euShipments.com is ranked first among logistics companies in Europe in the Financial Times ranking
Financial Times publishes new ranking "Europe’s long-term growth champions"
This ranking tracks the financial growth and success of companies across Europe over the past decade.
A total of 300 companies are included, with euShipments.com ranking first among logistics companies and 26th overall. euShipments.com is also the only Bulgarian company in the list. This recognition is a significant achievement for the company's team, partners, and clients, further solidifying its strong profile.
Founded in 2012, euShipments.com has established itself as a leading company in the e-commerce logistics sector in Central and Eastern Europe, offering innovative and flexible solutions for online merchants. In partnership with over 60 local courier companies across Europe, euShipments.com delivers e-commerce orders to more than 27 markets on the continent, providing fulfillment services, international deliveries, and customized logistics solutions. The company’s logistics network includes 7 owned and 8 partner fulfillment centers located in key locations across Europe.
More about Financial Times' new ranking
Financial Times is well-known for its in-depth business analysis and rankings, providing insights into industries across the continent and the most dynamic companies in each sector. For years, in partnership with Statista, the media outlet has published the famous annual ranking of the 1000 fastest-growing companies in Europe – the FT1000. A notable fact is that, for the past two years, euShipments.com has appeared in the FT1000 ranking, even being the leading Bulgarian company in the list in 2023.
To recognize companies with long-term growth, this year Financial Times and Statista introduced "Europe’s long-term growth champions." The list requires a decade of consistent organic growth, with minimum revenue of 100,000 euros in the first year and over 10,000,000 euros in the final year. The companies in the list must be independent and founded in Europe. The selection is meticulous, involving a rigorous check of financial results and company stability. At the beginning of the analysis period, euShipments.com had financial results close to the minimum revenue for inclusion in the ranking, while in 2023, the company achieved nearly 15,000,000 euros in revenue, almost 50% above the minimum set by Financial Times and Statista analysts.
euShipments.com’s participation in this prestigious ranking is not only a testament to business success but also to the long-term impact of strategic investments in innovation, partnerships, and sustainable growth. Earlier this year, euShipments.com made its third acquisition as part of its mergers and acquisitions (M&A) strategy, in partnership with the private equity fund BlackPeak Capital. The acquired company is a Slovakian fulfillment operator, and in 2023, euShipments.com also acquired leading logistics companies in Romania and Croatia. With these moves, the newly formed logistics group becomes an exceptional example of a Bulgarian business expanding its influence through acquisitions of competitive companies abroad.
Given the rules of the ranking, euShipments.com is recognized based solely on the financial results and growth of its Bulgarian operations. However, the company shares that at the level of the logistics group, which includes the companies acquired by euShipments.com, the consolidated results are even more impressive.