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We can celebrate startup culture, rate and award the most promising ideas, businessess and teams, but which startups make it to the next level: the growth phase? Thanks to Deloitte Fast Growing 500 EMEA ranking, released last week, we know.

Before I dig into the data, here are some interesting facts:

• France leads the table, with 93 entries in the top 500, followed by the UK (86), Sweden(54), Netherlands(53) and Norway(48). Germany has only 23 entries.
• #Estonianmafia is conspicuously absent from the list, while eastern Europe has 39 entries (Russia and CEE).
• The top fastest growing UK companies in Internet segment have never been reviewed by TechCrunch. These are Leadpoint (lead generation in financial services industry),  Ratedpeople (linking home owners with rated tradesmen) and PKR (online Poker game).
• Top two fastest growing companies from eastern Europe are at least 10 years old.

And now more about CEE region.

Poland leads with 15 entries, followed by Czech Republic (8), Romania and Russia (each 4 entries).

While none of the eastern European companies made it to top 10, the closest runner up ER-Telecom fromRussia at number 11, provides broadband, cable and online TV services acros sRussia. The company has 3.5 million subscribers across 42 cities. It started off in 2001, and got a first push at Venture Fair 2003 in Perm (I attended but was too busy looking at military technologies as VCs were investing in Homeland Security startups then). At this provincial venture fair the company raised first investment to build cable and internet network for 200 000 homes inPerm. Now it occupies 20 per cent of the market segment in Russia.

Romanian Vola.ro Student Adventure SRL (rank 13) offers low cost travel deals. The flights can be booked for travelers outside of Romania too, but I am not sure the price will  be as attractive as elsewhere (I checked a sample trip from Germany to Finland, but the price was about 80 per cent higher than what I got when booking from a German online shop). Provided that not everyone in Romania can pay for their trip online, the company offers offline payment mechanism. It was founded in 2000.

Czech LiveSport (information, entertainment and betting for sports fans) is on the position 17, and Internet Shop s.r.o. (rank 24) sells perfume and makeup online in Czech Republic.

Below is the list of eastern European companies which made it to the top 500. The full list of companies can be found on Deloitte website.

And if you must know, the fastest growing company in EMEA is Turkish Logic Bilişim, which grew at almost 29 000 per cent this year, offers bread-and-butter telephony services.

11 ER-Telecom Russia

13 Vola.ro Student Adventure SRL Romania

17 LiveSport s.r.o. Czech Republic

24 Internet Shop s.r.o. Czech Republic

26 Netmedia S.A. Poland

41 Inwestycje.pl S.A. Poland

64 Teamnet International S.A. Romania

67 Datera S.A. Poland

84 Kompan.pl Sp. z o.o. Poland

89 Technitel Polska SJ Poland

95 Ideo Sp. z o.o. Poland

102 Kentico software s.r.o. Czech Republic

134 GEM System a.s. Czech Republic

156 Sygic a.s. Slovak Republic

161 Martinus.sk, s.r.o. Slovak Republic

165 Euro-Tax.pl Sp. z o.o. Poland

183 Sunrise System Sp. z o.o. Poland

185 Kaspersky Labs Russia

211 Active Vision Kft. Hungary

219 Hawe S.A. Poland

249 Future Processing Sp. z o.o. Poland

268 Rosservice Russia

290 Synergium UAB Lithuania

315 Viala Kft. Hungary

333 Crys Computers SRL Romania

334 Sare S.A. Poland

340 ZOOM International s.r.o. Czech Republic

357 Investor.BG AD Bulgaria

358 INSIA a.s. Czech Republic

387 E-Card Ltd. Bulgaria

454 Telerik Corp. Bulgaria

456 Grupa Integer.pl Poland

465 Partners In Progress Sp. z o.o. Poland

486 Nowoczesna Firma S.A. Poland

489 eo Networks S.A. Poland

490 Mainstream Technologies, s.r.o. Czech Republic

492 Logio s.r.o. Czech Republic

493 Center of Financial Technologies (CFT) Russia

497 Fortech SRL Romania