The award ceremony of the nineteenth year of the competition was held today at the La Fabrika club in Prague, with Deloitte joined by Citibank and Bisnode as partners. The Deloitte Technology Fast 50 ranking compares the growth of participating technology firms over the past four years, this year during the period between 2014 and 2017. Prusa Research’s sales grew by an impressive 17,118%, which is more than double the prior year’s figure. Kiwi.com, the last year’s winner, recorded growth of 14,377%. Having grown by 1,681%, Pilulka Distribuce placed fifth.

Other Czech firms also made it to the top 50, including Proficio Marketing (8th place, 1,228%), StartupJobs.cz (18th place, 605%), INVENTI SOLUTION (23rd place, 534%) and ZOOT (25th place, 513%).

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“Czech firms dominate this year’s rating with unprecedented sovereignty. Kiwi.com did not defend its last year’s victory and was replaced by Prusa Research; however, both firms are growing much faster than the closest competitors and essentially have created their own competition. I am almost certain their results will guarantee top positions for them in the EMEA round of Fast 500,” says Jiří Sauer, Director of Deloitte Technology Fast 50 CE in the Czech Republic.

The Rising Star category, which recognises high-growth companies that are too young to be listed in the Fast 50 main ranking, saw five Czech firms rank in the top ten. Furthermore, GINA Software, a Czech firm developing applications for NGOs, received the Social Impact Award, which is a special award for companies with a significant social impact.

In the Recognition of Excellence category, Deloitte Czech Republic recognised three additional local technology companies – FUNTASTY Digital, STRV and Ackee – which apply technologies to business well. Deloitte’s professional jury recognised the three companies for their contribution to connecting technologies and business, quality of the services provided and their success on the market.

This year’s Deloitte CE Technology Fast 50 saw the participation of 10 countries. Between 2014 and 2017, the average growth rate of the technology companies amounted to a record-breaking 1,290%. Besides the three Czech companies, the Croatian entity Q Software (3,894%) and the Slovak firm Slido (2,971%) made it to the top 5.

For more information and full results of the Deloitte CE Technology Fast 50, please visit www.deloitte.cz/fast50.