the report for fast growing companies for the past five years in the technology sector
the Bulgarians companies and their positions in the report:
Ranking table: ‘Technology Fast 50’ category:
Rank Company Country Website Sector Growth
5 Telerik Corp. Bulgaria www.telerik.com Software 2,327%
6 Investor.BG AD Bulgaria www.ibg.bg Internet 2,130%
20 UNIVERSAL K Ltd. Bulgaria www.universal-k.com Telecommunications/Networking 664%
34 Interconsult Bulgaria OOD Bulgaria www.icb.bg Software 447%
Criteria:
• have annual revenue of at least EUR 50,000 in each of the last five years (2004-2008);
• be in business a minimum of 5 years;
• have an ownership structure that excludes majority owned subsidiaries of strategic entities; and
• have their headquarters in Central Europe.
After meeting these criteria, companies are ranked
according to revenue percentage growth, this is done by
comparing the base revenue of the fi rst out of the last
fi ve years (2004) and revenue of the last year (2008).
Ranking table: ‘Rising Stars’ category
Rank Company Country Website Sector Growth
9 HAND Ltd. Bulgaria www.sonicad.biz Software 315%
‘Rising Stars‘ category
This Technology Fast 50 category recognises ‘young’
technology companies that are quickly growing.
‘Rising Stars’ companies have to meet the same criteria
necessary for the Technology Fast 50 with the exception
of revenue, which must have exceeded EUR 30,000
each year for the past three years (2006-2008).
Additionally companies cannot be in business less
than three years and no longer than fi ve years.
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Sunday, 15 November 2009
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