Latest News  

Romania ranks second in Deloitte's CE Technology Fast 50 top

Romania ranks 2nd in Deloitte's CE Technology Fast 50 2015 top, after Poland, with ten businesses present in the competition of the most dynamic companies in the field of technology, in terms of revenue growth over a period of four years. Romania registered a significant increase for the third consecutive year, with 29 companies registered (compared to 18 in 2014), of which ten in Fast 50 (compared to six in 2014) and the leader of

2015-11-02 22:33:27

In the context of Romania's economy recording the highest growth in CEE in the first three quarters of the year, eight of the local companies included in Deloitte's Fast 50 ranking are new entries. At the same time, out of two Romanian companies, one is the leader of the Big 5 category, which includes dynamic companies with incomes too high to compete side by side with smaller businesses from the Fast 50 top. Compared to last year, Romania registered an increase in the number of companies from the software sector. Five of the companies included in the top are headquartered in Bucharest, two in Cluj-Napoca, one in Iasi, one in Sibiu, one in Timisoara and one in Baia Mare.

"We are very proud of all the Romanian companies included in the Fast 50 2015 ranking and that Romania registers significant increases from year to year. This confirms the local business environment's competitiveness, and especially the fact that Romanian entrepreneurs' talent has made the difference in the region in recent years," said Alina Mirea, Deloitte Romania Partner and local project manager for Fast 50. "Moreover, we can say that we are already witnessing the emergence of a genuine community of Romanian entrepreneurs, which Deloitte Romania will continue to bring into the spotlight and to support via regular meetings and know-how transfer."

In turn, Ahmed Hassan, Country Managing Partner Deloitte Romania, underlined that the majority of Romanian companies included in Deloitte's CE Technology Fast 50 ranking were set up before the financial crisis and managed to overcome this difficult period. In contrast, most companies in the region included in the ranking were established in 2009.

"The fact that they have grown over these years, having successfully overcome the crisis period, proves that the entrepreneurs have long term vision, and that they came up with innovative, high-impact solutions in difficult times. Vision and innovation represent values which Deloitte shares, therefore we will continue to support companies in their beginnings, in order to help Romania's entrepreneurial environment confirm its remarkable potential," said Ahmed Hassan, Country Managing Partner Deloitte Romania.

With an increase of 998%, Bucharest's ZebraPay ranks 6th in the regional top, the best position occupied by a Romanian company in the ranking. Present for the second consecutive year in the top, ITNT from Sibiu, the local Fast 50 leader in 2014, continued its growth, with a 933% increase (compared to 1,433% registered last year). Insoft Development & Consulting is also among the stars of this year's edition, as it is present in two categories: 1st place in the Big 5 ranking, and 15th place in the Fast 50 category. A new entry in the top, the company registered a 577% increase.

Teamnet International SA maintains a spot among the Big 5 companies, moving down a position compared to last year (4th place compared to 3rd place in 2014), with a growth rate of 127%.

ASTINVEST ranks 13th (with a growth rate of 705%), followed by Insoft Development & Consulting, on the 15th place (577% growth). Piconet ranks 21st (486% growth), while Geskimo ranks 42nd (419% growth).

The average development rate for the Fast 50 companies in the technology field decreased to 560% from 698% in 2014. Despite the increase in average development rates reported in 2014, there is a continuous decrease from the peak value achieved in 2012, of 1,026%. This year's ranking includes companies from nine countries: Poland (12 companies), Romania (10 companies), Croatia (8 companies), the Czech Republic and Slovakia (5 companies each), Hungary (4 companies), Bulgaria, Lithuania and Serbia (2 companies each). Of the 50 companies, 38 are included for the first time, 3 went up in the ranking, while 8 went down. The top is once again dominated by software companies (29), followed by media companies (14), hardware companies (4) and telecommunications companies (3).

0 COMMENTS ^ Go back to Top
WRITE A COMMENT ^ Go back to Top
Your email address will not be published.
Validation Code
Deloitte: Executives are optimistic about Industry 4.0 but lack confidence in their organizations' influence and preparedness

Senior business executives and government agency leaders from around the world lack confidence in their organizations' readiness to influence and harness the opportunities offered by the Fourth Industrial Revol

 Read Full article »
Deloitte study reveals Romania's young talents look for organizations in which they matter

Only 15.6 per cent of Romanian millennials think that university graduates in the country are well prepared for professional work. However, 75 per cent of the Romanian students wish to continue their education

 Read Full article »
DB Global Technology kicks off the third edition of DB Tech School

DB Global Technology, the technology center of Deutsche Bank in Bucharest, is preparing for the third edition of DB Tech School, a training program for Java specialists, the company announced.

 Read Full article »
Atos joins global cybersecurity initiative Charter of Trust

Atos, along Enel and AES Corporation joined Charter of Trust, a global cybersecurity initiative. The announcement has been made during this year's 2018 CERAWeek conference in Houston.

 Read Full article »
Luxoft appoints Bogdan Pelinescu as Managing Director for Central Europe

Luxoft Holding, global IT service provider, today announced that starting from March 1, 2018 Bogdan Pelinescu will become its Managing Director for Central Europe.

 Read Full article »
NTT Data Romania leases 2.800 sqm in the third building of Openville Timisoara

The Iulius Company and NTT Data Romania, one of the top providers of software solutions and in Romania, signed a lease agreement for premises in the third class A office building currently pending development i

 Read Full article »
CTP operates five of the Top 10 industrial buildings with BREEAM in-Use certification

The company CTP is continuing its efforts to support permanent, sustainable development and is continuously building top-of-the-line spaces, which are presented with various noteworthy awards. It currently owns

 Read Full article »
The Romanian Unicorn: UiPath raises around 120 mln dollars investment for software robots for internal business tasks

TechCrunch has learned that Romanian RPA developer UiPath, a startup that builds ‘software robots' for enterprises to help automate legacy and back-office functions, has raised a Series B round of funding th

 Read Full article »
ABSL Cluj-Napoca Business Mixer 2018: Transformations, innovations and continuous improvements in the BPO space

ABSL organized the 3rd edition of Cluj-Napoca Business Mixer on February 27. More than 70 people coming from over 30 companies were present at the event, eager to learn more about the transformations, innova

 Read Full article »
National Statistics Institute: The weight of innovative enterprises scaled down 2.6 per cent between 2014 and 2016

Innovation in Romanian enterprises dropped in the period 2014-2016 compared to the period 2012-2014, according to the provisional results of the statistical survey on innovation in industry and services. Large

 Read Full article »
» Molson Coors started to grow its busin...
» Romania, Europe's third and world's 13...
» Saxo Bank analysis: Romania, the ideal...
» Committed to growth
» New customer contact centre opens at B...
» Why AFI Tech Park is the best value fo...
» Genpact's COO: Staying ahead of the cu...
» Oracle reaches 4,200 employees and pla...
» LeasePlan to open service center in Bu...
SAP's ten prediction for HR in 2018

The beginning of each year comes with the leaders' prediction in different interest fields. When it comes to human capital management (HCM), most predictions tend to be variations of the same things, accordin

 Read Full article »
Accenture: Company culture is key to unlocking gender equality and narrowing pay gap

New research from Accenture has identified 40 workplace factors that create a culture of equality – including 14 factors that matter the most. The research, published today in the company's "Getting to Equal

 Read Full article »
Romanian Outsourcing & Shared Services Summit at its fourth edition on March 22

OUTSOURCING TODAY, the integrated communication platform of the business services sector, presents the Fourth Edition of Romanian Outsourcing & Shared Services Summit on March 22nd at Hilton Hotel, Bucharest. T

 Read Full article »
Romanian employers forecast the most subdued hiring pace since Q1 of 2016

The Q2 of 2018 hiring perspectives are positive, but trend moderately weaker both quarter-over-quarter and year-over-year

 Read Full article »
IT&C companies are the first for renting new office space

The IT&C sector ranks first in the top of fields renting new office space in 2017, study of ESOP I Corfac International consulting company says.

 Read Full article »
Latest News  
about us | newsletter | contact | members area
Copyright © 2015 by Diplomat Media Events Design by Diplomat Media Events