Annual ranking of the biggest companies in Southeast Europe
The market capitalisation of the entrants in the 2013 edition of the SEE TOP 100 listed companies ranking totaled 44.7 billion euro, compared to 39 billion euro for the firms that made the 2012 list. Most entrants in the ranking – 65, saw their market capitalisation rise, with 30 posting a decline.
The stock markets in SEE closed 2012 on a positive note as the majority of the TOP 100 public companies saw their market value increase and the blue-chip indices reversed their downward trend.
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.