets, and aim to promote stock listings, in particular targeting SMEs and growth companies. These companies are critical to accomplishing the EU’s goals of job creation, competitiveness, and growth.
https://europeansmallandmidcapawards.eu/
The Awards Jury
The shortlisted companies are chosen by an independent jury:
- Detlef Fechtner, EU Correspondent, Börsen-Zeitung
- Eglė Fredriksson, Portfolio Manager, East Capital
- Ekaterina Gianelli, Partner, Inventure
- Martin Hock, Finance Editor, Frankfurter Allgemeine Zeitung (F.A.Z.)
- Phaedon Tamvakakis, Vice Chairman, Alpha Trust Investment Services
About the European Commission
The Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROW) of the European Commission develops and implements a range of policies to improve access to finance for SMEs in the EU. SMEs are critical to European economic recovery and to accomplishing the EU’s goals of job creation, competitiveness and growth. For more information, please visit https://ec.europa.eu/growth/access-to-finance_en.
About the European Investment Fund (EIF)
The European Investment Fund (EIF) is part of the European Investment Bank Group. It supports Europe’s SMEs by improving their access to finance through a wide range of selected financial intermediaries. The EIF designs, promotes and implements equity and debt financing instruments targeting SMEs. In this role, EIF fosters EU objectives in support of entrepreneurship, growth, innovation, research and development, the green and digital transitions and employment.
About EuropeanIssuers
EuropeanIssuers is a pan-European organisation representing the interests of publicly quoted companies across Europe to the EU Institutions. We seek capital markets that serve the interests of their end users, including issuers. For more information, please visit www.europeanissuers.eu.
About FESE
The Federation of European Securities Exchanges (FESE) is the unique voice of European exchanges, advocating for fair, transparent and efficient capital markets to support growth and prosperity in Europe. We are committed to financing the economy, ensuring financial stability, and fostering sustainable development. https://www.fese.eu/
For further information, please contact:
EuropeanIssuers: FESE:
Véronique De Hertogh Marián Caro
Membership/Event/Office Manager Communications & Membership Officer
veronique.dehertogh@europeanissuers.eu caro@fese.eu
+32 2 216 92 47 +32 2 551 01 87