RecicladOR – First Place and Excellence Award in the 2024 Bucharest Company Rankings
Present for seven years on the domestic packaging recycling transfer market, the company RecicladʹOR is also this year in First Place in the Bucharest Company Rankings. At the same time, the company received the Excellence Award for being in the top three positions of the Bucharest Company Rankings for five consecutive years. For over 30 years, the Bucharest Chamber of Commerce and Industry (CCIB) has been organizing the Bucharest Company Rankings, which include leading companies from the Bucharest business environment.
RecicladOR – First Place in the 2024 Bucharest Company Rankings
RecicladOR entered the packaging responsibility transfer market seven years ago with the acquisition of the operating license as a Producer Responsibility Organization (PRO) that places packaged products on the national market, providing the entire chain of integrated waste management services, in accordance with EU norms and national legislation in force.
Currently, RecicladOR has a portfolio of over 1,000 partner companies, a total of over 1.5 million tons of packaging waste for which it has taken responsibility, and over 230 CSR campaigns with national impact.
The results of the RecicladʹOR company are recognized and appreciated this year as well, occupying First Place in the Bucharest Company Rankings in the corresponding field of activity and size class, respectively for the municipality. Moreover, RecicladʹOR received the Excellence Award at the 31st edition of the Bucharest Company Rankings organized by the Bucharest Chamber of Commerce and Industry (CCIB) for being in the top three positions of the Bucharest Company Rankings for five consecutive years.
Bucharest Company Rankings – 31st Edition
The Bucharest Company Rankings are compiled annually by the Bucharest Chamber of Commerce and Industry (CCIB). The laureates of the rankings – the only event of this type accredited according to Law 335/2007 – were established according to a complex and rigorous methodology, applied uniformly at the chamber level, which takes into account quantitative and qualitative indicators. In determining the final rankings, indicators such as net turnover, operating profit, operating profit rate, efficiency of human resources utilization, and efficiency of capital employed were taken into account, calculated based on 16 elements extracted from the financial statements filed by companies with the Ministry of Public Finance and the National Trade Register Office.
According to the top methodology, out of the 169,495 companies headquartered in Bucharest that filed their 2023 balance sheets, 65,677 companies (38.7%) met the eligibility criteria. Of these, CCIB awarded 7,417 companies.
Regarding the structure by field of activity, the most awarded companies by CCIB operate in the services sector (2,590 companies, 34.9% of the total), followed by companies in the trade sector (2,012 companies, 27.1% of the total) and those with an industrial profile (1,501 companies, 20.2% of the total).
In order to achieve the most objective ranking possible, within each group, companies were awarded in five size classes: very large, large, medium, small, and micro-enterprises.
The qualified companies were awarded in seven fields of activity: services, trade, industry, construction, research-development and high-tech, tourism, agriculture, forestry, and fishing, and within each field, in five size classes: very large, large, medium, small, and micro-enterprises. This year, CCIB awarded, according to the top methodology, 483 companies operating in construction, i.e. 6.5% of the total laureate companies. In the ranking compiled by the Bucharest Chamber, a share of 5.6% goes to the field of research, development and high-tech (respectively 412 awarded entities), 3.3% to tourism (247 laureate firms), and 2.3% to agriculture, forestry and fishing (172 companies).
Alongside managers of the most performing companies in the Capital, prominent personalities from the economic space, representatives of the Government, representatives of the local administration, and representatives of some non-governmental organizations were invited to the Award Galas.
RecicladOR SA, 7 Years of Excellence
From its establishment until now, RecicladOR SA has taken responsibility for the recycling and recovery of over 1.5 million tons of packaging introduced on the market by its partners.
Today, RecicladOR’s portfolio includes over 1,000 companies, manufacturers and importers from various fields of activity, the pharmaceutical industry, FMCG, key-account, electronics and electrical appliances, the cosmetics industry, as well as large retail chains, for which it has taken responsibility for packaging recycling. Year after year, RecicladOR’s objectives have consisted in successfully fulfilling the legal recycling and recovery targets for all partners, maintaining firm partnerships nationwide throughout the supply chain (collectors, sorters, recyclers), developing and implementing consumer education and information programs, and continuously transparenting data flows and financial information.
Currently, Reciklad`OR offers the most comprehensive and high-performance portfolio of services in this segment of activity, such as: technical and legislative consulting in packaging management, specialized collection services, data reporting support services to the Environmental Fund Administration, thematic workshops, customized campaigns, and specialized training for employees and end-consumers.
Starting January 2025, Reciklad`OR will launch two essential services, aimed at addressing the emerging needs of companies. The first service will focus on a detailed analysis of the requirements of the Packaging and Packaging Waste Regulation (PPWR), evaluating its impact on existing packaging solutions and business models. The second service will address the requirements of the CSRD Directive, aiming to clarify their applicability and support the reporting process of companies. This initiative reflects the company’s commitment to supporting partners in compliance with legislative regulations and promoting sustainable practices.
