Europe's Fastest Growing Companies 2023

In partnership with the Financial Times, Statista identified Europe’s fastest-growing companies. The seventh annual list rankes the 1000 European companies with the highest revenue growth between 2018 and 2021.

List of Europe's Fastest Growing Companies 2023

Project registration

Companies that are interested in participating in next year’s ranking can register below to be notified when applications open.

Did your company make the list?

The “Winner’s Portal” for award-winning companies offers a unique overview of the use of the official Growth Champion certificate as well as the terms and conditions and a personal contact.

The Project

FT1000 – Europe’s Fastest-Growing Companies 2023 is a list of the Top 1000 European companies that have achieved the highest growth rate in revenues between 2018 and 2020. The annual high-profile list compiled by Statista and The Financial Times is a visible and public acknowledgement of fast-growing companies in Europe, which is published online and in the print edition of The Financial Times.

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Highest CAGR
Minimum CAGR to be included
Companies awarded

Calculation of growth rates

The calculation of company growth rates is based on the revenue figures submitted by the companies in the respective national currency. For better comparability in the ranking the revenue figures were concerned into euros. The average rate for the financial year indicated by the company was used for this purpose.

the comound annual growth rate (CAGR) was caculated as follows:

CAGR formula for 2023 - Revenue of 2021 divided by revenue of 2018 to the power of 1/3 minus 1 is CAGR


Application Phase

The project was advertised online and in print, allowing all eligible companies to register via the websites created by Statista and the Financial Times. In addition, through research in company databases and other public sources Statista has identified tens of thousands of companies in Europe as potential candidates for the FT1000 ranking. These companies were invited to participate in the competition by post, email and telephone.
The application phase ran from 1st October 2022 to 30th November 2022. The submitted revenue figures had to be certified by the CFO, CEO or a member of the Executive Committee of the company.

  • Revenue of at least €100,000 generated in 2018
  • Revenue of at least €1.5 million generated in 2021
  • The company is independent (the company is not a subsidiary or branch office of any kind)
  • The revenue growth between 2018 and 2021 was primarily organic (i.e. “internally” stimulated)
  • The company is headquartered in one of these European countries: Austria, Belgium, Bulgaria, Bosnia and Herzegovina, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom

The list ranks entrants from across Europe by their compound annual growth rate (CAGR) in revenue between 2018 and 2021. The fiscal years that predominantly falls into 2018 and 2021 were used for this calculation.

Quality Assurance

All data reported by the companies was processed and checked by Statista. Missing data entries (employee numbers, address data, etc.) were researched in detail. Companies that did not fulfill the criteria for inclusion in the ranking were deleted.

Our Partner

The Financial Times is one of the world’s leading business news organizations, recognized internationally for its authority, integrity and accuracy. It is part of Nikkei Inc., which provides a broad range of information, news and services for the global business community.

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Jannis Plachetka