November 17, 2020 – The Croatian edition of the prestigious EY Entrepreneur of the Year award has been completed. Hrvoje Josip Balen, Mislav Balković, and Tomislav Dominković from the Algebra company were named as the new Croatian EY Entrepreneurs of the year.
As Poduzetnik writes, one of the largest and fastest-growing educational groups in Croatia was chosen from six finalists in a competition of more than 55 candidates from 40 companies. As the winners of the national edition, Algebra will represent Croatia at the world finals in Monte Carlo.
Algebra is a company focused on undergraduate and graduate education, lifelong learning, and corporate education. Also, Algebra prepares high school students for graduation and offers a digital education for primary school students. They are also active in the field of educational consulting and digital publishing. During the 21 years of its existence, more than 120,000 people have completed various types of educational programs in Algebra, and 15,000 students of all ages enroll in various fields and studies each year.
Today, Algebra is the most important educational partner of companies such as Microsoft, Google, Oracle, Cisco, Adobe, Red Hat, Vmware, and many others, and it is also a prominent member of numerous eminent academic initiatives.
“Despite all the hardships that befell us this year, with great energy and desire, we managed to fight back and continue to develop our dream. We come from a sector that is not primarily perceived as entrepreneurial, from the education sector, but we were committed to building a successful system by which we will participate in creating new ideas, added value, and future professionals for the benefit of all of us. Thank you to fellow entrepreneurs for the recognition, which will certainly serve as an additional motivation for us in the days to come,” said Hrvoje Josip Balen from Algebra during the proclamation.
The expert and the independent jury consists of entrepreneurs and investors Nenad Bakić and Saša Cvetojević, together with previous winners Alan Sumina, Đuro Horvat, Marko Pipunić, Mate Rimac, and Silvio Kutić, led by the President of the Management Board of Atlantic Grupa Emil Tedeschi. The winner was chosen according to global criteria which, in addition to financial indicators, focus on entrepreneurial spirit, innovation, personal integrity, and strategic direction.
“Although the circumstances of life and business have changed, what remains unchanged are the values underlying this award and program. These values are positively evidenced by the entrepreneurial news that resonates with the public in recent months, but also over the years. Almost all previous laureates and finalists of the past five years have achieved great results, and they are connected by hard work, knowledge, desire, courage, and the ability to gather outstanding teams. Besides, the desire for constant education and the acquisition of new knowledge is crucial for their success. It is the constant development of new ideas and knowledge that will be the foundation of further success in all areas,” said Emil Tedeschi, President of the Jury, in his introductory speech. Speaking about the importance of the award, he added: “This is a unique award given by entrepreneurs to entrepreneurs, which celebrates entrepreneurship with the message that the best among us are all role models and inspiration.”
Winners Hrvoje Balen and Mislav Balković from Algebra in the company of Berislav Horvat, Saša Cvetojević, Nenad Bakić, Mate Rimac, and Josip Pavlinić at the award ceremony of the prestigious EY Entrepreneur of the Year award / Poduzetnik.biz
Apart from Algebra, the selected group of this year’s finalists, who presented their success stories in Zagreb’s Lauba on Friday, November 13, consisted of Nikica Gabrić from the Svjetlost Clinic, Anita Cvetić Oreščanin, Dražen Oreščanin, and Lidija Karaga from the company Business Intelligence (Poslovna inteligencija), Gordan Lauc from Genos, Stjepan Šafran from Metal Product, and Matt Darko Sertić from Applied Ceramics.
During the opening ceremony for the most successful Croatian entrepreneur, Berislav Horvat, Country Managing Partner at EY Croatia, said:
“This year was specific, it put every individual, including everyone who has dedicated their lives to entrepreneurship and creating new values, numerous unexpected temptations. I am convinced that even in such times, it is entrepreneurs and their innovations, optimism, ability to quickly adapt and find the best solutions that can re-create new values and help the further development of society. Therefore, a big thank you to all entrepreneurs for the extra effort they put into building a better society just when it is most needed.”
Minister of Finance Zdravko Marić pointed out that glorifying entrepreneurial success is extremely important in these unprecedented times and that entrepreneurs have once again shown how important their role is in the development of the economy and society as a whole.
Croatian entrepreneurship has once again shown that it has the strength and potential, and the sixth edition of this most prestigious world award in entrepreneurship presented the most successful and brought additional motivation for business development and perseverance.
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