Hungarian Tech Firms Among the Fastest Developing

This year, three Hungarian companies have been added to the Deloitte Technology Fast 500 EMEA list, which ranks the fastest growing technology companies in Europe, the Middle East and Africa.

This year’s list includes winning companies from 22 countries with an average growth rate of 1,258 percent in 2019 after 969 percent in 2018, a statement by Deloitte Hungary says.

Among the Hungarian companies, Dyntell Hungary Ltd. from Debrecen achieved the highest position with 42nd place. The sales of the company, which develops corporate governance and business intelligence systems, reached HUF 1.2 billion last year, which is more than a 25-fold increase in four years. According to the announcement, Managing Director Péter Salga expects that the company may become a global software supplier after further significant market expansion.

Supercharge Ltd. from Budapest took the 274th place with a 485% increase. The company also has its own office in London, and thanks to its mobile applications, its customers include OTP, Santander Bank and Deutsche Telekom.

MiniCRM Co. Ltd., which is ranked 429th, has achieved 226% growth since 2015. The company has already entered the markets of several foreign countries with its cloud-based business application, which facilitates the work of company executives.