Two Serbian technology companies among the fastest growing in Central Europe

The Serbian company Factory World Wide, which develops software solutions for Serbian and foreign clients, was placed on the list of the fastest growing technology companies in Central Europe (CE Technology Fast 50) for the second time, and this year it took 17th place, recording a four-year revenue growth of 1,496% (2019-2022), the consulting and auditing company Deloitte has announced.

In the Emerging Companies category, EM Analytic Solutions, which develops innovative software solutions for business intelligence, took a high 10th place, achieving three-year revenue growth of 469% (2020-2022).

Also, in the Impact Stars category, which recognizes companies that, with their product or service, have a positive impact on one of the following segments: society, business community, innovation, environment and diversity, Factory World Wide was also recognized this year. The company has a clear ethical dimension at the heart of its business model.

- I am proud to share that for the second year in a row we have made the Deloitte Central Europe list, becoming part of the prestigious list of 50 fast-growing companies in Central Europe. This success confirms our commitment to excellence and the quality of our services. We are glad that our hard work and dedicated work are recognized by experts from Deloitte, but what fulfills us the most is the trust we have built with our clients and partners - points out Nikola Vučinić, owner of Factory World Wide.

- We are happy and honored that our company is ranked on the prestigious list of "Companies on the rise''. This nomination confirms our investment in the development of innovative tools based on explainable artificial intelligence and advanced analytics, which create new business value for our clients and improve their productivity and decision-making. We look forward to expanding the sale of our software solutions to other markets and different industries, while constantly adapting to the needs of our clients. We thank Deloitte for their support, and we will do our best to proudly present this recognition - prof. Dr. Milan Nedeljkovic, director of EM Analytic Solutions, has said.

Slobodan Cciric, leader of the CE Technology Fast 50 program in Serbia, is impressed by the quality of this year's participants.

- There are young companies, in all segments of the ranking, that strive to contribute to the creation of a better world for all of us. With all the challenges we are currently facing, it is extremely encouraging to see this level of commitment. I am especially proud that we have the opportunity to recognize and support fast-growing companies from Serbia, which play a key role in innovation and disruptive changes in the market. I am convinced that next year there will be even more companies from Serbia on this prestigious ranking list.


Czech and Polish companies are the most numerous

This also marks the third year of the partnership between Deloitte Central Europe and Google Cloud, and the second year in a row that they jointly award a special CE Tech Rocketship award to the company that has contributed the most to the development of high-quality, scalable solutions that satisfy even the most demanding customers.

This year's winner is the Polish software company Open Loyalty, which has created the world's most flexible loyalty software.

Deloitte & Touche Novi Sad

Factory world wide doo Beograd

EM Analytic Solutions d.o.o. Beograd

Penta Fintec d.o.o. Beograd

Google Cloud

Nikola Vucinic

Milan Nedeljkovic

Slobodan Ciric

CE Technology Fast 50 program

FTMO Czech Republic

Open Loyalty

PayPo

CityZen

the fastest growing companies in Central Europe