BGF Business Tournament - Results 2006

(On the picture the World Champion team "NetAReal" from Nokia: from upper left-hand corner Pekka Säynätjoki, Anna Ryden, Stefan Nymander and Istvan Kello)

RANKING:

1) Nokia (Finland), Team Leader Pekka Säynätjoki
2) Philips (Spain), Team Leader Juan Carlos Aguilera
3) StoraEnso (Finland), Team Leader Anu Silvennoinen
4) Ericsson (Germany), Team Leader Markus Feld
5) Vattenfall Europe (Germany), Team Leader Wolfgang Hechler
6) Sun Microsystems (Spain), Team Leader Cristina Aparicio

Novemver 28, 2006 -- Nokia Networks from Finland has won the BGF Tournament 2006 beating over 500 competing teams in the process. This is the third time that a team from Nokia has won the tournament with participants from sixty five countries.

The BGF World Final was fierce as usual, as the teams ending up as finalists tend to be extremely talented , disciplined and competitive. The World Final was played via internet, just as the preliminary heats and the semifinals.

The second best team was from Philips Spain. The Philips team was playing smart leading the competition until the last round before the Nokia team took the lead and the victory. The third best team from StoraEnso Finland was showing steady performance during the whole final, securing their place in the BGF Awards, a luxurious reward trip for the top three teams in the tournament. The BGF Awards ceremony is held next March-April on the French Riviera.

(On the picture the second best team "Spainet" from Philips: from upper left hand corner Juan Carlos Aguilera, Fernando Boraou, José Ramón Córcoles, Ana Solano and Susana Sebrango )

BGF BUSINESS TOURNAMENT

- The biggest web based business tournament in the world.
- Tournament structure: winners of the Preliminary Heats proceed to the Semifinals, and the winners of the Semifinals further to the World Final.
- The program builds strategic excellence, management board dynamics, ability for financial analysis and fact based decision making and precise follow up.
- The business game is done in a team of 3 to 5 participants who all will be acting in a management board of a global company with the task of running the business successfully for 5 fiscal year.
- The winning criteria is total company shareholder value.
- Hundreds of companies and organizations participated in the preliminary heats in the 2006 tournament representing more than 65 countries.
- The preliminary heats are organized depending on customer circumstances and wishes, either as an open tournament or as an in-house tournament.
- The three best teams of the year will be invited to the BGF Awards, organized in Cannes, on the French Riviera.
- The tournaments are available in English, Spanish and Finnish

On the picture Stora Enso's winning team "Chu Ban Zhi" on their way to Cannes to the BGF Awards in the spring. In the picture from the left: Anu Silvennoinen, Harri Taipale, Sanna Sorsa and Krista Forsström. Toni Tahvanainen is not in the picture.

BUSINESS GAME FACTORY

- Founded in January 2003
- World leader in web based business tournaments
- Over 30000 participants from more than 65 countries
- Local representation in 10 countries
- Chairman of the board Mr. Henrik Ekelund (President and CEO of BTS Group), other members of the board Mr. Taavi Thiel (CEO of Business Game Factory) and Mr. Stefan Widomski (SVP Nokia international trade affairs until 2006, now retired)
- http://www.bgfactory.com/

More information regarding the tournament:

Taavi Thiel
Business Game Factory Ltd.
taavi.thiel@bgfactory.com