Croatian companies dominate Deloitte's EMEA Fast 500

Deloitte published its list of the 500 fastest-growing technology companies in the EMEA region - Europe, the Middle East and Africa, featuring 12 companies from Croatia, CE Report quotes HINA.

The 12 companies from Croatia on the EMEA Technology Fast 500 list for 2024 comprise the already recognised winners from the previously held Central Europe Fast 50 competition - Stemi, Devōt Solutions, B.I.D. Group, and Aircash - as well as Identyum, Monri Payments, Lumen Spei, Orqa, Unitfly, Utiliter, Brain Information Technologies, and Thespian.

Stemi, the highest-ranked Croatian company, secured 130th place with a growth rate of 1,227%. Stemi develops an educational platform offering programmes and workshops for pupils, teachers and university students.

Next is Devōt Solutions in 187th place with a growth rate of 960%. The company specialises in software development and digital solutions, with a particular focus on innovative healthtech solutions.

B.I.D. Group is ranked 196th, with a growth rate of 934%, having developed a multilingual CMS platform and an integrated booking engine used for reservations in hotels and travel agencies.

Aircash, a fintech company specialising in money transfer services, is in 215th place with a growth of 860%, while Identyum, a regtech startup offering a platform for digital business transformation, ranks 254th with a growth rate of 764%.

Monri Payments, a provider of omnichannel payment services, is ranked 259th with 740% growth, and Lumen Spei, a consultancy for digital transformation focused on fintech solutions and software design, holds 276th place with 677% growth.

Orqa, known for the development and production of first-person view and remote reality technology devices, is in 344th place with a 528% growth rate. Unitfly, which specialises in document, information, and business process management solutions, is ranked 459th with 391% growth, while Utiliter, a company focused on developing advanced and specialised software solutions, is in 467th place with 384% growth.

Brain Information Technologies, which develops customised solutions in the fintech and medtech industries, ranks 484th with 365% growth, and Thespian, a full-cycle software development company focused on digital solutions for business optimisation, is in 489th place with 362% growth.

The average growth rate among all 500 ranked companies was 1,585%, with the green tech sector recording the highest growth at 3,121%. It was followed by the hardware sector with 2,748% growth and the health and biotech sector with 1,747%. Notably, 178 companies achieved growth rates exceeding 1,000%.