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LSE1000companies 02Report by London Stock Exchange identifies fastest-growing and most dynamic SMEs in the UK

Kromek is pleased to announce that it has been named as one of the ‘1000 Companies to Inspire Britain 2017’, in a report produced by the London Stock Exchange Group (“LSE”).

The report, which is published annually and is now in its fourth year of publication, identifies 1,000 of the UK’s fastest-growing and most dynamic small and medium-sized enterprises (SMEs), described by the LSE as “the lifeblood of the UK economy”. To be considered, companies are required to show consistent revenue growth over at least three years and significantly outperform their industry peers.

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In total, 134 companies in the report operate within the field of ‘Engineering and Construction’, making it the most well-represented sector. With such strong competition from industry peers, the report notes two key aspects of Kromek’s success: the company’s pioneering technology and its specialisation in three distinct markets.

Dr Arnab Basu, Chief Executive Officer of Kromek, said: “It is a privilege to have been featured by the LSE in such a prestigious report. Not only is it fantastic recognition of our scientific innovation, but it also highlights the exciting growth prospects for the Company as we have moved from the R&D phase into the full commercialisation phase. Moreover, we are proud to represent the North East of England region, with 35% of the companies named in the report based in the Northern Powerhouse and Midlands Engine regions. Above all, it is testament to the hard work of our staff and their commitment to making the Company succeed.”

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