- Outsourcing News
- Outsourcing Press-Releases
- Outsourcing Events
- Outsourcing Analytics
Fortech Ranked Number 285 Fastest Growing Technology Company on the Deloitte Technology Fast 500 EMEA 2010. Attributes its 629 Percent Revenue Growth due to the development of reliable partnerships with clients from Western Europe and USA, especially on the German market.
Cluj-Napoca, Romania, 26 November 2010 – Fortech today announced that it ranked number 285 on the Deloitte Technology Fast 500 EMEA 2010, a ranking of the 500 fastest growing technology companies in EMEA. Rankings are based on percentage revenue growth over five years.
Fortech grew 629 percent during this period.
Fortech’s managing director, Calin Vaduva, attributes the 629 Percent Revenue Growth of the company over the past five years to the development of reliable partnerships with clients from Western Europe and USA, especially from the German market. He said, that „Fortech successed in establishing itself on the global market due to the high quality of the services offered by its team. The main ideea has always been and is the development and consolidation based on solid foundations. We never grew only for the sake of growing, but we always followed a healthy growth: step by step, develompent and consolidation. We will follow this development strategy, monitoring constantly the relationship with our clients, their needs, as well as tendencies of the market.”
“Making the Deloitte Technology Fast 500 is commendable in today’s highly competitive technology industry,” said David Halstead, Deloitte United Kingdom, partner in charge of the Deloitte Technology Fast 500 EMEA programme. “We congratulate Fortech on being one of the 500 fastest growing technology companies in the region.”
“Fortech has proved itself to be one of the fastest growing tech companies in Europe, the Middle East and Africa, and we are proud to honour them as one of the 2010 Technology Fast 500,” said David Halstead, Deloitte United Kingdom and partner in charge of the Deloitte Technology Fast 500 EMEA programme.
In addition to ranking in the Deloitte Technology Fast 500, Fortech ranked 19 in the Central Europe Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Central Europe.
Deloitte Technology Fast 500 EMEA selection and qualificationsThe Technology Fast 500 list is compiled from the Deloitte EMEA Technology Fast 50 programmes, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had base-year operating revenues of at least 50,000Ђ and current-year operating revenues of at least 800,000Ђ.