London Stock Exchange Group has identified Russula as one of 1000 Companies to Inspire Europe, an annual report published in celebration of the fastest-growing and most dynamic small and medium-sized enterprises (SMEs) in the UK and Europe.
These companies come from all 28 EU countries and from a wide range of business sectors. Taken as a whole, they are growing at 71% a year and over the past two years have increased their staff by 66%.
Commissioner Jonathan HillFinancial Stability, Financial Services & Capital Markets UnionEuropean Commission
In 2015, the European Commission cited that there are 23 million SMEs that account for 99% of all businesses. Of these, 1000 met their selection criteria, requiring companies to have shown not just growing revenue over the past three years, but also to have outperformed their sector peers. Russula is one of 75 companies from Spain that together have shown an average compound annual growth rate of turnover of 120%, nearly twice that of the 1000 companies in total.
The companies listed in this report boast an impressive 66% job growth over the past two years. Even in countries tackling mass unemployment, these companies are delivering 63% annual job growth in France, 47% in Greece and 41% and 77% in Italy and Spain respectively.
Xavier Rolet KBECEO of the London Stock Exchange Group
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