Szczecin companies in Deloitte’s Technology Fast 50

Technology Fast 50 rates the fastest-growing technology companies in Central Europe based on percentage growth in revenue over the years 2006-2010. Winners come across IT, digital and biotech sectors and in 2006 their revenue totalled 50 thousand euro or more.
IAI SA runs an e-platform for Internet shops, IAI-Shop.com, which is used by over 1.5 thousand of e-shops. Over the past five years its revenues increased elevenfold. In 2010 its revenues totalled PLN 3.16 million. BTS specializes in hardware, software licensing, print and IT security audits. Its turnover increased by 615 percent.

“This award means a lot to us. We have been ranked very high among some great companies. This is also very good news for our NewConnect investors. “It shows that our growth compared to other – not only Polish companies – is very fast, and our work and investments are productive,” says Paweł Fornalski, CEO of IAI S.A., who collected the award in Warsaw on 17 October. “Over the past five years, which have not been easy for the Polish market, we grew by 1008 percent. Now, despite being bigger than before, we want our growth to be even more dynamic. We keep marketing new services and products and we believe that combined with our existing projects it will give us further, even faster, increase in revenues. We have also started a large project co-financed by the EU to develop modern services and products in the nearest future. All this ensures years of fast growth.

For IAI S.A. the award is important for marketing reasons. The company is just launching IAI-Shop.com in international markets.
“The fact that we are a public company quoted on NewConnect and now this confirmation of our growth by Deloitte, a global company, is an added value during our talks with clients abroad,” says Paweł Fornalski.

SG