Out of these, 24 work in telecom, IT services, software and hardware, among them being ITNT, Qualitance, ZebraPay, Quibiz, Fortech or Zitec.

I expected to have more companies from the IT&C domain, taking into consideration this is a very dynamic domain. Probably a part of the companies did not know about this top or they didn’t want to register’ Lucian Todea says, the founder and CEO of the Sibiu company ITNT which owns the software distribution platform soft32.com.

To get into the top of the 5,000 European private companies with the most rapid business growth, a company has to have headquarters in Europe, to be private, independent, oriented to profit and to have generated a minimum income of 200,000 euro in 2011 and two million euro in 2014.

‘As a start-up in the IT and software area, and especially in the area of internet technology, the problem is that in fact you compete with all the profile companies in the world if you don’t have a service or a product destined to the local or regional market’ Lucia Todea says. (source: actmedia.eu)