Growing European tech companies shouldn’t fear further international expansion, says STX Next

The recent surge in economic activity brought on by an end to pandemic restrictions has been dampened somewhat by the Russia-Ukraine conflict, rising energy prices and rampant inflation. Despite these new challenges, growing technology companies across Europe should not allow this to put the brakes on their ambitions to expand internationally. This is according to STX Next.

Maciej Dziergwa, CEO of STX Next, said: “2021 was a year where the world bounced back from the turbulence of the pandemic’s early stages. The UK economy, for example, grew at its fastest pace on record over the year. Things have slowed down considerably since then, but for the tech sector, we believe that plenty of cause for optimism remains.

“We might not be quite as dependent on tech as we became in 2020, but many ways in which we embraced it – both at work and in our personal lives – have become permanent habits. Many of these behaviours won’t be significantly diminished by the energy or inflation crises, so there’s every opportunity for further international growth if successful tech companies are willing to be bold and push on with their expansion plans.”