Where are the Continent’s fastest-growing companies? Cast your eyes north and east.
If you’re looking in Europe’s largest countries for the biggest concentrations of driven entrepreneurs, you’re doing it wrong. Per capita, the 10 countries with the most Inc. 5000 Europe companies—those on this year’s list added more than 311,000 jobs to local economies— were all tiny, and Eastern European or Scandinavian. The same was true last year, when this year’s No. 2, Estonia, topped the list; this year’s and last year’s top five cities all came from those regions as well. All that said: This year, Paris claimed two top 10 businesses–the energy company Forsee Power and the adtech firm Adikteev. Insert joke about which language gave us the word entrepreneur.
BLUE SKIES Iceland’s Reykjavik boasts views like this— and the most Inc. 5000 Europe companies per capita.