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Borsa Istanbul-listed defence firm Aselsan and the Logo Yazilim (Logo Software) enterprise have received the Big Stars Award from Deloitte Technology Fast 50 Turkey 2019 ranking.
Companies which saw revenues at higher than €50mn in the 2018 financial year were ranked in the Big Stars category based on their revenue growth across the past four years.
Logo Yazilim, established in 1984, increased its consolidated revenues by 24% y/y to Turkish lira (TRY) 268mn and its net income by 9% y/y to TRY57mn in January-September 2019, according to its latest financials.
Deloitte has compiled the Technology Fast 50 Turkey list since 2006. So far, Deloitte has only released the top 10 in its latest Technology Fast 50 Turkey ranking. The remaining 40 firms were simply announced in alphabetical order.
78 TURKEY Country Report OUTLOOK 2020 www.intellinews.com
