Real recognition and appreciation of women’s business success do not yet fully align with their excellent results, which we see as an important task of the Top Women Business Montenegro initiative, said Ljiljana Burzan-Nikolić, Executive Director of BI Communication and initiator of the TWBM project, at the TWBM Award ceremony where were presented the best Montenegrin companies managed or owned by women, as part of the Top Women Business Montenegro 2023 recognition. Burzan-Nikolić is proud that the initiative actively and persistently contributes to positive changes in empowering, expanding, and enhancing the visibility of women’s business potential.

“We acknowledge the most successful representatives of the Montenegrin women’s business network. By ‘most successful’, we mean those with achieved results that we have measured and want to highlight. Measuring results is a crucial aspect in the business world. It allows us to clearly see where we are now, where we are going, and what we can improve. But when it comes to women’s business, measuring results has a broader significance. Promoting the business achievements of women with credibility is essential. They are role models who demonstrate that society relies on those who nurture true values, ethics, and dedicated work, making it very important for us to speak loudly about them”, she emphasized.

Ivana Bošković, Director of the Retail Banking Sector at NLB Bank, stated that the Top Women Business Montenegro initiative is evidence that female entrepreneurship is rapidly developing, with women becoming more daring in creating their visions, relying on their strengths and abilities.

“We are pleased to be the general sponsor of such a project for the second consecutive year because this is our way of contributing to the region in which we operate, as well as to women’s entrepreneurship in Montenegro. More and more companies are founded by women. Not only do they establish them, but they also lead them. We will award recognition to the best Montenegrin women-led companies and, hopefully, encourage and empower all women to follow their beliefs and start businesses that will strengthen and motivate them to be even better,” Bošković added.

S Maximo Logistika was recognized as the most successful micro-enterprise managed by women. The TWBM 2023 Award was presented to the Executive Director, Simona Rajković, by Nina Drakić, President of the Chamber of Commerce of Montenegro.

D Way was acknowledged as the most successful small enterprise managed by women. The award was presented to the Executive Director, Dragana Đerić, by Velizar Kaluđerović, President of the Board of Directors of the Investment and Development Fund of Montenegro.

The award for the most successful medium-sized enterprise managed by women went to Farmegra. Instead of the Executive Director, Branislava Raičević, Jelena Mitrevski received the award, presented by Marija Šuković, Head of the Secretariat of the Council for Competitiveness.

SAMMS was recognized as the most successful medium-sized enterprise owned by women, and Anja Radonjić, its owner, received the award from Mirjana Mijušković, last year’s winner and Executive Director of Glosarij.

BTA Travel Agency from Budva was named the most successful micro-enterprise. Ivana Bošković, Director of the Retail Banking Sector at NLB Bank, presented the TWBM 2023 award to Jasminka Čerimagić, the Executive Director of the Agency.

The TWBM award for business achievements is presented by BI Communication based on rankings conducted by the business information provider BI Consulting. Rankings were carried out using international definitions of women’s businesses MEST IWA 34 based on financial reports for the year 2022. The TWBM 2023 awards ceremony was organized at CKZ “Ribnica” in Podgorica.