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Family businesses are the backbone of resilient and sustainable economies. Through these awards, we celebrate the people and stories shaping the future of family entrepreneurship across the Baltics.
As a second-generation family-owned business with more than 30 years of experience, LIONPRO has grown from a regional enterprise into a trusted global partner in animal feed, pet food, and aquaculture ingredients. Built on a foundation of reliability, precision, and fairness, the company has successfully expanded its international reach while staying true to its family values.
Their journey demonstrates how sustainable growth is achieved through long-term thinking, trusted partnerships, and an unwavering commitment to quality. LIONPRO’s success story is an inspiring example of how family businesses can scale internationally while preserving the values that define them.

Over the past two decades, Staticus has established itself as a trusted partner in delivering complex façade solutions for some of the most ambitious construction projects worldwide. Through continuous investment in research and development, advanced technologies, and process innovation, the company consistently pushes the boundaries of what is possible in modern construction.
Innovation at Staticus goes hand in hand with sustainability. By integrating life-cycle thinking into product design, production, logistics, and maintenance, the company demonstrates how transformation can create lasting value for clients, partners, and society alike.

As one of Latvia’s leading wood industry groups, STIGA RM has built its success on sustainable forestry, innovation, and long-term investment in people and communities. Bringing together six companies under one family-owned brand, the group continues to modernize its operations while creating quality jobs and supporting regional development.
What truly sets STIGA RM apart is its commitment to giving back. As proud supporters of cultural, sports, and charitable initiatives, they consistently invest part of their success into strengthening society and contributing to Latvia’s future.

For more than 70 years, Biržų Duona has been preserving the rich traditions of bread baking while continuously evolving to meet the needs of modern consumers. Rooted in the values of family, craftsmanship, and authenticity, the company has built a brand that successfully connects heritage with innovation.
Since becoming a family-owned business in 2001, Biržų Duona has demonstrated how a strong story, consistent values, and dedication to quality can create lasting trust across generations. Their journey is a powerful example of how family businesses can honour tradition while building a distinctive and award-winning brand.

Founded in 1991, OptiPro has grown into one of Estonia’s leading family-owned optical businesses, serving customers all over Estonia. Today, the company proudly involves its third generation of family members, including the CEO, demonstrating how continuity, expertise, and shared values can drive long-term success.
What makes OptiPro particularly inspiring is its ability to combine generational continuity with professional excellence. Under the leadership of the CEO - an optometrist by training and an active board member of the Estonian Optometrists Society - the company continues to strengthen its expertise while remaining true to its founding values. At the same time, the management board brings together representatives of the first and second generations, reflecting a strong commitment to collaboration across generations. Through continuous investment in specialist knowledge, innovation, and personalized customer care, OptiPro continues to evolve while staying true to its founding mission: helping people see the world more clearly.
The successful engagement of the next generation is one of the defining challenges and opportunities for family businesses. OptiPro exemplifies how thoughtful leadership transition, combined with the active involvement of multiple generations, can strengthen a company’s future while preserving the values that have shaped its journey.


A special award by Signet Bank
As part of the initial screening process, all companies with €2M+ in 2024 revenues ( more than 20,000) were evaluated based on their financial performance in 2024, with particular emphasis placed on three-year revenue growth and return on assets (ROA) to identify businesses demonstrating sustained development and operational strength.
In addition to financial criteria, eligibility required evidence of active family-business involvement, including at least two family members participating in company ownership and/or serving on the board.
Out of 1200 longlisted companies, qualitative criteria were applied to select the shortlisted nominees in each category.
This year, five different award categories have been established, with five nominees in each category. In total, there are 20 companies from all three Baltic countries

Recognizes businesses that have successfully modernized through innovation, digital transformation, new products, improved operations, or major changes to their business model. Companies are evaluated based on clear evidence of meaningful transformation, market impact, and sustained modernization efforts rather than size or reputation alone.
Honors companies that effectively communicate their family-business story and promote the value of family entrepreneurship through branding, media presence, and public engagement. Selection focuses on the authenticity, visibility, and consistency of the family narrative across public communications and community influence.
Celebrates businesses that make meaningful contributions to society through philanthropy, social responsibility, environmental initiatives, volunteering, or long-term support for local communities. Companies are selected based on the scale, consistency, and measurable impact of their community engagement efforts.
Recognizes companies that demonstrate outstanding business expansion through revenue growth, internationalization, workforce development, market entry, or strategic scaling. We look for strong and sustained growth supported by credible evidence of business momentum and successful expansion.
Highlights exceptional leadership by younger-generation family members who are shaping the future of the business through strategic direction, modernization, or succession leadership. Selection is based on demonstrated leadership impact, visible responsibility within the company, and contribution to long-term business development.

A special award by Signet Bank





The winners of BFFI Champion Awards were announced and celebrated at the BFFI Annual Conference, taking place on June 16, 2026 in Tallinn, Estonia.
This year, the awards were presented in five categories: Innovation & Transformation, Brand & Storytelling, Community Impact, Growth Story, and Next Generation Leadership. One winner was selected in each category, while all five nominees were recognised.
In addition, Signet Bank presented a special award — Distinguished Family Business of the Year 2026.
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