Teamnet, one of the leading IT&C integrator in the region, ranked fourth in the Big 5 category within the 2015 edition of the Deloitte Technology Fast 50 Central Europe. The report includes the fastest growing technology companies at regional level, the hierarchy being made based on the evolution of revenues earned by these entities during the 2011-2014 period.
Teamnet stood out through an accelerated and sustained business growth in recent years and is one of the largest companies in the Deloitte top in 2015, with a revenue growth rate of 127% between 2011 and 2014, according to the analysis conducted for this ranking. The group’s strategy was based on launching complex products and solutions meant to contribute to technological development at regional level. Also, Teamnet constantly invested in developing its key competencies – Cloud, Robotics, GIS and SCADA – thus supporting public and private organizations to increase their competitiveness in Central and Eastern Europe, Middle East and North Africa.
“Our presence for the eighth consecutive year in the renowned Deloitte top honours us, thus confirming both the efforts and the results achieved by our team. We have made significant steps towards transformation into a regional group, continuing at the same pace with ambitious goals and plans for the next period. In 2016, we will particularly focus our efforts on the development of the group at international level, with the objectives of strengthening our position in the existing locations and the opening of new offices.”
Bogdan Padiu
CEO Teamnet Group
Teamnet Group invests 10% of the annual turnover in large research and development projects, such as those in the field of smart cities, industrial robotics, NFC technology or emergency management at European level. Each project implemented means a new step towards increasing the efficiency of organizations in the region and improving services delivered to the population.
Deloitte Technology Fast 50 annually ranks the fastest growing technology companies in the region, based on annual revenue growth rate over the past four years, with an average of 560% in 2014. Big 5 category recognizes the development of large-sized businesses in the region, with at least 25 million euro turnover and registering significant growth rates in their size, this year the winners being companies in Romania, Lithuania, Slovakia and Slovenia.
Romania ranks second in the Deloitte Technology Fast 50 Central Europe 2015 top, after Poland, registering significant growth rates for the third consecutive year. A total of 29 companies from Romania participated this year in the regional competition, 61% more than the previous year, of which ten entered the rankings compared to six companies in 2014.
Original source: Teamnet
