Award-winning: Ministry for Economic Affairs honors Retarus for outstanding growth

Retarus still counts as one of the fastest growing companies in Bavaria: as in 2012, when Retarus last participated, the global messaging service provider was once again awarded the title „Bayerns Best 50″. With this award the Bavarian State Ministry for Economic Affairs and Media, Energy and Technology distinguishes medium-sized companies who have attained above-average growth in both number of employees and turnover over the previous years. After winning the award in 2012, this was the first time that Retarus was again eligible to take part, according to the rules of the competition.

Above average growth and global expansion

The key assessment criteria employed by the independent competition jury for “Bayerns Best 50“ are above average company growth in turnover and earnings, as well as in the number of employees over the past 5 years. In particular, the company’s expansion in the US and Asia has significantly strengthened its position on the global market. In the US alone turnover rose by 56.3%. Overall, the Retarus group’s turnover for the financial year 2015 increased by 21.6 percent. These figures greatly exceed the company’s expectations.

In-company training guarantees sustainable economic success

According to organizers of the “Bayerns Best 50” competition, in-company training is also of crucial importance for the sustainable financial success of an enterprise. Vocational training for young adults traditionally plays an important role at Retarus. The messaging service provider was one of the first companies to offer apprenticeships in IT professions back in 1995, and is proud to currently have 14 apprentices training in various departments at its Munich headquarters. For the current year the company has set itself even more ambitious targets and is optimistic that it will once again exceed the results of the previous year. In this regard, Retarus finds itself in good company. According to Industry Association BITKOM’s industry monitor, three quarters of German IT companies (74%) anticipate growing turnover in the second half of 2015. This in turn has a positive impact on the job market. In fact, 61% of surveyed companies are planning to create additional workplaces.