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Birmingham Post
Birmingham Post
Business
Coreena Ford

Two North East tech companies make Europe's fastest growing firm list

Two North East tech businesses have made it onto a list of Europe’s fastest growing firms.

The Financial Times has published the FT-Statista 1000, its sixth annual list of Europe’s fastest-growing companies, which it said demonstrates the changing fortunes of many sectors since the start of the pandemic two years ago.

Research company Statista compiled the list, which highlights firms with the highest compound annual growth rate (CAGR) in revenue between 2017 and 2020. The minimum rate required to make the list was 36.5%, 1% above the lowest requirement needed for last year’s study.

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