Four Cypriot companies, Markapp Media in 11th place, Holywater Tech in 90th place, Intergo Telecom in 152nd place and Theon in 279th place, have been included in the Financial Times' prestigious 'FT1000: Europe's Fastest Growing Companies 2026' list.
More specefically, Markapp Media, which is in the IT & Software sector, showed a compound annual growth rate (CAGR) of 286.2%. Holywater Tech, in the Leisure & Entertainment sector, had a CAGR of 118.7%. Intergo Telecom, in the Media & Telecommunications sector, had a CAGR of 93%. Theon, in the Aerospace & Defence sector, had a CAGR of 63.5%.
As reported by FT, the FT1000 2026, compiled with research company Statista, lists the European companies that achieved the highest compound annual growth rate in revenue between 2021 and 2024.
"Topping the list is Healf, a UK-based online wellbeing retailer with a CAGR of 621.7%. In second place is Popeyes UK, a fast-food chain specialising in fried chicken, with a CAGR of 510.9%. In third position is CDC Chain Drive Crane, an Italian company that builds and maintains cable transport systems, with a CAGR of 503.4%," the publication said.
It also noted that France, Germany, the UK and Italy account for 75 per cent of the companies in the ranking. The IT & software category contributes 213 companies to the FT1000, followed by fintech, financial services & insurance with 77 and construction & engineering with 76.
The full report can be read here.
