Seven Hungarian companies have made it to this year’s prestigious Financial Times (FT) list of the fastest-growing companies in Europe. A1 Solar, a provider of photovoltaic systems, secured 12th place on the FT1000 list.
The data analytics company DA TAPAO ranked 210th, the digital consulting firm Sprintform came in at 342nd. The container developer Continest reached 428th, while the construction company Lakógép placed 450th. Hiflylabs, a provider of business intelligence solutions, was ranked 923rd, and the server vendor Maraelite placed 963rd.
The ranking is based on annual growth rates from 2020 to 2023 and was compiled in collaboration with the German data research institute Statista. More than three-quarters of the listed companies come from Italy, Germany, France, and the UK. The list is topped by the Polish energy company Menlo Electric, which increased its profit from nearly EUR 187,000 to over EUR 15 million within three years.