Young Entrepreneur of the Year is Kristo Klementi
During the Best Estonian Companies’ award ceremony the title of Young Entrepreneur of the Year given by the Estonian Chamber of Commerce and Industry and LHV was awarded to Kristo Klementi, a 32-year-old entrepreneur who is the owner and CEO of OÜ Revismo.
This year, the competition for the title was fierce due to the fact that the winner was decided among the top three nominees only by a few points. The nominees of the Young Entrepreneur of the Year award were Kristo Klementi (Revismo OÜ), Arti Kütt (Cleveron AS) and Tõnis Voitka (KrattWorks OÜ).
“Kristo and his team have achieved impressive success with Revismo, strengthening Estonian economy through growing exports by expanding the range of customers to several international markets. Their dedication has resulted in the Gazelle company title for several consecutive years, which means an extraordinary achievement in business,” said Mait Palts, director general of the Estonian Chamber of Commerce and Industry, adding that it is important to support young people, because this will further encourage other young entrepreneurs who are just starting their journey.
Indrek Nuume, head of corporate banking of LHV said: “The Young Entrepreneur of this year has been developing his company for already 10 years, which means that he started entrepreneurship when he was still in the university, and the area of activity of the company he founded is related to what he was studying at the university. The advantages of our companies are mostly related to the fact that we are able to capitalise what we study and the experiences we gain. As a bank, we continue to support youthful energy that is brave enough to take risks and we root for the emergence of new success stories.”
The Young Entrepreneur of 2023 is Kristo Klementi, a 32-year-old CEO of Revismo OÜ. The company focuses on professional engineering services, product development and promotion of innovation in developing and designing metal products and equipment.
One of the main contributions of Revismo OÜ to Estonian economy is commitment to export growth. The team of 15 qualified engineers has successfully completed over 550 product development projects. The customer base includes companies not only from Estonia, but also from Finland, Sweden, Norway, Denmark and Germany. While offering high quality engineering solutions to their international customers, they help to strengthen Estonia’s position as a reliable and innovative partner on the world market.
In 2022, Revismo OÜ was recognised as a Gazelle company for the third consecutive year. Gazelle companies are companies that have increased their turnover and revenue by more than 50% over a three-year period. Only 1% of Estonian companies are among the Gazelles. As of 2018, the company’s exports made up ca 57% of the company’s total turnover, in 2022, it was already ca 70%. The turnover for 2022 exceeded 1.2 million.
The jury of the Young Entrepreneur of the Year award consisted of Mait Palts, director general of the Estonian Chamber of Commerce and industry, Indrek Nuume, head of corporate banking of LHV, Kaspar Oja, economic advisor to the President of the Republic of Estonia, Anne Samlik, CEO of Estravel and Kristjan Lind, winner of last year’s Young Entrepreneur Award Eesti, Bikeep OÜ.
The 5000-euro prize given by LHV bank was awarded for the eighth time. The competition is organised by the Estonian Chamber of Commerce and Industry and LHV, the initiative is supported by President Alar Karis.