Sygic’s CEO Michal Stencl among the best entrepreneurs of the world according to Ernst & Young

June 22, 2010

WEOY_Stencl_solo_award_medium_4672445873_8d0d4cd39cDuring the first weekend of June 2010, the best entrepreneurs from over 50 countries gathered in Monte Carlo for the finals of World Entrepreneur of the Year 2010, a prestigious title awarded by Ernst & Young. One of them was Sygic's CEO Michal Stencl, Ernst & Young Entrepreneur Of The Year 2010 in Slovakia. 

From June 3 – 6, 2010, the world's best entrepreneurs gathered at the Ernst & Young World Entrepreneur Of The Year (WEOY) award in Monte Carlo, Monaco. The title went to Michael Spencer, Group CEO of the UK's ICAP. Spencer was picked from among the more than 50 country finalists vying for the title, each of whom had already been named the Ernst & Young Entrepreneur Of The Year in their home countries. The main areas for the panel of judges to decide for the winner in each country as well as in the world finals were entrepreneurial spirit, financial performance, strategic direction, global impact, innovation as well as personal integrity, influence and social responsibility.

Slovakia's finalist at the WEOY was Michal Stencl, CEO of Sygic. Although the winner could be only one, Michal Stencl as well as all other finalists received a personalized trophy of the event and were inducted into the World Entrepreneur of the Year Hall of Fame. „I am truly honored and happy to be here. Attending the WEOY event in Monte Carlo has been a fantastic experience which exceeded my expectations in every way. It is recognition not only of me as an entrepreneur, but also that what Sygic and we do is sufficiently well regarded for me to be able to represent Slovakia on the world stage. It is also a great opportunity to meet and speak to outstanding people from all kinds of industries and different parts of world.“ said Michal Stencl during the event. Being 31 years old, he was by far the youngest of the finalists. In this regard it is a pity that there is only one chance in life time to enter this contest, as Michal has still got a great deal of a road ahead in business, paved with his devotion and visions.

The Ernst & Young Entrepreneur of the Year is a global programme which identifies, acclaims and supports entrepreneurs. This year marks the 10th anniversary of the WEOY award.


WEOY 2010 finalists                                                                             



Michal Stencl with the WEOY trophy



WEOY Hall of Fame 2010   



WEOY Hall of Fame from previous years



Winner of the WEOY 2010 Michael Spencer, ICAP, UK 



Michal Stencl, Entrepreneur Of The Year in Slovakia

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Media contact: Anna Hurbanic, PR Manager,

About Sygic

logo_Sygic_whiteSygic develops, markets and sells innovative, location-based products and turn-by-turn voice-guided GPS navigation software. Sygic Mobile Maps applications are present across more than 200 types of devices and operating systems such as the iPhone, Symbian, Maemo, Android, Windows Mobile, Windows CE, Windows XP/Vista and Linux. The revolutionary Sygic Aura has just got live at iPhone and it will be launched on further platforms in short time. Sygic's GPS/LBS software is delivered worldwide in English, Spanish, Chinese, Arabic, Russian, Italian, and 20 other languages.
Sygic works with map industry leaders for supreme mapping support through all regions of the globe and it cooperates strongly with leading PND, phone and PMP manufactures globally to bring the latest technology to markets everywhere.

Sygic and the Sygic logo are registered trademarks of Sygic


About Entrepreneur Of The Year

Ernst & Young Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement.

As the first and only truly global award of its kind, Ernst & Young Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 144,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.