Hytera Named One of the Fastest Growing Chinese Enterprises in UK
Hytera UK, a wholly-owned subsidiary of Hytera Communications Corporation Limited, a world leading solution provider of Professional Mobile Radio communications, was listed as one of the 14 fastest growing private Chinese companies in the UK by the Grant Thornton Tou Ying Tracker 2016, which is produced in partnership with China Daily.
Grant Thornton Tou Ying Tracker produced by Grant Thornton in collaboration with China Daily, shows that 16 fastest growing Chinese State Owned Enterprises (SOEs) in the UK grew at an average rate of 146 percent in 2016, while the top 14 private firms grew at an average of 210 percent. The report, based on accounts filed at Companies House in London by Chinese-controlled entities says the 30 listed businesses employ 25,000 people in the UK and had a combined turnover of $11.9 billion.
The tracking analysis has been conducted in each of the past foury ears.”Private firms are becoming a more crucial part of the growth story of Chinese businesses in the UK. This also aligns with what’s going on in China,” says Jon Wallis, head of China Outbound at Grant Thornton and co-author on the report.