ADEO WEB was recognized as the 33rd fastest growing company in Central Europe in the Technology Deloitte Fast 50 list in 2017. Our continuous teamwork and clear focus has lead ADEO WEB to success and to a 427% revenue growth.
Every year different sized companies from Central Europe apply for a Deloitte Fast 50 ranking – a program that recognizes and profiles fast growing companies in the region. This year applicants for this rating came from 11 countries and most of the winning companies (39 out of 50) are in the fields of IT & Digital Solutions.
Winners were selected by ranking their revenue growth over four years from 2013 through 2016. The average revenue growth of 2017 Fast 50 companies exceeds 1000% which shows the incredible business growth in Central Europe.
This year 6 companies from Lithuania including ADEO WEB were selected and recognized as the fastest growing companies in Central Europe. Lithuanian company Deeper reached 2nd place in the Fast 50 list and it is the first time that a Lithuanian company made it to the top 3. In addition to ADEO WEB and Deeper, four more companies were recognized in this list: TeleSoftas, Invenis, TV Žaidimai and Good One.
ADEO WEB is ranked in Deloitte Fast 50 for the first time. CEO Paulius Nagys expressed his thoughts about the recognition:
“I believe that the team is the most important factor for a successful business. All results come from every team member’s contribution, dedication, and ability to work with others. We bring value to every solution we provide – the creation of that value is acknowledged not only by our clients and partners but also by our team. What really matters is how much value we can create in a finite amount of time.
Every form of recognition we receive is a victory for each and every member of the ADEO WEB team. Being recognized in the Deloitte Fast 50 means a lot to us. As our business is a business built around recommendations, we see this as a critical enabler for us to take our next steps and become an even more successful company.
For me, success is when I’m happy and everyone around me is happy too. Our plans for the future are to be recognized in the Chicago Fast 50, and our long-term vision is to be the happiest company.“
You can read the full Technology Deloitte Fast 50 report here.