Slovenia again performed best in the Top 50 SEE per capita ranking, which tracks the importance of individual companies for local economies, well ahead of regional peers. However, the number of Slovenian entrants in the list fell to 17 from 21 in the 2015 edition, while secondplaced Montenegro with seven companies added two entrants.
Slovenia landed a total of seven companies in the ranking's top 10, including the medal winners. Energy group Petrol topped the list for the ninth consecutive year, with a huge margin, despite a 10% drop in per capita revenue to 1,510 euro. Second came electricity and gas trader GEN-I with an impressive 35% growth to 868 euro that pushed it three places higher. Retailer Mercator took the bronze again with 700 euro per capita revenue, down 5.4% from 2014.
Montenegro's best performer was power utility Elektroprivreda Crne Gore, ranking one spot down at 11th place despite a 0.6% rise in per capita revenue. Wholesaler and retailer Voli Trade, which was among the most remarkable newcomers in last year's rankings, advanced three places to 16th with a 9.3% revenue growth.
Croatian firms in the rankings remained six, as the top entrant, oil and gas group INA, posted a 15% drop in per capita revenue, which brought it down to 7th place from 2nd last year.
Macedonia and Serbia had five companies on the list each. The Macedonian unit of UK specialty chemicals company Johnson Matthey was the country's top performer, climbing three positions to 5th thanks to a 29% revenue growth. The most important company for Serbia's economy, oil and gas group NIS, ranked 20th, down from 22nd in 2015 due to an 18% drop in per capita revenue.
Bulgaria and Romania followed with four and three firms in the list, respectively. Oil refiner Lukoil Neftochim Burgas remained the top Bulgarian performer, but lost five places to 12th with a 24% drop in revenue. Romania's highest entry, car maker Dacia, was 25th, gaining two places from 2015 with a 10% rise in revenue.
Albania and Bosnia round off the rankings with two and one representatives, respectively. Bosnia's entrant, utility Elektroprivreda, moved up four places to 47th, while Albania's top performer, fuel retailer Kastrati, lost nine positions to 48th.
In a breakdown by sector, energy companies dominated the ranking, trailed by wholesalers and retailers, and telecoms.