4 Romanian companies, in Deloitte Technology Fast 500 EMEA 2012

Cristina Blanaru Business

4 Romanian companies are present in Deloitte Technology Fast 500 EMEA 2012, a ranking of the most dynamic technology companies in the EMEA region. The Romanian companies present in the top are

The annual ranking includes the fastest growing public and private technology, media, telecommunications, life sciences and clean technology companies from 24 countries in the EMEA region (Europe, Middle East and Africa). The top considers FAST 50 rankings around the region, including the Deloitte Central Europe Technology FAST 50, launched last month.

Overall results indicate the strengthening of the Central Europe technology industry within the region: the performance of our Romanian companies, including a place in the first 5, as well as Poland’s entry as a country in the first 10. Competing with mature markets is not easy, but this is a rather unusual industry, with champions rising up all over the world.

Alina Mirea,

Audit Partner Deloitte Romania

The Deloitte Technology Fast 500 is the most objective industry-ranking standard to focus on the technology sector. Entrants to the ranking must have been in business at least five years and have had base-year operating revenues of at least 50,000 Euro and current year operating revenues of at least 800,000 Euro. The leader of the 2012 edition is French-based Criteo, an Internet company that saw an outstanding 202,100% growth in revenues over the last five years.

Top 10 companies Deloitte Technology 500 EMEA 2012

Ranking Company Sector Growth rate 2007 – 2011 Country
1 Criteo Internet 202,100% France
2 ZBD Semiconductor, Componentsand Electronics 17,910% UK
3 Vola.ro Internet 17,323% Romania
4 Belsimpel.nl Telecommunications/ Networking 16,155% UK
5 Elkotek Telecommunications/ Networking 13,880% Turkey
6 Tektronik Software 11,368% Turkey
7 DEEZER Internet 10,455% France
8 ExoClick Internet 9,571% Spain
9 Midsummer AB Greentech 8,109% Turkey
10 SEWAN COMMUNICATIONS Telecommunications/ Networking 7,833% Republic of Ireland

 

Despite global markets uncertainty, the ranking this year shows a significantly increased average 5-year growth rate from 20,401% to 53,474% for the first five ranked companies, and from 1,287% to 1,549% for the overall ranking.

France remains the most represented country for a third consecutive year, followed by the United Kingdom and Sweden. The other places are mostly unchanged from last year, except for Poland, which makes into top ten represented countries on the 9th place, replacing Israel. 

The software sector represents 40% of the overall rankings  (198 companies listed on this year’s Fast 500), followed by the Internet sector – 21%. Next are Telecommunications/ Networking (17%), Semiconductors/ Components/ Electronics (8%), Biotech/ Pharmaceutical/ Medical Equipment (6%), Green Tech (3%), Media/ Entertainment (3%), and Computers/ Peripherals (1%).  Additionally, four of the companies in the top 10 were from the Internet sector and overall the Telecommunications/ Networking sector increased its representation by five, with 85 companies placing in the 2012 rankings.  

The Deloitte Technology Fast 500 EMEA program is the region’s most objective industry-ranking standard to focus on the technology field and is now celebrating its 12th year. The program recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East and Africa during the past five years. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies – large, small, public and private – span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, internet, media and entertainment, life sciences and emerging areas, such as clean technology.