This year, Accedia became part of Financial Times’s prestigious annual ranking, The FT 1000: Europe’s Fastest Growing Companies, which recognizes companies with the highest revenue growth for the period 2014-2017. The ranking acknowledges the top performing and rapidly progressing innovators, that have managed to successfully differentiate and increase their revenues exponentially.
Accedia is the highest-ranked out of 7 Bulgarian companies on the list, occupying the 448th place. The company achieved a staggering 3-year revenue growth of 388% with €4.5M revenue in 2017. To enter the list, businesses were required to have a minimum average growth rate of 37.7%, with Accedia making the cut at almost double the rate – 69.6%. As a testament to the company’s advancement, Accedia celebrated significant milestones during these 3 eventful years. Among them were the company’s 5th birthday, the various local and international awards and the successful launch of its Innovation Development Center. 2017 was the highlight of this period as Accedia’s business and team doubled in size. To accommodate such expansion, the company opened its first US office in Palo Alto, CA.
The full ranking will be published in FT’s newspaper on 25th March, as part of a special report, providing detailed analysis of the rankings’ composition, as well as discussing how exactly was growth encouraged and realized. In the meantime, stay tuned for more news from us.