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Seven Croatian Companies On Deloitte's List Of The 50 Fastest Growing Technology Companies In Central Europe

Seven Croatian companies on Deloitte’s list of the 50 fastest-growing technology companies in Central Europe

In the latest edition of the Deloitte competition of the 50 fastest growing technology companies in Central Europe, the winner was the Czech company FTMO, whose mission is to enable capital raising for trading securities. Companies from 9 countries finished on this year’s top 50 list. The average growth of the company was 2278%, while the highest growth was an incredible 39432%. Companies are ranked based on revenue growth over four years (2017 to 2020).

“The Deloitte Technology Fast 50 Central Europe 2021” is a program that ranks innovative, fast-growing, and young companies from this part of Europe. The program ranks the 50 fastest growing public or private technology companies. Companies must have an operating income in the base year of € 50,000 in 2017, 2018, 2019 and an operating income in the current year (2020) of at least € 100,000.

Seven Croatian companies were placed in this year’s Deloitte competition of the 50 fastest growing technology companies in Central Europe.

Four entered the main category of the 50 fastest growing and three in the category of Stars of the Highest Growth, while three more companies were presented in the category of Stars of Positive Impact. In the main category, Three of them is in 19th place with 1011% growth, Flow and Form is in 32nd place (726%), Async Lab is 33rd with 725% growth, and Reactor Studio is 37th with 684%.

Bazzar.hr (52nd, growth 541%), Udonis (53rd with 536%) and Newton Technologies Adria as the 54th (529% growth) were almost on the main list. At Stars of Highest Growth Brightdock is in 4th place with 2010% growth, HiveTech Ltd. in 12th place (786%), and CircuitMess in 24th place (203%).

In the Star of Positive Influence category, launched last year, Q, Nanobit, and Speck were presented.

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