2 March 2020

Mashfrog Group receives Financial Times award

Mashfrog is one of the European companies that have grown increasingly faster according to Financial Times and Statista rankings.

A new milestone for the Italian tech vompany mashfrog Group which, thanks to the average growth rate recorded between 2015 and 2019, is one of the FT 1000 Europe's Fastest Growing Companies, the ranking of the leading companies in Europe in terms of speed of growth and productivity.    

FT 1000 Europe's Fastest Growing Companies is the ranking which the Financial Times, in collaboration with Statista, the German statistical survey institute, dedicates every year to European companies that have recorded the highest growth rate in terms of not just turnover.
The 2020 edition, recently made known by the United Kingdom's famous Economy and Finance newspaper, led to the list of 1000 companies belonging to all EU countries that grew most in terms of turnover between 2015 and 2018.
With an average annual growth of 43% ,mashfrog Group, already Leader of Growth 2020, ranks 864th in the European ranking prepared by the Financial Times, establishing itself as one of the most innovative entrepreneurial realities of the old continent, resilient and able to compete on international markets.  

The list of FT 1000 Europe's Fastest Growing Companies, published in the dedicated insert of the FT and available online, is the result of an accurate evaluation that led to the selection of companies with the greatest growth potential in 32 countries. Italy is in second place in terms of number of companies in the ranking, immediately after Germany. 
To be included in the European ranking some fundamental requirements had to be met, including a minimum turnover of € 100 thousand and € 1.5 million respectively in 2015 and 2018, and demonstrated capacity for rapid and effective growth. Not only, almost all the companies selected by the Financial Times and Statista show a business model that is scalable and suitable forinternationalisation, the ability to respond in an innovative way to the needs, both traditional and emerging, of communities, resilience and agile models of internal organisation.
This profile fully corresponds to the DNA of Mashfrog Group, an Italian company that today boasts offices in Europe, South America, Australia and the MENA Region, a staff of almost 400 people with an average age of 33 years, and which manages international projects with a high level of complexity.

The companies included in the European ranking operate in different industries, but technology and digital are the common factor. Among the most prevalent sectors are e-commerce, Fintech, smart manufacturing and industry 4.0. 

We are very proud to be among the European companies that are best interpreting the challenge of digital transformation. Our business strategy made up of a mix of specialised professional services and an offer of proprietary platforms in SaaS mode has been able to ensure not only growth in turnover, but also rapid internationalisation of the Group which also maintained the levels of growth of previous years in 2019,” notes Edoardo Narduzzi, President of mashfrog Group.

The Financial Times and Statista award is a recognition of the excellent results achieved by mashfrog, as well as by many Italian companies, and offers an international showcase for the best 'Made in Italy' business initiative. Together with mashfrog Group, Statista and the Financial Times give recognition to large companies and many small and medium enterprises in Italy that are establishing themselves as major players in economic growth at national and European level.