A Romanian company included in the Inc.5000 Europe of the America magazine Inc.
Qualitance, a global company for technology set up in Romania in 2007 was included for the second time in the ranking Inc.5000 Europe due to the increase of its income with 165% from 2012 to 2015
The Inc.Magazine designated Qualitance as one of the European private companies with the most rapid growth, including it in its annual list which contains the biggest success companies which developed extremely quickly from 2012 to 2015. The top Inc.5000 Europe represents a complete image of the most dynamic sector of the global economy – the private companies in full growth.
‘The evolution of the company between 2012 and 2015 allowed us to launch at the beginning of last year the innovation business line, which offered us the opportunity that, by applying the model if Qualitance which uses Design Thinking, Rapid Prototyping and state of the art technology from AI to VR, to help companies from Fortune 500 to create products and revolutionary services’ said Radu Constantinescu, Managing Partner Qualitance.
‘As a whole, the Inc.5000 Europe top reminds us that the US does not have monopoly on entrepreneurship. Inventivity, creativity and tenacity do not have limits – surely, not geographic ones’ the president and head editor of Inc. Eric Schurenberg.
In February, the Qualitance was given the trophy for the company of the year by the Employers’Association of the Software industry and services of Romania (ANIS). Similarly, Deloitte Technology Fast 50 Central Europe was also included, a list of companies which produce technology which contributes to the progress of the whole region.
To get into the top of the 5000 private companies with the most rapid economic growth of Europe, a company has to have its headquarters in Europe, to be private, profit oriented and independent and have generated a minimum income in 2012 of 200,000 euro and two million euro in 2015.The sum of the income of the companies in the top got to 90,3 billion euro against 20.7billion in 2012 and their growth rate in three years was 331%.
Set up in 1979, the Inc.magazine is an American publication, the only brand consecrated to owners and managers of private companies in full growth, offering real solutions for those who want to build a business, even from zero. The number of readers of the magazine (print and online) is over 19 million.
Qualitance is a global company of technology and innovation present in Bucharest, San Francisco, Sydney and TelAviv. It was set up in 2007 in Romania by Ioan Iacob and Radu Constantinescu. In 2016 Qualitance acquired the experience design company from San Francisco LaunchPodium.