You're reading: 20 Ukraine-based companies make it on list of Europe’s fastest-growing private firms

Twenty Ukrainian companies are included a prestigious list of the 5,000 fastest-growing companies in Europe, called The 2016 Inc. 5000.

This is a remarkable improvement from last year, when no Ukraine-based companies made the ranking.

The updated list was published on the website of the U.S. monthly publication focused on growing companies on March 1. The Inc. magazine assessed companies’ net revenue, counted their growth percentage for the last three years, and presented the leaders.

The very first company in the list is Spanish logistics and transportation company MP VAT Services SL. Its annual revenue is 60.7 million euros that demonstrates company’s 11,974 percent annual growth.

Ukrainian IT company Clickky made it on the list of top 20 with 1,498 percent of growth during the last years, and was ranked 11.

Among others Imperiya Agro that has 509 percent of growth, Dominik 777 has 343 percent, Nova Poshta – 231 percent.

The ten of them ranked higher than others are in the following table:

The full list of companies is available here.

The Inc. 5000 is an extension of the Inc. 500, an annual list of the fastest-growing private companies in the U.S. introduced in 1982, which ranks the country’s top 5000 fastest-growing private companies in Europe. The extended European list was published for the first time last year.

Kyiv Post staff writer Denys Krasnikov can be reached at [email protected]. The Kyiv Post’s IT coverage is sponsored by Ciklum, Steltec Capital, 1World Online and SoftServe. The content is independent of the donors.