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A further six companies hailed from Lithu- ania, compared to just one each from the other two Baltic States. Second ranked overall was Lithuanian Deeper, a producer of intel- ligent devices, which welcomed the news on its Facebook page, saying “As our CEO Aure- lijus Liubinas told Deloitte, “we have a motto at Deeper: “Dream Big” ... and our success comes from having a strong team that buys into this approach.” Thanks to all the team and our customers for helping us achieve this!”
Elsewhere in the region, there were five com- panies from Czech and three from Romania, while Bulgaria, Hungary and Slovakia were each the birthplace of two fast growing tech companies. Bosnia & Herzegovina’s sole entry, Mostar-based NSoft, remained within the top 10 on the ranking for the second year, though it fell slightly from fifth to seventh place.
While all the companies originated within the CEE region, Zielińska points out that many have expanded outside the region. “I find it remark- able that around half of companies in this year’s ranking already develop their operations or ex- plore entrance possibilities in countries outside Central Europe,” she said. “The export of tech- nology is an optimistic prognostic for the region.”
In addition to the Fast 50 ranking Deloitte also issued a Most Disruptive Innovation award for the second year running, to recognise a com- pany it considers will be one of the technology leaders of tomorrow with the greatest poten- tial for revolutionising their markets. This year, Deloitte picked Serbia-based heating and ven- tilation technology business DADANCO Europe, with a special mention for Bucharest-based robotic process automation vendor UiPath.
As the ranking was published, many of the se- lected companies took to social media to wel- come their inclusion.
“We're proud to tell you that Kiwi.com has been ranked the fastest-growing technology company in Central Europe,” Kiwi.com greeted the news of its top position.
“#1 in Poland; #4 in Central Europe; Enough said,” wrote Polish software development company Tooploox on its Facebook page, while Lithuania’s Tiny Lab Kids enthused “Happy
to be part of Technology Fast 50 Central Eu- rope”, and another Lithuanian entrant, digital marketing agency Good one, attributed its in- clusion to the “marketing-oriented approach” that it considers to be its main driving force.
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