Vaimo is Awarded Gazelle Award for the 5th Consecutive Year

On Monday, November 30th, 2015, Vaimo was awarded the renowned Gazelle Award in Sweden for the 5th consecutive year by Sweden's largest business and finance magazine, Dagens Industri. The Gazelle Award competition rewards the fastest growing companies in Sweden, specifically those who have doubled their turnover through organic growth, and have experienced stable and positive financial growth for the last 4 years. This year, approximately 500 companies in Sweden qualified for the prestigious award, and Vaimo placed number 38 with a total growth over the last 4 years of 389%. Vaimo's best position from the previous 4 years is 10th place.

 

 

"We are so excited and honoured to receive the Gazelle Award for the fifth year in a row. Vaimo is growing faster then ever - we now have over 200 employees and we just opened a new office in Dubai to cater to the Middle Eastern market. We are enthusiastic and confident about the upcoming year and have exciting new endeavours planned." - Staffan Palopää, CTO and co-founder at Vaimo

A Gazelle is a company that possesses the following qualities:

  • Revenue above 10 million SEK
  • More than 10 employees
  • Revenue doubled over last 4 years
  • Increase in revenue every year over the last 4 years
  • Profitable for last 4 years
  • Organic growth
  • Financially stable

 

 

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