Romania ranks third in the Deloitte CE Technology Fast 50, 2014 with 6 companies in the competition of the most dynamic companies in the technological field, based on the increase of incomes over 2009-2013, says actmedia.eu.Four of the companies in the classification are new , but the average increase registered by Romanian companies in the top is 589%. Five companies are software developers, and one is an internet company. Two of them are based in Bucharest, two in Cluj Napoca, one in Baia MAre and one in Sibiu. These companies are proof of the fact that innovation and talent can made the difference even on a very difficult market like the one of recent years, said at a conference the local manager of the Fast 50 project and Deloitte Romania partner, Alina Mirea.
With an income advance of 1,433%, the ITNT company of Sibiu ranks 4th in the regional classification, the best position held by a Romanian firm present in the top.
Teamnet International Bucharest is in the top the 7th year in a row in two categories? 3rd place in Big 5 category which includes dynamic companies too large to compete with small firms from Fast 50 category and 34th position in the Fast 50 category with a growth of 424%.
Softintelligence Bucharest ranked 27th (with an increase rate of 459%) followed by Life is Hard Cluj Napoca (453%, 28th), Fortech Cluj Napoca (403%, 37th) and Trencadis Baia Mare (362% 42nd).
The average increase among companies in Fast 50 went up to 698% from 671% in 2013, a lot under the average of 1,026% recorded in 2012.
Ten countries contributed to Fast 50 this year- Poland (17), Hungary (10), Romania (6), Croatia (4), Czech Republic, Lithuania and Slovakia (3 each), Serbia (2), Bulgaria and Estonia (1 each).
26 of the 50 companies climbed in the top for the first time while 14 went down.
This year the top is dominated by software companies (26) followed by internet companies (12) and telecommunications/ networking ones (6).
The report includes at the same time opinion polls made among general managers of companies running for a place in the Deloitte classification, which shows that innovation (20%0 is the biggest management challenge they are faced with.
Access to specialised labor force (28%) and general economic climate (20.6%) are the biggest threats the company managers are faced with.More than half of managers (54.7%) anticipate an organic development while 39.1% expect international enlargement.
As for company incomes, 33.8% of respondents estimate an increase varying between 26 and 50% in 2014 and 52.3% have in plan to increase expenses with research and development in future years.
In order to be eligible for the Fast 50 classification, companies must have annual incomes of at least 50,000 euro every year between 2009 and 2013, at least 5 years of activity, should be based in a Central European country and should develop or produce licensed technologies or make substantial investments in research and development and have a shareholding structure excluding subsidies held mostly by strategic entities.
