The event recognises excellence and innovation in European enterprise and was held in Rome last week.

Ninety-nine business people and organisations entered, with 10 winners, including Webmart, being recognised as leaders in their field.

The judging panel was made up of academics, politicians, industrialists, entrepreneurs and media commentators drawn from across the 27 EU member states.

Adrian Tripp, chief executive of the European Business Awards, said: "Our winners have shown a combination of entrepreneurial flair and strong growth strategies.  

"This approach has awarded them with an average annual growth of 56%, compared to the contraction experienced by a number of their competitors."