Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

One Slovak tech firm makes CEE list

ONLY one Slovak company made it onto a ranking of the 50 fastest-growing technology companies in central Europe drawn up by accountancy firm Deloitte.

ONLY one Slovak company made it onto a ranking of the 50 fastest-growing technology companies in central Europe drawn up by accountancy firm Deloitte.

The Slovakia-based company Sygic ranked 27th, with growth in revenues of 526 percent over the past five years, the TASR newswire reported. The firm makes navigation systems for mobile phones.

“It was definitely also thanks to the fact that since the very beginning our product has been ready for various platforms, and thus we were able to supply various markets and sectors faster than our competitors,” said Michal Štencl, the general director of Sygic, as quoted by TASR.

The highest-ranking company this year was the Romanian internet flight ticket seller Vola.ro. The revenues of the company grew by 17,323 percent over the past five years. The Czech sports website LiveSport ranked second, with overall growth amounting to 2,441 percent, while the Polish software company i3D ranked third with a 2,254-percent growth rate.

Top stories

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness

Foreign rocket engines for North Korea: Why?

For Russia, the path to a weakened China could be through a major nuclear accident in North Korea.