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Energy companies fuel revenuerev-up in SEE TOP 100 ranking

In a year marked by Russia’s invasion of Ukraine – the biggest attack on a European country since WWII – traditional geopolitical alignments and economic trajectories were thrown off kilter, not least in front-line Southeast European states, whose energy sectors had historically been heavily dependent on Russia. With energy security and diversification taking precedence, it comes as no surprise that 2022 was a blockbuster year for petroleum and natural gas, and electricity companies.

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Pharma remains SEE’s most profitable sector

Throughout a year marked by sporadic but enduring pandemic breakouts, the pharmaceutical industry in Southeast Europe, represented in the SEE Top 100 ranking by two companies, retained its leading profitability standing with a double-digit return on revenue (RoR). This indicator, however, eased to 14.46% in 2021 from 15.42% in 2020, after Slovenia’s Krka booked a 4.8% drop in revenue to 1.4 billion euro.