The Winners of the European Small and Mid-Cap Awards 2025

 

The winners were announced during a special ceremony in Copenhagen, Denmark on 11th of November 2025

For the press release revealing the winners, see here.

Star smallRising Star

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Nordrest is a pure foodservice company focused on natural guest flows and contract-based meal solutions. Founded in 2014 by CEO Thomas Dahlstedt, the company has systematically built its position as one of Sweden's largest private foodservice providers, operating more than 200 units across 11 regions serving essential sectors including Defence, Corporate, Schools, Campus, Healthcare & Elderly Care, and Travel.

Nordrest is listed on Nasdaq Sweden

Star smallInternational Star

Aiforia logo

Next Geosolutions is an international provider of marine geoscience services and offshore construction support, which operates mainly in the energy sector, with a particular focus on renewable energy and sustainability in all its forms.

Founded at the end of 2014, the NextGeo Group carries out marine surveys (so-called geophysical and geotechnical surveys), as well as other offshore construction support activities, both in the national and international markets, for companies operating in the sectors of submarine power cables (Interconnector), offshore renewable energy (offshore wind farms) and Oil & Gas. With expertise in seabed survey operations, an asset-light model, a solid track record in executed projects and a key recurring client base,  NextGeo is well positioned to capitalize on the growth in the renewable energy sector.

Next Geosolutions is listed on Euronext Milan

Star smallStar of Innovation

 

THEON INTERNATIONAL is a European company engaged in the development and manufacture of customizable night vision and thermal imaging systems for military and security application. Its product range includes night and thermal vision devices, as well as sensors for movement detection.

THEON INTERNATIONAL is listed on Euronext Amsterdam

Star smallStar of Sustainability

 

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I.CO.P. is an underground engineering company active nationally and internationally in the fields of special foundations, microtunnelling and maritime works, founded in 1920 by the Petrucco family. First benefit company in the sector, I.CO.P. operates in the United States through its subsidiary AGH and directly in major European markets,supporting high-profile clients – with whom it maintainslong-term relationships – in highly complex projects related to the development of critical infrastructures (e.g. subways in Paris, Copenhagen,etc.) and the strengthening of energy and water transport networks (e.g. gas pipelines, aqueducts). The group is based in Basiliano (UD) and employs approximately 760 people worldwide.

I.CO.P. is listed on Euronext Milan

Star smallStar of 2025

 

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Nordrest is a pure foodservice company focused on natural guest flows and contract-based meal solutions. Founded in 2014 by CEO Thomas Dahlstedt, the company has systematically built its position as one of Sweden's largest private foodservice providers, operating more than 200 units across 11 regions serving essential sectors including Defence, Corporate, Schools, Campus, Healthcare & Elderly Care, and Travel.

Nordrest is listed on Nasdaq Sweden

Star smallSpecial Mention

Quota Lombardia
https://europeansmallandmidcapawards.eu/docs/view/6911be7cdeabc-en

Quota Lombardia is a programme designed to facilitate the entry of local SMEs onto stock exchanges. This measure supports SMEs based in Lombardy that have already begun, or are preparing for a process of capitalisation through listing on multilateral trading facilities. Covering the three-year period from 2025 to 2027, Quota Lombardia offers a grant that covers 50% of the eligible costs incurred for listing, up to a maximum of €600,000. This financial support is made possible through a combination of European, national and regional funds. This project offers concrete support to address some difficulties SMEs may face in accessing markets, such as the costs and complexities associated with listing on a stock exchange. Moreover, it strengthens the competitiveness of local enterprises on national and international markets and it encourages innovation and modernisation.




Quota Lombardia was nominated by Euronext Milan

 

The runners-up

The runners-up were the following:

Category ‘Rising Star’

Category ‘International Star’

Category ‘Star of Innovation’

Category ‘Star of Sustainability’