Financial Times Lists IT Company Syntio as Fastest Growing in Croatia

Lauren Simmonds

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As Poslovni Dnevnik writes, the IT company Syntio, a Croatian cloud-based IT engineering company, ranked 225th on the prestigious list of The Financial Times (FT 1000) of Europe’s fastest growing companies.

If we look exclusively at the position in the IT sector, then the IT company Syntio took 55th place in all of Europe, meaning it took first place at the national level of Croatia, with a growth of 673.74 percent in the period from 2017 to 2020. Six more companies from Croatia are also on the list of one of the most reputable business papers in the entire world.

“We founded the company in Zagreb five years ago, in 2017 to be precise. Since then, we’ve opened branches in the United States of America and Denmark and grown to almost 90 employees. The fact that the Financial Times has included us on this prestigious list is a confirmation that we’re developing the company in the right direction, that we are doing quality things and is an additional incentive to continue investing in the development of our services and products,” pointed out Davorin Cetto, who founded the company alongside Tomislav Domanovac.

Their impressive client portfolio includes leading multinationals in retail, telecommunications, finance and pharmaceuticals, and they see their role in the market through linking data engineering, cloud technology and innovation. In particular, Syntio is one of the leading Google Cloud data engineering partners at the highest level, for the Nordic region primarily, but also globally. In the Nordic region, they work with several large companies to design and create data platforms that enable customers to use data, with the goal of achieving the best business results. In addition to Google, they’re partners with Amazon AWS and Microsoft Azure.

The well known FT 1000 is the annual list of the fastest growing European companies published by The Financial Times in cooperation with the German statistical company and the Statista portal, and it’s been going on for six year now. It shows the companies that have achieved the highest growth rate between 2017 and 2020, and in order to get on the list, they had to achieve a minimum growth of 36.5 percent.

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