Vasco recognised in prestigious Financial Times ranking

Vasco in Financial Times Ranking
5 November 2024
3 min read

Vasco, the market leader in artificial intelligence-based electronic translators, has been recognised in the prestigious ranking of Europe’s Long-Term Growth Champions 2025, compiled by the Financial Times and research firm Statista. The recognition highlights Vasco Electronics’ dynamic development and its ability to grow in the long term with innovative technology solutions that meet the needs of a changing market.

Europe’s Long-Term Growth Champions 2025 is a new list created by the Financial Times and research firm Statista, which for the first time recognizes companies showing above-average revenue growth over the long term. The Financial Times, known for its annual ranking of Europe’s 1,000 fastest-growing companies, which looks at companies‘ revenues over a three-year period, has this time decided to look at companies’ performance over a broader perspective of decade. In this year’s edition, 300 European companies were distinguished. The list includes the companies with the highest revenue growth rate between 2013 and 2023, i.e., those that not only maintain stable growth but also successfully innovate and adapt to changing market conditions.

Europe’s Long-Term Growth Champions 2025

The ranking of Europe’s Long-Term Growth Champions 2025, prepared in collaboration between the Financial Times – one of the world’s most influential financial daily newspapers, known for its reliable analyses and reports on global markets – and the respected research company Statista, which specializes in market analysis and statistics, is the result of detailed data analysis. Companies with revenues of at least EUR 100,000 in 2013 and at least EUR 10 million in 2023 were eligible for the ranking. Organic growth, the independence of the companies, and their ability to self-manage the key processes of their business were also evaluated.

See also:  Vasco Translator takes part in the Under the Wings of Europe project

Vasco was ranked 6th among Polish companies, 17th in the IT company category, and 77th overall. The company was among the ranked businesses not only due to its impressive financial results but also due to its innovative technological solutions, which have been recognized by customers in foreign markets. This confirms that the company is steadily building its global position.

– The results we are achieving confirm that the growth strategy Vasco has chosen is the right one and meets the challenges of a rapidly changing market. Our goal has always been to provide high-quality products using innovative technologies that will facilitate communication for users around the world. Europe’s Long-Term Growth Considering that there are around 30 million companies in Europe, being among the 300 fastest-growing companies and ranked 77th  is a huge achievement of which we are extremely proud. Champion’s ranking is further proof that our strategy is providing results. Such performance obviously motivates us to continue to grow and expand our export markets, as exemplified by the opening of a new Vasco branch in China.

The recognition in Europe’s Long-Term Growth Champions 2025 confirms the effectiveness of Vasco’s long-term growth strategy. The company continues its dynamic growth not only in Poland but also in more than 20 markets in Europe, North America and Asia. In October, the company made its debut with its products in the Chinese market. Vasco is successively implementing innovative technological solutions, becoming an increasingly recognizable player on the global IT scene.

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