Financial Times positions once again BULPROS among Europe’s Fastest Growing Companies
For the third year in a row, BULPROS is named one of the fastest growing companies in Europe in the prestigious Financial Times' annual FT1000 listing.
The FT 1000, compiled with Statista, recognizes innovative and fast-growing businesses that are the driving force of the economy of the 21st century. The ranking lists the European companies that have achieved the highest compound annual growth rate in revenue between 2014 and 2017.
BULPROS is recognized as one of the FT1000 companies for the third consecutive year, with an average growth rate of 69.5% and an absolute revenue growth of 387% between the years 2014 and 2017. The company has increased its revenues to €31 m in 2017, within only 7 years after its foundation in 2010. In the last two years, BULPROS was the one and only FT1000 finalist from Bulgaria, with an average growth rate of 70% in 2018 and an average growth rate of 90% in 2017.
“To be listed in the prestigious Financial Times’ ranking for the third year in a row is not just a coincidence. It is a clear evidence of the company’s strong growth focus, sustainable development and global expertise in empowering businesses worldwide in their Digital journey with innovative solutions, services and products. Over the last several years, we have grown to a team of more than 1200 experts and have expanded to 19 locations in Europe and North America. Besides focusing on both continents, our strategic plans for the future include international expansion on new markets such as Asia” comments BULPROS CEO, Ivaylo Slavov.
In 2019, the hurdle to securing a place in the FT1000 was a little higher than in the previous year: the bottom-ranked company achieved a growth rate of 37.7 %, compared with 34.6 % in 2018. The FT 1000 continues to be dominated by the technology sector, which accounts for 149 of the businesses, and that is without counting the fintech and ecommerce categories. The listing evaluated 1000 different companies in 27 European countries from 37 different industry sectors.
The third annual list of Europe’s fastest-growing companies, FT 1000, is available online.