Ro­ma­nian com­pa­nies rule SEE 2013 most prof­itable rank­ing, OMV Petrom grabs gold

Top 100 See - - Top 100 Companies -

Ro­ma­nia had the high­est num­ber of en­trants in the rank­ing of the most prof­itable com­pa­nies in South­east Europe (SEE) in 2013. The best rep­re­sented in­dus­try in the rank­ing was en­ergy, with nine com­pa­nies. Ro­ma­nian com­pa­nies firmed their po­si­tions in the rank­ing of the most prof­itable com­pa­nies in SEE in 2013, tak­ing four of the top five places with oil and gas group OMV Petrom at the helm. In the 2012 rank­ing, there was only one Ro­ma­nian en­trant, Romgaz, among the top five most prof­itable com­pa­nies.

Ro­ma­nia had a to­tal of 12 rep­re­sen­ta­tives in the rank­ing, one more com­pared to the pre­vi­ous year. This comes as lit­tle sur­prise con­sid­er­ing that the coun­try man­aged to record one of the high­est eco­nomic growth rates in the re­gion, of 3.5%, in 2013.

OMV Petrom, which also led the TOP 100 com­pa­nies rank­ing in terms of rev­enue in 2013, un­seated from the top Croa­t­ian ship builder Bro­dos­plit-Brodogradiliste, record­ing a re­turn on rev­enue of 25.27% ver­sus 19.51% a year ear­lier. In 2012 OMV Petrom ranked sixth on the list.

The sec­ond, third and fifth place were taken by Ro­ma­nia's Romgaz, Hidro­elec­trica and Con­ti­nen­tal Au­to­mo­tive Prod­ucts.

Croa­tia's Hr­vatski Telekom was the only non-Ro­ma­nian com­pany that man­aged to squeeze in among the top five on the back of a 21.68% re­turn on rev­enue in 2013, down from 23.24%.

Five tel­cos and as many elec­tric­ity com­pa­nies made it into the rank­ing.

Oil and gas com­pa­nies took four of the twenty spots in 2013 rank­ing. The oil and gas sec­tor re­tained its lead in the rank­ing of the most prof­itable in­dus­tries in SEE, de­spite a 5.45% drop in the to­tal rev­enues of the top 100 oil and gas com­pa­nies in the re­gon and a de­crease in their to­tal net profit to 659 mil­lion euro from 1.09 bil­lion euro a year ear­lier.

The phar­ma­ceu­ti­cal in­dus­try saw its par­tic­i­pants in the rank­ing in 2013 drop to two from three. Slove­nia's Krka oc­cu­pied the 10th spot in the rank­ing, down by one place from the pre­vi­ous year. It recorded a re­turn on rev­enue of 14.64%, slightly down from 14.59% in 2012. Its peer Lek ranked 14th with 11.47% re­turn on rev­enue ver­sus 11.17% a year ear­lier.

At the fifth spot, car tire maker Con­ti­nen­tal Au­to­mo­tive Prod­ucts was the only rep­re­sen­ta­tive of the rub­ber and rub­ber prod­ucts in­dus­try in the rank­ing. The fur­ni­ture and dec­o­ra­tion and the to­bacco in­dus­tries too had one re­sp­re­sen­ta­tive each - the Ro­ma­nian units of Aus­trian wood pro­cess­ing com­pany Holzin­dus­trie Sch­weighofer and of Bri­tish Amer­i­can To­bacco.

Newspapers in English

Newspapers from Bulgaria

© PressReader. All rights reserved.