Most dy­namic

Top 100 See - - Contents - By Djordje Daskalovich

The Ro­ma­nian unit of French re­tailer Auchan took the crown in the rank­ing of the most dy­namic com­pa­nies among the en­trants in the SEE TOP 100 chart, af­ter it recorded a surge in rev­enue of 63.08%. The com­pany's growth in rev­enue comes on the back of ex­pan­sion of its net­work - in 2014 Auchan con­cluded an agree­ment to ac­quire 12 hy­per­mar­kets and shop­ping cen­tres in Ro­ma­nia for some 280 mil­lion euro. The pre­vi­ous year, Auchan bought 20 out of the 24 Real hy­per­mar­kets in Ro­ma­nia from Ger­man re­tailer Metro.

The com­pany's growth is also in­dica­tive of the gen­eral up­trend in the per­for­mance of the whole­sale and re­tail industry re­flect­ing the in­creas­ing con­sump­tion in South­east Europe as eco­nomic growth in the re­gion gains mo­men­tum. More than a fifth of the en­trants in the SEE Most Dy­namic rank­ing came from this very industry, as most set­tled in com­fort­ably in the up­per part of the rank­ing.

Apart from Auchan Ro­ma­nia, two other re­tail­ers, also reg­is­tered in Ro­ma­nia, ranked among the top 10. These were Dede­man which recorded a 26.91% rise in rev­enue and placed sev­enth in the rank­ing, and Profi Rom Food, which landed at the eighth spot on a 25.73% rise in rev­enue. Dede­man has an­nounced plans to ex­pand its net­work to 50 out­lets by the end of 2015. Profi, owned by Pol­ish Enterprise Fund VI, a pri­vate eq­uity fund man­aged by Enterprise In­vestors, has been very ac­tively grow­ing its net­work in the past cou­ple of years, with plans to dou­ble the num­ber of its stores to 600 by the end of 2016.

An­other industry that can be viewed as a marker for the re­gion's ac­cel­er­at­ing eco­nomic re­cov­ery is the au­to­mo­tive industry. A to­tal of eight com­pa­nies in­volved in car or car parts man­u­fac­tur­ing made it into the rank­ing. The high­est ranked rep­re­sen­ta­tive of this industry is Slove­nia's Revoz, which came in fifth, with a 28.6% jump in rev­enue. An­other one that landed within the top 10 was Ro­ma­nia's Re­nault Com­mer­cial Roumanie, hav­ing recorded a rise in rev­enue of 22.32%, which earned it the no.10 spot. Six of the eight en­trants came from the big­gest econ­omy in SEE, Ro­ma­nia, while the re­main­der are based in Slove­nia.

Ro­ma­nia's Sil­co­tub, part of Steel group Te­naris took the fourth po­si­tion, record­ing a 29.46% rise in rev­enue. The com­pany pro­duces small di­am­e­ter seam­less steel pipes used in a range of in­dus­tries, in­clud­ing the au­to­mo­tive industry, and the overal growth in that sec­tor may have given it a bit of a nudge.

Mace­do­nian spe­cialty chem­i­cals com­pany John­son Matthey also had a good year, land­ing sec­ond with a rev­enue rise of 48.34%. Croa­t­ian dis­tri­bu­tion sys­tem op­er­a­tor HEPOper­a­tor Distribu­ci­jskog Sus­tava came in third with an in­crease in rev­enue of 37.88%. In late 2013, John­son Matthey of­fi­cially opened a 60 mil­lion euro emis­sion con­trol cat­a­lyst plant in Mace­do­nia, its sec­ond in the South­east Euro­pean coun­try. The com­pany said at the time that the new plant was ex­pected to in­crease the com­pany's sales out­side Mace­do­nia. It most cer­tainly did a good job.

The top 10 places were rounded off by Croa­t­ian drug maker Pliva, which in­creased its rev­enue by 22.63% last year and ranked ninth. Pliva, part of Israel's Teva Group, opened a new plant near Za­greb in 2013 for pro­duc­tion of solid oral drug forms that was sup­posed to sig­nif­i­cantly im­prove the com­pany's ca­pac­ity for pro­duc­tion of tablets and cap­sules and boost its ex­ports.

Pe­tro­leum and nat­u­ral gas pro­duc­ers were dom­i­nant in the rank­ing, hav­ing 14 en­trants, dis­persed from the no. 6 spot to the last place. The high­est ranked com­pany from this industry is Ro­ma­nia's Romgaz, with an in­crease in rev­enue of 28.1%. It should be noted here that the oil and gas industry, which dom­i­nates the SEE TOP 100 rank­ing and has eight rep­re­sen­ta­tives among the ten big­gest com­pa­nies in the re­gion, had only one rep­re­sen­ta­tive in the top 10 most dy­namic com­pa­nies.

En­ergy sec­tor had the big­gest num­ber of en­trants in the rank­ing, 20. Whole­sale and re­tail fol­lowed with 11 rep­re­sen­ta­tives while cars and car parts mak­ers came in third, tak­ing 8 spots.

As many as 28 out of the to­tal 50 en­trants came from Ro­ma­nia. Slove­nia fol­lowed with 8 rep­re­sen­ta­tives while Croa­tia and Bulgaria shared the third spot with five en­trants each.

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