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
Smartree: Software development field interests Romanians living abroad

Romanians abroad wishing to return to the country could be attracted by the IT domain, and more precisely the software development branch, according to a study conducted by Smartree.

 Read Full article »
Norwegian software developer leases 4.200 sqm in Iulius' Unites Business Center 3

Iulius Company and Visma Software, a Norwegian developer of business management software solutions, have signed a lease agreement for office premises within the United Business Center 3 (UBC 3) office building

 Read Full article »
Oracle hires 1000 sales representatives to boost cloud services in EMEA

Oracle announced 1000 new jobs in Europe, Middle East and Africa. Under the Change Happens Here banner, the company is hunting for the next generation of ambitious, driven, digitally savvy Sales Representative

 Read Full article »
Academy Plus programming school opens at Bucharest with 120 available places

ACADEMY+PLUS, the free of charge programming school launched three years ago at Cluj in partnership with École 42 in Paris, opens also at Bucharest with 120 available places to those who want to learn programm

 Read Full article »
AI to drive GDP gains of 15.7 trillion dollars with productivity, personalisation improvements

Global GDP will be 14% higher in 2030 as a result of AI – the equivalent of an additional 15.7 trillion US dollars, a recent research report of PwC states. This makes it the biggest commercial opportunity in

 Read Full article »
TotalSoft appoints Adina Gurgu as Chief Technology Officer

TotalSoft, one of the leading ERP and financial solutions providers internationally, announces the appointment of Adina Gurgu as Chief Technology Officer (CTO), who will be starting August responsible with spea

 Read Full article »
Czech ALEF Group acquires local company and enters Romanian market

Czech IT systems and equipment supplier ALEF Group announced it had acquired Romanian peer company Likeit Solution for an undisclosed sum.

 Read Full article »
3Pillar Global expands with third development center in Romania

US-based IT services provider 3Pillar Global will open the third development center in Romania this August, in Iasi, to be locatedin Moldova Business Center.

 Read Full article »
DB Global Technology reaches 800 people, 150 people joined this year

B Global Technology, Deutsche Bank's technology center in Bucharest, has reached the 800 staff milestone, with over 150 people joining the team in 2017.

 Read Full article »
Regional operations centers give Romania's real estate market a boost

With a 4.8 per cent GDP growth in 2016 and the highest estimated growth rate in 2017 among EU member states, Romania has become an increasingly attractive destination for regional operations centers.

 Read Full article »
 
MOST RECENT VIDEO
 
 
MOST READ ARTICLES
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» EY: Work-life balance has become more ...
» Stefanini officially launches the offi...
» Romania ranks second in Deloitte's CE ...
» Exclusive OT print issue: Genpact may ...
» Bombardier: from Bucharest subway to t...
» Welcome onboard!
» Manpower:Romania has world's third hig...
» Endava and Worldpay to create a center...
» GM to open a call center at Bucharest
 
EDITOR CHOICE
EY: Work-life balance has become more difficult to be managed by one third of full-time employees in 8 large countries

EY's global survey of full-time workers in eight countries finds that one-third say managing work-life has become more difficult, with younger generations and parents hit hardest.

 Read Full article »
Welcome onboard!

By 2020, some 200.000 people are expected to work in business shared services in Romania, doubling the current employment portfolio enrolled in more than 120 companies operating BPO, SSC or ITO services. Howeve

 Read Full article »
Thierry Blain, SG EBS: Bringing teams to the next level

The journey of Societe Generale European Business Services began with the need for a strategic location to sustain and transform European operations of Societe Generale Group. The purpose was, from the early da

 Read Full article »
TELUS International Europe: Issue 3 - Customers First magazine! Strategy and innovation in travel and hospitality

The third issue of our Customers First magazine is now available! The latest edition is all about travel and hospitality, featuring insights from industry experts and top brands like JetBlue, Turo, Joie de Vivr

 Read Full article »
The future is now - Review of Romanian Outsourcing Summit, 2017

Romania delivers services in 25 languages with more than 100,000 specialists employed in the outsourcing industry and business services, and based on an estimated growth of 15-20 per cent, it is estimated to re

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