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Ten Hungarians among fastest growing CE tech companies

Ten Hungarian companies are ranked among this year's fastest growing technology companies in Central Europe, according to Deloitte's latest annual "Technology Fast 50" program, which awarded companies in 10 CE countries based on their percentage of revenue growth over a five-year period.

Technology Fast 50 winners experienced average revenue growth of 967%, an increase from the 933% average growth among ranked companies in 2009 and the third highest since the program started.

Of the ten Hungarian companies that made it onto the list, IT solutions company Viala Kft ranked highest in 9th place. Other Hungarian IT businesses among the top 50 were RacioNet Zrt, Active Vision Kft, AITIA Zrt and NET Média Zrt. In terms of location, Budapest has the highest number of companies that were honored. (BBJ)