Top 100 Companies

Growing domestic demand amid historically low inflation and a pick-up in private investment and employment continued to drive economic growth in Southeast Europe (SEE) in 2016.
Economic tailwinds benefited most retailers and car makers – the two industries most sensitive to changes in disposable income and consumer sentiment. At the same time oil and gas majors, which traditionally dominate the ranking of the biggest companies in the region, continued to suffer losses, impacting the aggregate revenue of the SEE TOP 100 entrants. The combined net profit of the 100 biggest companies, however, rose by a hefty 39% as compared to the profit of the prior-year entrants, largely as a result of improved operational efficiency, integration of various business-specific activities and economies of scale.

Economic growth in SEE quickened to 3% in 2016 from 2.5% a year earlier on the back of rising private consumption. Corporate investment grew, underpinned by ample liquidity and favourable financing conditions. Falling unemployment also contributed to improved economic sentiment.

Total revenue and net profit/loss figures are in millions of euro.

 

2016 2015 Company / Country Industry Total revenue 2016 Y/Y change in revenue Net profit/loss 2016 Net profit/loss 2015
11 15

British American Tobacco (Romania) Trading SRL

Romania
Food/Drinks/Tobacco 1 811 11.37% 148.1 96.3
12 7

Aurubis Bulgaria AD

Bulgaria
Metals 1 682 -23.67% 100.6 112.0
13 12

GEN-I d.o.o.

Slovenia
Electricity 1 656 -7.53% 8.6 8.1
14 14

Natsionalna Elektricheska Kompania EAD

Bulgaria
Electricity 1 576 -5.04% -65.8 -45.6
15 13

Naftna Industrija Srbije AD

Serbia
Petroleum/Natural Gas 1 546 -10.94% 130.6 132.6
16 17

Lukoil-Bulgaria EOOD

Bulgaria
Petroleum/Natural Gas 1 404 -8.60% -2.0 -3.2
17 24

Johnson Matthey DOOEL

Macedonia
Chemicals 1 346 11.95% 121.3 91.3
18 18

Poslovni Sistem Mercator d.d.

Slovenia
Wholesale/Retail 1 342 -4.67% -77.4 -3.8
19 20

Holding Slovenske Elektrarne d.o.o.

Slovenia
Electricity 1 294 -2.35% 44.4 -323.1
20 25

Carrefour Romania SA

Romania
Wholesale/Retail 1 277 10.99% 36.1 28.2