OREANDA-NEWS. September 26, 2012. Electronic wiring manufacturer PKC Estonia won top honors at the Entrepreneurship Awards, billed as the country's most prestigious annual business award.

Wireless operator EMT took the title of most competitive company for the second year running.

The competition is funded by the European Social Fund and the winners are picked by the Chamber of Commerce and Industry and the Employers' Confederation.

Entrepreneurship award winners in four sub-categories and the most competitive firms in 13 sub-categories were also announced at the gala on Thursday night.

Enterprise Estonia director Ulari Alamets said the entrepreneurship award was the highest state recognition for private enterprise, with winners typically having toiled for years to make it happen.