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Midsummer One Of Sweden's Fastest Growing Companies

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Solar company cited in Deloitte Fast 50 and Dagens Industri Gazelle list

Solar energy technology company Midsummer AB has been named as one of Sweden's 50 fastest growing technology companies in 2018, according to Deloitte's Technology Sweden Fast 50. It has also been crowned a 'Gazelle company' 2018 by Sweden's influential financial daily Dagens Industri for being one of Sweden's fastest-growing companies in all categories.

Midsummer is a developer and supplier of CIGS-based solar energy technology solutions for the production and installation of thin film solar panels.

Deloitte, one of the world's leading audit and consulting companies, lists the 50 fastest growing technology companies in Sweden each year. Solar energy technology company Midsummer topped the Fast 50 list in 2012, when it was also named the fastest growing cleantech company in the EMEA region (Europe, Middle East, Africa).

This year, Midsummer has again been listed as one of Sweden's 50 fastest growing technology companies. Fast 50 is based on criteria such as rapid growth, ownership of patented technology, major investments in technology research, and certain minimum levels of revenue and the number of years during which the business has been operating.

To be included in the Dagens Industr 'Gazelle' list, Midsummer had to meet certain financial and growth criteria. The Gazelle jury does an overall valuation of the company and weighs in additional parameters that show a healthy business.

The exact ranking on each of the two lists are only disclosed by the organisers later this autumn.

"Being included on these prestigious lists shows that our investment in research and development is on the right track. Our goal is for our technology to remain market leading in the segment of lightweight, flexible solar panels, and for the company to grow at least as fast at the entire rapidly expanding segment", said Sven Lindström, CEO, Midsummer.


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