THOUSAND OAKS, Calif., Feb. 25, 2016 /PRNewswire/ -- Moravia has earned a place in Inc. Magazine's 2016 list of the 5000 fastest-growing private companies in Europe. The honor marks the first time Moravia has been ranked in Inc.'s annual list of top growth companies.
Moravia ranks number 3727 in this year's roster, which measures revenue growth over a three-year period, specifically between 2011 and 2014. Moravia grew more than 123 percent over the three-year measurement timeframe, and ended 2014 with annual revenues in excess of $100 million in U.S. dollars.
According to Tomas Kratochvil, Moravia Chief Executive Officer, the ranking is a testament to Moravia's commitment to provide global leaders with highly customized language solutions.
"Moravia has grown at a significant pace for several years in a row," Kratochvil said. "In 2014, we were the first company in the language industry to surpass $100 million through organic growth alone, and last year our revenues exceeded $135 million.
"We will continue to expand our offerings to help our customers both redefine and optimize ways to succeed in their global markets," he said. "We're very honored to be part of such a prestigious list, and I credit the achievement to the entire Moravia team," Kratochvil added.
Moravia's services address the complex localization demands of leading global brands and fast-growing companies, primarily in the IT and life-science industry sectors. Moravia partners with its clients to succeed in global markets by adapting or sometimes recreating the client's content to meet the specific linguistic, technical and cultural expectations of customers in each target market.
Moravia IT is a leading globalization solution provider, enabling companies in the information technology, e-learning, travel and life sciences industries to enter global markets with high-quality multilingual products. (www.moravia.com)