*alt_site_homepage_image*
en
lt

TWO LITHUANIAN COMPANIES RANKED AMONG DELOITTE’S TECHNOLOGY FAST 50

October 26, 2011, Deloitte, Invest Lithuania
 
Lithuanian integrated language service provider SYNERGIUM and metal processing, water management and renewable energy company ARGINTA have been listed among Central and Southeastern European fastest growing innovative enterprises.
SYNERGIUM, which specializes in translation and localization services covering main technical industries, such as automotive, environmental, EU, financial, IT, legal, marketing, medical, and pharmaceutical, is ranked 25th, and ARGINTA, celebrating its 20th anniversary, is 47th in Deloitte’s annually prepared Fast 50 ranking of fastest growing businesses.
The Technology Fast 50 ranks the fastest-growing technology companies based on their revenue growth over a five-year period. For the 2011 ranking, revenues from 2006 to 2010 were analysed. SYNERGIUM’s revenue jumped by 582 percent, and ARGINTA’s revenue grew by 297 percent over the period.
The Romanian airline ticket retailer “Vola.ru” has become the fastest growing technology company, with a revenue growth of 6,219 percent over the past five years. This year’s ranking involves companies from eight countries, including Lithuania, Bulgaria, the Czech Republic, Hungary, Poland, Romania, Serbia and Slovakia. Poland has the highest representation in the ranking (20 companies), followed by the Czech Republic (9 companies), Hungary and Romania (6 companies each).