​Deloitte Romania opens registration for the 24th edition of the Technology Fast 50 Central Europe competition, addressed to all local technology companies, public or private, regardless of size, experiencing accelerated growth. The competition is held simultaneously in 18 countries of Central Europe, namely in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Kosovo, Latvia, Lithuania, North Macedonia, Moldova, Montenegro, Poland, Romania, Serbia, Slovakia and Slovenia and offers both mature and emerging companies a platform through which they can assert their leadership position in their field of activity.

The Deloitte Technology Fast 50 Central Europe is a program that highlights the region’s 50 most dynamic technology companies based on percentage revenue growth over the past four years (2019-2022) and includes companies from all related sectors – communications, environmental technology, fintech, hardware, health and medical sciences, media and entertainment, software.

To qualify for the Fast 50 Central Europe list, companies must meet several financial criteria. Thus, they must have an annual operating income of at least €50,000 in the first three years (2019-2021) and at least €100,000 in 2022, be headquartered in a Central European country and develop or produce patented technologies or possess intellectual property rights to them.

“Each year, the Deloitte Technology Fast 50 honors technology companies for their growth, commitment to innovation and entrepreneurial spirit. We are glad that local companies have been present in this top for many years, either in the main ranking or in special categories, which proves that the startup ecosystem in Romania has reached a certain level of maturity and creativity comparable to that of the Central European market,” said he Andrey Ionescu, partner-coordinatorConsulting and risk management, Deloitte Romania.

Since 2008, more than 40 local startups have been included in the Fast 50 ranking, either among the companies with the highest growth in Central Europe or in special categories such as “Most revolutionary innovation” or “Star of influence”. Among them are UiPatha world leader in the automation of robotic processes, a company awarded in 2017 with the “Most Revolutionary Innovation” award, as well as a travel agency Vola.roawarded the “Highest Growth in Central Europe” in 2011 and has been in the leading position for the following two years in a row.

In 2022 The Wave Studioa local technology company specializing in the development of mobile applications for Android and iOS, occupied #22 on the main “Fast 50” chart.with the growth rate 1.319% of revenues recorded in the period 2018-2021. Also, two technology companies from Romania were recognized among the startups that registered the fastest development in the period 2019-2021. Pentest-Tools.comwhich created a platform based on typical services cloud which can be used to perform penetration tests and vulnerability assessments by occupying 17th place among 25 companies included in the category “Companies worth paying attention to”with The growth rate is 441%.and DRUIDspecializing in the development of intelligent virtual assistants designed for complex processes in busy organizations 19th placewith An increase of 345%.. In addition, three Romanian companies – Hermix, Kinderpedia and Tokinomo – were recognized in the Deloitte Technology Fast 50 competition from Central Europe in the category “Striking Stars”.

Apart from the category “Fast 50”,The competition includes the category “Companies to watch“, which marks recently created startups that do not yet meet the criteria of the main Fast 50 ranking. They must be active for at least three years (founded before December 31, 2019) and have an operating income of at least 10,000 euros in the first year of operation (2020) and at least 30,000 euros in the last year (2022). The competition also includes special recognition, “Striking Stars”which rewards companies whose products or services have a positive impact on society, the environment, diversity or innovation.

Google Cloud is the regional technological partner of the competition for the third year in a row. Special recognition by Google Cloud and Deloitte, “WHAT A TECHNICAL ROCKET MAN!”, is included in the program. The joint teams of Google Cloud and Deloitte will evaluate the technological solutions of startups and reward those with the greatest business potential. To be eligible for the CE Tech Rocketship! category, companies must develop solutions that can be implemented on a large scale and be based in Central Europe. The winners of this category will be selected from among all companies participating in the Technology Fast 50 Central Europe competition in 2023.

Online registration and other information about eligibility criteria is available on the regional Technology Fast 50 website and on the local Deloitte website.

The registration period ends on August 31, 2023. The results of the competition will be announced in November 2023.

Deloitte provides global audit, consulting, legal services, financial management and risk management consulting, tax consulting and other related services to public and private sector clients from various industries. Four out of five Fortune Global 500® companies are Deloitte clients through its global network of member firms operating in more than 150 countries and territories, providing international resources, local insights and best-in-class services to solve complex business challenges. Deloitte’s mission is to create a visible impact on society with the help of more than 450,000 professionals.

Deloitte Romania is one of the largest professional companies in our country and offers in cooperation with Reff & Asociații | Deloitte Legal, audit services, tax consulting, legal services, management and financial consulting, risk management services, service solutions and technology consulting, and other related services provided by more than 3,000 professionals.

To learn more about the global network of member firms, visit www.deloitte.com/ro/despre.