|  2017-05-17

A New Edition of Deloitte Technology Fast 50 Competition Kicks Off

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In 2016, four Romanian companies were present in the Fast 50 ranking and one company was included in the Big 5 ranking.


Fast 50

To qualify in the main Fast 50 ranking, companies have to meet the following criteria:


•              Annual revenues of at least €50,000 in each year between 2013 and 2016

•              Headquarters in a Central European country

•              Active  in the following fields: hardware, software, communications, media, life sciences (biotech), clean technologies

•              Develops or owns proprietary technology that contributes to a significant portion of the company's operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to research and development of technology Using another company’s technology in a unique way does not qualify

•              Ownership structure excludes majority-owned subsidiaries of strategic entities


Winners are selected based on ranking eligible registrants by revenue growth over a four-year period from 2013 to 2016.


Rising Stars

In the ‘Rising Stars’ category, Deloitte ranks ‘young’ companies that show great potential but are too young to meet the minimum of four years in operation criteria for the main category. Eligible companies must be in operation at least three years and have to exceed revenues of €30,000 in each of the last three years (2014 – 2016). Otherwise, the same criteria apply as for the main Fast 50 ranking.


Big 5

The ‘Big 5’ category ranks large fast-growing companies that have achieved extraordinary growth in the previous four years. To be eligible, companies must meet the same criteria as the main Fast 50 ranking with the exception of annual revenue in the final measured year (2016), which must exceed €25 million for this category.


Most Disruptive Innovation Award

The newest addition to the Program is a special award for the ‘Most Disruptive Innovation’ which recognizes a company that develops a unique and innovative product or provides services that have a revolutionary impact on the market. Only one winner will be selected based on an assessment by an independent jury.


Online registration and eligibility criteria are available on the regional Technology Fast 50 website at Eligible registrants will join automatically the competition known as the Deloitte EMEA Technology Fast 500. Registration for this year’s ranking will close on 31 July 2017. Final rankings will be announced in October 2017.

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