Progresstech is included in its fifth year in the Deloitte Technology Fast 500 EMEA Ranking. The company is recorgnized to be the 219th in the 2009 annual Technology Fast 500 EMEA ranking with a growth rate of 776 %.
The Technology Fast 500 EMEA Ranking has been annually compiled since 2002 by Deloitte providing audit, consulting, financial advisory, risk management and tax services to international clients. The ranking is based on the companies’ financial records audited for compliance with the international standards for the last five years. As stipulated by the rank award requirements the companies’ revenue should be equal at least 50,000 ? for 2004 and at least 800,000 ? for 2009.
Included in 2009 ranking are high-tech companies from 26 countries of Europe, Middle East and Africa. Awarded this year are four Russian companies such as satellite telecom operator IPNet (35 ranked with a growth rate of 3883 %), engineering services company Progresstech, customized software developer and IT services exporter Luxoft (283 ranked with a growth rate of 564 %) and software outsourcer Exigen Services (308 ranked with a growth rate of 564 %).
Progresstech has been included in Technology Fast 500 EMEA ranking since 2005, it was 108 ranked with a growth rate of 747 % at the time, and notwithstanding the global crisis affecting, among others, the Russian high-tech market, the company keeps the sustainable growth trends.
The 2009 Technology Fast 500 EMEA ranking was put at the end of November 2009 on the Deloitte website:
http://www.deloitte.co.uk/fast500emea/fast-500-winners/winners-2009/
