Confidex Ltd. ranked the sixth fastest growing technology company in Europe

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Confidex Ltd. has been ranked the fastest growing technology company in Finland and the sixth in the EMEA region on the Deloitte Technology Fast 500 EMEA 2010. Rankings are based on percentage revenue growth over five years. Confidex Ltd. grew 5513% during this period.

Finnish Industry Investment has been an investor in Confidex Ltd. since 2010

Confidex Oy is the world’s leading supplier of high-performing contactless ticketing and RFID tag solutions and services to make supply chains, transactions and authentication of goods and people more efficient and secure. Confidex’s global network of over 100 partners serves customers representing a broad range of industries in Europe, North America and Asia.

Finnish Industry Investment Ltd is a government-owned investment company whose mission is to promote and stimulate Finnish business, employment and economic growth through capital investment. Finnish Industry Investment invests in growth companies, directly and through funds, together with private co-investors. Capital investments are needed for financing the growth of investee companies, internationalisation, spin-offs, major industrial investments, and sector and corporate restructurings. The targets are in all sectors. The investments of Finnish Industry Investment amount to some MEUR 660.