The company, who conducts research and development in nutrasupplements, cosmetics, pharmaceuticals, food and cosmetics, is now one of 110 overall finalists.
The competition looks at businesses from 33 European countries and rewards excellence, best practice and innovation in companies.
Adrian Tripp, CEO of The European Business Awards said: “As one of our Ruban d’Honneur recipients, Giusto Faravelli SpA is an exemplary example of innovation, ethics and financial success.”
Luca Benati, CEO, said “We are extremely proud to reach the Ruban d’Honneur stage of the European Business Awards and to represent Italy. The European Business Awards is widely recognised as the showcase for Europe’s most dynamic companies and we are now looking forward to describing to the judges in more detail how we are achieving business success.”
The company is one of ten finalists in the Customer Focus category and will now go on to the third and final round, facing a panel of judges made up of European business and political leaders, academics and entrepreneurs.
Members of the public can also vote for their favourite company via the website www.businessawardeurope.com.
Winners of the public vote will be announced on 3rd March, 2015.