The Serbian company Factory World Wide, which develops software solutions for domestic and foreign clients, took sixth place in this year’s Deloitte ranking of the fastest growing technology companies in Central Europe (CE Technology Fast 50), with a four-year revenue growth of 3,627 percent. (for the period 2018-2021).
As Deloitte announced today, in the “Rising Companies” category, an international company with a development center in Serbia, Bloxico Software Solutions, which deals with outsourcing and consulting in the blockchain industry, creating in-house solutions as well as blockchain products, took is in ninth place, achieving a three-year revenue growth of 1,152 percent (for the period 2019-2021). diversity, three companies from Serbia were recognized that have a clear ethical dimension in their business model, Factory World Wide, Foxy Voxel and Joberty Technologies.
“I am honored that Deloitte Central Europe recognized Factory as a perspective company by putting us on the list of 50 fast growing companies in Central Europe, as well as ranking us in the ‘Impact stars’ category,” said Factory World Wide owner Nikola Vučinić.
He added that the company developed its business in the United States for the first few years, and for the last three years it has focused on business development in Serbia.
“Today, with 80 employees in Belgrade and almost 20 current projects, we strive for the same goals. We do not plan to stop here, but are in the process of acquiring a large company that is 10 times more numerous than us. The next step for Factory is to expand to the European market”, said Vučinić.
The director of Bloxico Software Solutions, Nenad Tanasković, said that the company is a domestic company with foreign investments and has been providing services based on innovative technology since 2018.
“We operate in the field of application of blockchain technology in the financial, banking and energy sectors, including green energy”, Tanasković said.
Poland had the most participants in this year’s “Fastest 50” list, 17 companies, followed by the Czech Republic with 13. There are seven more countries on the list: Croatia (8), Slovakia (4), Hungary (3), Bulgaria (2) and one each from Lithuania, Romania and Serbia.
Software companies continue to dominate the ranking, with 33 participants, followed by fintech firms (6), hardware companies (5), media and entertainment firms (4), and health and life sciences firms (2).
Despite the dominance of software companies, none of them occupy the top three spots. Fintech companies took first (FTMO) and second (PayPo), and third place was taken by a company from the healthcare field (Multiplex DX).
For the second year in a row, the winner of the competition of the 50 fastest growing technology companies in Central Europe is the FTMO company from the Czech Republic, which created and runs a unique platform for the education of financial market traders, which teaches them appropriate risk management techniques and motivates them to be disciplined in their business.
At the head of the list of emerging companies too young to participate in the Fastest 50 program is DIANA Biotechnologies (DNA-linked Inhibitor ANtibody Assay), a leading highly innovative Czech biotech company that develops products based on cutting-edge research in areas such as molecular diagnostics and discovery of new drugs.
During the pandemic, that company developed one of the world’s most innovative tests for COVID-19 and became the largest Czech manufacturer of PCR tests.
In the first place in the new category “Central European technology rocket” is the company Autenti from Poland, which created and marketed a solution that allows any entrepreneur to sign legally binding documents on the Internet securely, in just one click, 24 hours a day a week, at at home, at work or on the go, Beta writes.
