Romanian companies Trencadis and Mondly have made it to Deloitte’s 2018 Technology Fast 50 Central Europe, in the main category, Technology Fast 50 ranking, respectively in the Rising Stars category. Over 20 Romanian companies entered the competition for this year’s edition of the program that recognizes the most dynamic technology companies in Central Europe, according to RomanianJournal.ro.
The technology company Trencadis, specialized in software solutions for the government and the business environment, is the top-ranked Romanian business, in 13th place in the Fast 50 ranking, with a revenue growth rate of 730%. This is the fourth year that the company enters the ranking. Established in 2007, Trencadis currently operates in Bucharest, Cluj-Napoca, Baia Mare and Oradea, and had a turnover of EUR 5.96 million in 2017, says TransylvaniaToday.ro.
The language-learning company Mondly, which created a platform that uses state-of-the-art technologies such as like chatbots with speech recognition, augmented reality and virtual reality to help people learn languages, has been recognized within the Rising Stars category, which marks younger businesses with minimum three years of activity and revenues of at least €30,000, which are ineligible for the main Fast 50 ranking, but have recorded such strong growth that they are likely to feature in the Fast 50 in years to come. Founded in 2013, Mondly is for the first time in the Fast 50 program and ranked seventh among the ten Rising Stars with a revenue growth rate of 854%.
