MBP Group Selected as a Red Herring Top 100 Europe Company

MBP Group announced today, 30 May 2011, that it has been selected as a Winner of Red Herring's Top 100 Europe award, a prestigious list honoring the year’s most promising private technology ventures from the European business region.

“Since our start in Neuchâtel in 2004 we have seen a satisfying growth of our company,” said David Magnussen, founder and CEO of MBP Group. “Our by-product collection services for food, pharma and oleochemical industries are conceptually unique and has together with our employees and our biofuel production technology been the basis of our growth. We are proud that our results have been recoqnised by Red Herring.”
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Europe to the Top 100 Winners. We believe MBP Group embodies the vision, drive and innovation that define a successful entrepreneurial venture. MBP Group should be proud of its accomplishment, as the competition was very strong.”
Red Herring’s Top 100 Europe list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.