Wednesday 24 April 2019

There are more growing companies in the EU

Today, 11% of companies in the EU are fast-growing, which is 6% more than in 2016. Such data are given by the European statistical agency Eurostat.

The richest in fast-growing companies, as before, was the sector of information and communication technologies (almost 17% of companies in this sector are fast-growing).

Most of the fast-growing companies increased in construction (11% more from 2016), mining (11%), transport and research (8% in both areas).

Most notably, the number of such companies grew in Cyprus (where they grew by 57% over 3 years), in Slovenia (by 20%) and in Finland (by 19%).

Companies that have been growing at least 10% annually in the last 3 years (despite the fact that the company initially had at least 10 employees) are considered to be growing rapidly.

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