SOLVO Biotechnology among the region's fastest growing

22-Nov-2007

The Deloitte Technology Fast 50 Central European annual award honours the fastest growing Central European technology companies, based on percentage revenue growth over a five-year period. The 2007 winners show exceptional performance. The average five-year revenue growth for all companies was 910 percent. A total of eleven Hungarian companies were included on the Technology Fast 50 list. SOLVO Biotechnology took 17th place with a revenue increase of 694 percent. This was not the first acknowledgement of SOLVO's performance. In 2004 SOLVO ranked third among 'Rising Stars' in Deloitte & Touche's Technology Fast 50.

This annual competition is a Deloitte initiative at a regional and global level, which aims to draw attention to fast-growing companies and bring to light companies who are just establishing themselves. Winners of the Technology Fast 50 are eligible for the Deloitte Technology Fast 500 EMEA, which ranks the fastest growing technology companies in Europe, the Middle East and Africa.

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