Magazine

Online Extra: The Top 500


BusinessWeek and Europe's Entrepreneurs for Growth, a Brussels organization that represents more than 2,000 entrepreneurs, have teamed up for the second year in a row to showcase the fastest-growing companies of the annual Europe's 500 list.

To qualify for Europe's 500 list, a company must have its base either in one of the 25 European Union member states or in Iceland, Norway, or Switzerland. It must have been founded before 2002, have had at least 50 employees but no more than 5,000 at the beginning of 2001, and have shown profits at least once during a three-year reference period.

Companies nominate themselves as candidates for the ranking. Both publicly listed and privately held companies can apply.

Note: Data provided by Europe's Entrepreneurs for Growth is not guaranteed by BusinessWeek for correctness or completeness. This material is not an offer to buy or sell any security. Companies are ranked on the basis of the David Birch Employee Growth Index. The index measures employment creation according to the following formula: the absolute difference in employment between the upper (end 2004) and the lower (end 2001) reference year, multiplied by employment in the upper reference year, divided by employment in the lower reference year.

Europe Hot Growth Companies

Rank

Company Name

Country

Sector

Employees 2004

Jobs Created

2001-2004

Birch Index

1

Assystem

France

IT Services

6,571

4,847

18,474

2

Avion Group

Iceland

Transport and Logistics

3,200

2,700

17,280

3

Cpl Resources

Ireland

Management Services

2,000

1,728

12,706

4

Gameloft

France

IT Services

722

664

8,266

5

Sebeco

Belgium

Management Services

704

648

8,146

6

C1 Group

Germany

IT Services

566

520

6,398

7

Dcc

Ireland

IT Services

4,700

2,652

6,086

8

iSOFT Group

Britain

IT Services

1,338

1,086

5,766

9

Q-Cells Aktiengesellschaft

Germany

Industrial Goods

484

445

5,523

10

Pharmexx

Germany

Management Services

1,446

1,141

5,409

11

Brose Fahrzeugteile

Germany

Industrial Goods

8,150

3,240

5,378

12

Lastminute.com

Britain

Consumer Services

2,220

1,564

5,293

13

Intec Telecom Systems

Britain

IT Services

1,292

1,035

5,203

14

The Best Connection Group

Britain

Management Services

7,552

3,048

5,111

15

Mears Group

Britain

Other

2,500

1,675

5,076

16

Nuova Pansac

Italy

Industrial Goods

2,000

1,400

4,667

17

R P S Group

Britain

Management Services

3,065

1,703

3,832

18

PUMA Rudolf Dassler Sport

Germany

Consumer Goods

3,910

1,898

3,688

19

freenet.de

Germany

IT Services

1,127

858

3,595

20

Caffe Nero Group

Britain

Consumer Services

2,300

1,400

3,578

21

Naturex

France

industrial goods

235

219

3,217

22

Omega Pharma

Belgium

Industrial Goods

2,881

1,506

3,155

23

Actavis Group

Iceland

Biotech and Life Sciences

6,841

2,128

3,089

24

Holroyd Howe

Britain

Consumer Services

566

478

3,074

25

Alumil Milonas

Greece

Industrial Goods

1,810

1,133

3,029

26

Coloplast

Denmark

Other

6,157

1,954

2,862

27

Sophos

Britain

IT Services

920

694

2,825

28

Integrated Cleaning Management Ltd

Britain

Management Services

2,835

1,402

2,774

29

I.K. Hofmann

Germany

Management Services

5,425

1,801

2,696

30

New Wave Group

Sweden

Industrial Goods

1,269

847

2,547

31

QVC Deutschland

Germany

Consumer Services

3,001

1,361

2,490

32

Europastry

Spain

Industrial Goods

2,225

1,173

2,481

33

Rangerplast

Italy

Industrial Goods

794

598

2,423

34

Sword Group

France

Management Services

895

650

2,374

35

AT&S Austria Technologie und Systemtechnik

Austria

Communications and Electronics

4,059

1,459

2,278

36

Catch Communications

Norway

IT Services

242

216

2,010

37

Catering International & Services

France

Management Services

3,412

1,262

2,003

38

Aliplast

Belgium

Industrial Goods

1,132

702

1,848

39

Covion Limited

Britain

Management Services

284

245

1,784

40

Webasto

Germany

Industrial Goods

6,200

1,365

1,750

41

Dynafix Group

Netherlands

Communications and Electronics

240

210

1,680

42

Cisalfa Sport

Italy

Industrial Goods

2,650

1,020

1,658

43

Rosenberger Hochfrequenztechnik

Germany

Communications and Electronics

2,230

950

1,655

44

IAWS Group

Ireland

riculture, mining, utilities

3,093

1,073

1,643

45

Bechtle

Germany

IT Services

3,178

1,072

1,618

46

Espotting Media

Britain

IT Services

195

174

1,616

47

Doppelmayr Holding

Austria

Industrial Goods

2,102

882

1,520

48

Bannatyne Fitness

Britain

Consumer Services

1,078

625

1,487

49

Bennet

Italy

Consumer Services

4,976

1,128

1,459

50

S?urit??france

France

Transport and Logistics

3,200

1,000

1,455

51

H&R Was Aktiengesellschaft

Germany

Biotech and Life Sciences

1,634

753

1,397

52

S.E.A. Societa Europea Autocaravan

Italy

Industrial Goods

504

369

1,378

53

QUINN-direct Insurance

Ireland

Financial Services

1,150

619

1,341

54

G??tz-Geb??udemanagement West & Co KG.

Germany

Consumer Services

679

450

1,334

55

SICK

Germany

Industrial Goods

3,633

964

1,312

56

Ryanair Holdings

Ireland

Transport and Logistics

2,300

833

1,306

57

Soci??t?? T??l??vision Fran??aise 1

France

Communications and Electronics

3,867

965

1,286

58

Cap 3P

France

Other

379

290

1,235

59

Loch Fyne Restaurants

Britain

Consumer Services

1,000

550

1,222

60

MarketXS

Netherlands

Other

113

103

1,164

61

Marseille-Kliniken

Germany

Consumer Services

4,380

910

1,149

62

Adonix

France

IT Services

930

510

1,129

63

Huntleigh Technology

Britain

Other

2,530

780

1,128

64

SDL

Britain

IT Services

1,310

603

1,117

65

IN-FUSIO

France

Other

260

210

1,092

66

NDS Group

Britain

Other

2,000

700

1,077

67

Engineering Ingegneria Informatica .

Italy

IT Services

3,309

808

1,069

68

Hopkinson Catering

Britain

Consumer Services

855

475

1,069

69

Christie Group

Britain

Management Services

1,222

570

1,068

70

Prodrive Holdings

Britain

Transport and Logistics

950

500

1,056

71

Clinphone Group

Britain

Biotech and Life Sciences

450

314

1,039

72

S&B Industrial Minerals

Greece

riculture, Mining, Utilities

2,187

689

1,006

73

UMECO

Britain

Industrial Services

1,350

563

966

74

De Vizia Transfer

Italy

riculture, Mining, Utilities

1,472

572

936

75

Passage Fitness

Belgium

Consumer Services

450

301

909

76

Andritz

Austria

Industrial Goods

5,314

769

899

77

Bi-Log

Germany

Transport and Logistics

759

409

887

78

Msg systems

Germany

IT Services

1,900

600

877

79

Cattles

Britain

Financial Services

4,977

717

838

80

K??gun

Iceland

IT Services

362

251

819

81

Bitzer K??hlmaschinenbau

Germany

Industrial Goods

1,919

569

809

82

Tsakos Energy Navigation

Greece

Transport and Logistics

800

400

800

83

Ipte

Belgium

Industrial Goods

1,424

508

790

84

Dassault Syst??mes

France

IT Services

4,456

656

769

85

Systems Union Group

Britain

IT Services

1,252

472

758

86

Heisterkamp Transport

Netherlands

Transport and Logistics

1,235

465

746

87

Singulus Technologies

Germany

Biotech and Life Sciences

736

369

740

88

Redur

Spain

Transport and Logistics

1,490

490

730

89

Ted Baker

Britain

Consumer Services

1,134

443

727

90

Brembo

Italy

Industrial Goods

3,973

607

716

91

Kago-Kamine-Kachelofen

Germany

IT Services

1,650

499

715

92

Plantasjen

Norway

?/td>

890

396

713

93

Plaisio Computers

Greece

IT Services

852

388

712

94

Straumann Holding

Switzerland

Other

1,104

431

707

95

Corporación Alimentaria Guissona

Spain

riculture, mining, utilities

2,492

544

696

96

Micronas Semiconductor Holding

Switzerland

Other

1,970

504

677

97

GL Trade

France

IT Services

1,073

412

669

98

Fyffes

Ireland

Consumer Goods

2,979

543

664

99

Fastweb

Italy

Communications and Electronics

2,108

504

662

100

Juhler Holding

Denmark

Management Services

2,964

539

659

101

The Listening Company

Britain

Other

798

357

646

102

Soitec

France

Communications and Electronics

542

292

633

103

Creditinfo Group

Iceland

Financial Services

115

97

620

104

Phonak

Switzerland

Biotech and Life Sciences

2,926

510

618

105

Palfinger

Austria

Industrial Goods

2,563

491

607

106

Marquard & Bahls

Germany

Industrial Services

1,910

446

582

107

Scanfil Oyj

Finland

Communications and Electronics

2,115

453

576

108

Inoplast

France

Industrial Goods

1,785

435

575

109

Reply

Italy

IT Services

1,011

364

569

110

Strategic Systems Solutions

Britain

IT Services

600

288

554

111

Time 24

Britain

Communications and Electronics

584

284

553

112

Aircom International

Britain

Consumer Services

372

220

538

113

Esmertec

Switzerland

IT Services

162

124

529

114

BCW Group

Britain

Financial Services

466

246

521

115

Centric

Netherlands

IT Services

2,972

442

519

116

Vm Materiaux

France

Industrial Goods

1,908

408

519

117

Ma Potters Limited

Britain

Consumer Services

441

238

517

118

Nici

Germany

Consumer Goods

583

271

506

119

Typsa

Spain

Industrial Services

1,105

345

502

120

Interhyp

Germany

Financial Services

171

127

494

121

International Power

Britain

IT Services

2,750

418

493

122

EVN

Austria

riculture, mining, utilities

2,608

404

478

123

Ceva Sante Animale

France

Biotech and Life Sciences

1,492

362

478

124

Laboratoires Arkopharma

France

IT Services

1,600

364

471

125

Burgmann Industries

Germany

IT Services

3,410

412

469

126

Atlanta Capital Consulting

Germany

Management Services

615

265

466

127

Devoteam

France

IT Services

1,700

360

457

128

Fast Search & Transfer

Norway

IT Services

299

180

452

129

Eltete

Finland

Industrial Goods

455

223

437

130

Direct Wines

Britain

Other

721

271

434

131

Cleaning Masters

Belgium

Management Services

1,279

323

432

132

Societa Servizi Socio Culturali Cooperativa Sociale Onlus

Italy

Consumer Services

268

163

416

133

Faktab Finans

Sweden

Financial Services

518

228

407

134

Business & Decision

France

IT Services

717

256

398

135

Wolfson Microelectronics

Britain

Communications and Electronics

189

127

387

136

Opin Kerfi Group

Iceland

IT Services

592

234

387

137

Hiolle Industries

France

IT Services

484

215

387

138

MCI Group

Switzerland

Management Services

270

157

375

139

Ccc Zorg

Netherlands

Consumer Services

197

128

365

140

Metrovacesa

Spain

Construction and Real Estate

549

218

362

141

Novabase

Portugal

IT Services

1,223

279

361

142

Bubble and Foam Industries

Belgium

Industrial Goods

278

157

361

143

Technocover

Britain

Industrial Goods

200

128

356

144

Zollner Elektronik

Germany

Consumer Services

2,653

313

355

145

Axon Group

Britain

IT Services

547

215

354

146

SII

France

Management Services

1,210

268

344

147

Satrem

France

Other

162

110

343

148

Msource Medical Development

Belgium

Management Services

171

114

342

149

Raiffeisen Informatik

Austria

IT Services

1,286

270

342

150

Obremo

Spain

Construction and Real Estate

515

205

341

151

SurfKitchen

Britain

Other

79

64

337

152

Cuddy Group

Britain

Management Services

220

133

336

153

IMO Momentenl er

Germany

Industrial Goods

235

138

334

154

Altea S.p.A.

Italy

Other

175

114

327

155

Endress + Hauser Wetzer

Germany

Industrial Goods

2,111

283

327

156

KUDELSKI

Switzerland

IT Services

1,439

266

326

157

ACP Gruppe

Austria

IT Services

609

212

325

158

Pankl Racing Systems

Austria

Industrial Goods

609

212

325

159

Esprinet

Italy

IT Services

571

207

325

160

South Lakeland Caravans Limited

Britain

Consumer Services

210

127

321

161

Melexis

Belgium

Communications and Electronics

643

213

319

162

Cerep

France

Biotech and Life Sciences

464

187

313

163

BUW Unternehmensgruppe

Germany

Management Services

728

218

311

164

Cavotec Group Holdings

Netherlands

Industrial Goods

410

176

308

165

Fuchs Petrolub

Germany

Industrial Goods

4,155

284

305

166

Amro Beteiligungs

Austria

Construction and Real Estate

480

185

301

167

Central Trust

Britain

Financial Services

413

174

301

168

SCi Entertainment Group

Britain

IT Services

150

100

300

169

BWT

Austria

Industrial Goods

2,780

269

298

170

Unica Installatiegroep bv

Netherlands

Other

1,600

251

298

171

Incanto Group

Italy

Industrial Goods

270

140

291

172

S.E. Software und Systeme

Germany

IT Services

650

200

289

173

Harlekin Spiel- u. Unterhaltungsautomaten Betriebs

Germany

Consumer Services

365

161

288

174

Tandberg

Norway

Communications and Electronics

589

192

285

175

Sogeclair

France

Industrial Services

651

197

282

176

Jokey Plastik

Germany

Industrial Goods

1,231

228

280

177

Altrad

France

Industrial Goods

1,194

226

279

178

Virbac

France

IT Services

2,248

248

279

179

TolvuMyndir

Iceland

IT Services

397

162

274

180

Optisport Exploitaties

Netherlands

Consumer Services

488

175

273

181

Eurofins Scientific

Belgium

Biotech and Life Sciences

2,083

240

271

182

Isra Vision Systems

Germany

Industrial Goods

244

128

269

183

Acambis

Britain

Biotech and Life Sciences

289

139

268

184

Poco Holding

Germany

Consumer Services

1,071

213

266

185

Össur

Iceland

Biotech and Life Sciences

568

176

255

186

VoiceObjects

Germany

Communications and Electronics

84

63

252

187

April Group

France

Financial Services

1,100

205

252

188

SMI

Italy

Industrial Goods

570

173

248

189

M & M Sports

Britain

Consumer Services

343

142

242

190

Easynet Group

Britain

IT Services

1,200

200

240

191

GROUPE ARES

France

IT Services

1,731

210

239

192

Sipro Sicurezza Professionale

Italy

Industrial Services

692

177

238

193

Fackelmann

Germany

Industrial Services

620

170

234

194

Freedom Finance

Britain

Financial Services

324

135

231

195

Waymade

Britain

Biotech and Life Sciences

655

171

231

196

Gruppo Manni

Italy

Industrial Services

725

173

227

197

Jahn

Germany

Industrial Goods

370

140

225

198

Lynn`s Best

Germany

Consumer Services

180

100

225

199

Ognibene

Italy

Industrial Goods

299

128

224

200

Stagecoach Theatre Arts

Britain

Other

58

46

222

201

Empire

Britain

Communications and Electronics

273

122

221

202

Reichhart Logistik Gruppe

Germany

Transport and Logistics

490

152

220

203

Johann Dettendorfer Spedition Ferntrans & Co. KG

Germany

Transport and Logistics

280

122

216

204

Uniarte Sa

Spain

IT Services

747

166

213

205

Wavelight Laser Technologie

Germany

Biotech and Life Sciences

215

107

213

206

Panda Software

Spain

IT Services

598

157

213

207

Partners Group

Britain

Other

78

57

212

208

Cybit Holdings

Britain

IT Services

71

53

209

209

PortWise

Sweden

Other

75


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