The 20 Fastest Growing Tech Companies In Central Europe

Europe

Photo: Woodleywonderworks at Flickr

It may not be Silicon Valley, but that doesn’t mean that Central Europe is without its own tech startups. Deloitte has compiled its annual list noting which of these ambitious technological companies is growing the fastest. Basing its ranking on the revenue growth of each company over the last five years, the consultant produced a list of the 50 quickest expanding technology companies in the region. 

We’ve listed the top 20 here for you.

It’s interesting to see where these companies come from. Is it possible that we could soon have a new tech capital of Europe? 

#20 - HAWE S.A.

Country: Poland

Type: Telecoms/Networking. Constructs telecommunication and power networks while offering telecommunication services to corporate customers.

Revenue growth over the last five years: 748 per cent

SOURCE: Deloitte


#19 - Active Vision Kft

Country: Hungary

Type: Internet. Provides online content management systems.

Revenue growth over the last five years: 761 per cent

SOURCE: Deloitte

#18 - Sunrise System Sp. z o.o.

Country: Poland

Type: Internet. specialises in online advertising and search engine optimization.

Revenue growth over the last five years: 864 per cent

SOURCE: Deloitte

#17 - Euro-Tax.pl Sp. z o.o.

Country: Poland

Type: Internet. Uses an e-commerce system to aid expatriated Polish nationals in paying their taxes.

Revenue growth over the last five years: 950 per cent

SOURCE: Deloitte

#16 - Martinus.sk, s.r.o.

Country: Slovakia

Type: Internet. Online book retailer, not disimilar to Amazon.

Revenue growth over the last five years: 967 per cent

SOURCE: Deloitte

#15 - Sygic a.s.

Country: Slovakia

Type: Software. It provides GPS navigation technology to be utilized with smart phones.

Revenue growth over the last five years: 995 per cent

SOURCE: Deloitte

#14 - IAI S.A.

Country: Poland

Type: Internet. Builds e-commerce solutions for retailers.

Revenue growth in the last five years: 1005 per cent

SOURCE: Deloitte

#13 - RAYNET s.r.o.

Country: Czech Republic

Type: Software. Create business information systems for business and management.

Revenue growth over last five years: 1085 per cent

SOURCE: Deloitte

#12 - GEM System a.s.

Country: Czech Republic

Type: Software. Provides magnometers and magnetic sensors for use in earth sciences.

Revenue growth over the last five years: 1130 per cent

SOURCE: Deloitte

#11 - Kentico software s.r.o.

Country: Czech Republic

Type: Software. Helps clients build and manage websites.

Revenue growth in the last five years: 1367 per cent

SOURCE: Deloitte

#10 - Ideo Sp z.o.o.

Country: Poland

Type: Internet. Combines Internet marketing, business and consulting services.

Revenue growth over the last five years: 1423 per cent

SOURCE: Deloitte

#9 - Technitel Polska S.J.

Country: Poland

Type: Telecoms/Netwoking. specialises in fibre optic installations.

Revenue growth over the last five years: 1526 per cent

SOURCE: Deloitte

#8 - Kompan.pl Sp. z o.o.

Country: Poland

Type: Internet. Provides an Internet marketing service that includes providing technological solutions and online advertising.

Revenue growth in the last five years: 1584 per cent

SOURCE: Deloitte

#7 - Datera S.A.

Country: Poland

Type: Telecom/Networking. Provides advanced telecommunication solutions.

Revenue growth in last five years: 2011 per cent

SOURCE: Deloitte

#6 - Teamnet International S.A.

Country: Romania

Type: Software. Builds custom software based on individual client requirements.

Revenue growth in last five years: 2136 per cent

SOURCE: Deloitte

#5 - Inwestycje.pl S.A.

Country: Poland

Type: Internet. Operates an online financial media company.

Revenue growth in the last five years: 2719 per cent

SOURCE: Deloitte

#4 - Netmedia S.A.

Country: Poland

Type: Internet. specialises in e-commerce and information systems.

Revenue growth in the last five years: 3640 per cent

SOURCE: Deloitte

#3 - Internet Shop s.r.o.

Country: Czech Republic

Type: Internet. Online perfume retailer.

Revenue growth in the last five years: 3995 per cent

SOURCE: Deloitte

#2 - LiveSport s.r.o.

Country: Czech Republic

Type: Internet. Provides sports content and programming on the Internet.

Revenue growth in last five years: 5820 per cent

SOURCE: Deloitte

#1 - Vola.ro Student Adventure S.R.L.

Country: Romania

Type: Internet. Allows booking of flights, hotels and holiday packages online.

Revenue growth in last five years: 6219 per cent

SOURCE: Deloitte

Want more? Here are the best European countries to start a business in according to the World Bank >

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