Zoltán Györkő, CEO of Balabit received the „Emerging Entrepreneur” special award from EY, for being one of the most successful and dynamically growing companies in the Eastern European region.

Balabit was founded in 2000 as a garage company in Budapest, Hungary by Balázs Scheidler, Zoltán Györkő, and two business “angel” financial investors. Today Balabit – headquartered in Luxembourg – is a European IT security innovator, specializing in log management and advanced monitoring technologies.

It has sales offices in France, Germany, Hungary, Russia, the United Kingdom and the United States and partners in 40+ countries. Its main development centers are located in Hungary. Balabit has customers all over the world including 23 Fortune 100 companies.

The company is widely-known for syslog-ng™, its open source log management solution, used by more than a million companies worldwide. This significant user base has provided a solid foundation for the company’s expansion which has been fueled by Shell Control Box™, a pioneering development for the rapidly-growing privileged activity monitoring market.

Balabit is one of the fastest growing companies in Central Europe. Based on the previous five years of continuous and dynamic business growth, Balabit was named to the Deloitte Technology Fast 500 EMEA List and for the fourth time in five years, the company also earned a place on the Deloitte Fast 50 CE List (2009, 2010, 2012, 2013).

Balabit raised an $8 million “Series A” round of funding from London based C5 Capital in June 2014 to speed up its development and expansion to the U.K., Nordic and North American markets. As the first result of the investment, by the end of 2014 Balabit announced a new product, Blindspotter TM, a user behavior analytics tool.
For more information, visit www.balabit.com.

Winners of EY Entrepreneur Of The Year Awards in 2014, from left to right:
1. Balázs Rózsa Dr., Femtonics Kft. “Innovator”
2. Zoltán Györkő, Balabit “Emerging Entrepreneur”
3. György Wáberer, Waberer’s International Zrt. “Enterpreneur Of The Year”
4. Sándor Zettwitz, 77 Elektronika Kft. “Master Entrepreneur”

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About the EY Entrepreneur Of The Year™ Program

Recognized as one of the most prestigious business award programs in the country, the EY Entrepreneur Of The Year awards celebrate the country’s most innovative business leaders.

Based on a balanced scorecard awards are given to entrepreneurs who have demonstrated excellence and extraordinary success in such areas as innovation, financial performance, risk and personal commitment to their businesses and communities.

Entrepreneur Of The Year candidates include traditional entrepreneurs who are the founders/leaders of high-growth companies. They also are transformational CEOs who may not have started their company but have been essential to its success. Nominees can be CEOs of public or privately held companies, multi-generational family business leaders or divisional CEOs. The nominee’s company must be at least three years old.

The award winners are selected in a number of industry categories by a panel of independent judges, including previous winners of the award, leading CEOs and private capital investors and other regional business leaders.

For more information, visit: http://www.ey.com/UK/en/About-us/Entrepreneurship