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Five Slovak companies are among fastest growing ones in CEE

FIVE Slovak companies made it to this year’s Deloitte CE Technology Fast 50 list, which classifies the fastest growing companies in central Europe, Hospodárske Noviny daily reported on October 29.

(Source: Sme)

The five Slovak companies that made the list were the following - BSP Applications (4th place - development of user applications and documents administration), Visibility (17th - online marketing agency), Pixel Federation (29th - development of game apps for mobile phones), CEIT Technical Innovation (31st - research and development of innovative solutions for industry) and Promiseo (32nd - online marketing agency).

Slovakia thus has a great potential in the field of technology, as it has the same number of companies on the list as the Czech Republic and more than Hungary. Slovakia’s performance is gradually improving. In 2013 only two companies made it to the list, in 2014 it was three. The exception is Eset, which has been placed in a separate list of ‘The Big Five’ for 13 consecutive years.

Development in this kind of enterprise and the success of companies in the area of information technology lead to the question of whether they have the potential to change predominantly production-oriented Slovakia.

“I think that these two sectors don’t compete with each other, quite the opposite as they’re complementary,” stated Ivan Lužica from Deloitte, as quoted by the TASR newswire. “A production company that wants to be competitive must follow and use the newest technologies and distribution channels.”

The proof that Slovakia has everything to become a big player in information technology is the IT Valley cluster in Košice, which currently employs 7,000 people and is to employ a further 3,000, the daily wrote. 

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