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.
Nickname
Email
Comment
Validation Code
   
 
 
NEWS
CrowdStrike opens a new center of innovation in Bucharest

CrowdStrike Inc., the leader in cloud-delivered endpoint protection, announced the official opening of its new Center of Innovation in the Pipera Technology District, Bucharest, Romania.

 Read Full article »
Romania leads in top of countries with highest number of cybersecurity incidents

Romania is leader in the top of jurisdictions recording the highest number of cybersecurity incidents with 14 attacks, followed by the Czech republic (11) and Hungary (8), according to the study "The Cybersecur

 Read Full article »
Oracle and KPMG study shows data security as priority for business leaders

In August 2018, Oracle applied a questionnaire with a number of questions about transformation technologies to a total of 4,000 respondents in 21 markets. Respondents were top managers in the following markets:

 Read Full article »
Colt Technology Services expands fibre network in four CEE cities

UK-headquartered Colt Technology Services said that it is expanding its IQ fibre network in Bucharest, Zagreb, Belgrade and Sofia as part of its plan for expansion in Central and Eastern Europe (CEE).

 Read Full article »
SAP Romania brings the cloud procurement solution SAP Ariba on local market

SAP Romania, the local subsidiary of the world's largest business software maker, has launched the SAP Ariba Snap program for the domestic market to support the digitization of specific procurement activities.

 Read Full article »
The software industry's input in Romanian economy was 5.4 billion Euro in 2018

According to the latest analysis of KeysFin, 17,000 companies operating in the Romanian software industry generate EUR 5.4 billion in turnover and employ 106,000 people generates 5.4 billion Euro in 2018 in Rom

 Read Full article »
Atos launches construction of global R&D Lab to drive innovation in Quantum Computing

Atos, global leader in digital transformation, officially launches the start of the construction of its new global Research & Development Lab dedicated to research in quantum computing.

 Read Full article »
Softelligence launches its own Academy to form specialists in insurance and banking

Specialized in business software development, Romanian company Softelligence announced it plans to increase its team by 50 per cent in the next two years, by hiring 100 to 150 new colleagues, the company announ

 Read Full article »
Romanian IT group Bittnet issued new bonds were traded on BSE

A new series of corporate bonds issued by Romanian IT group Bittnet Systems was admitted to trading on the main market of the Bucharest Stock Exchange (BVB).

 Read Full article »
Deloitte report: Two billion youth risk of being left behind in the Fourth Industrial Revolution workforce

Almost two billion youth worldwide risk of being left behind in the Fourth Industrial Revolution (Industry 4.0) workforce, which is changing at an increasingly rapid pace as a result of the emerging technologie

 Read Full article »
 
 
MOST READ ARTICLES
» Endava expands its IT team in Republic...
» The most appreciated companies from th...
» Workplaces, keeping up with the times
» CrowdStrike opens a new center of inno...
» Softelligence launches its own Academy...
» Oracle and KPMG study shows data secur...
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» Romania leads in top of countries with...
» Atos and Transilvania University launc...
» Oracle goes to Oregon Park, the buildi...
 
EDITOR CHOICE
How Tech-ready are companies?

Technology has made it easier and faster than ever to prepare, anticipate, implement, and get the job done for everyone, from the simple technology home user to all levels and departments of a corporation. Howe

 Read Full article »
Workplaces, keeping up with the times

For a company, being people-centric is a way of doing business and engaging employees in the company's operations and strategies in a way that provides a positive employment experience before and after the sell

 Read Full article »
Creating a valuable customer experience driven by core values of a company

As HR becomes more and more integrated within the company's long-term strategic business strategies, the digitalization and high-technologies impacting the processes also have to be mirrored at the level of HR

 Read Full article »
Ergonomics in practice - 5 tips for better health at work

Ergonomics is so much more than standing up during the day and sitting correctly. There are so many factors in our environment which also have an effect on our health, and influence our wellbeing at work. The

 Read Full article »
Technology, Mobility and Wellness make for the perfect workplace

The technology binge is pushing ahead the communities, businesses and all aspects related to work and workplaces in such a fast manner that we haven't noticed since the very booming of the office market. And as

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