Annual ranking of the biggest companies in Southeast Europe
The total capitalisation of the nine SEE bourses rose 3.6% in 2015 to 103.6 billion euro, slowing from a 6.1% growth in 2014.
The market capitalisation of the SEE TOP 100 listed companies in 2014 rose to 46.08 billion euro, as compared to 44.7 billion euro of the entrants in the ranking a year earlier.
Struggling to break the deadlock of low liquidity – an inherent problem for the SEE equity markets, aggravated further in recent years by the exit of big foreign investors and the high risk aversion of local players – the bourses’ CEOs see hope in the privatisation of state-held stakes. At the same time, in a bid to broaden their perspectives beyond their national horizons, they are continuing to make steps towards tighter regional cooperation.