Polish companies dominate Deloitte's CE Top 500 ranking
Polish enterprises have dominated this year’s ranking of 500 biggest CE firms by revenue prepared by consultancy Deloitte. As many as 170 enterprises on the list come from Poland. The second most represented country, the Czech Republic, sports a significantly lower number at 79 (down by a notch from the previous edition) so Poland’s lead in the region remains unquestionable.
Of those Polish firms, 64% enjoyed revenue growth, according to the ranking based on 2014 data, while 33% suffered a decline.
Polish enterprises took the lead not only in terms of the number of firms that made it to the list, but also by size of these companies. Half of the top ten enterprises are Poland-based concerns.
Refiner PKN Orlen has maintained its long-standing first position. Jeronimo Martins Polska, the Polish unit of Portuguese retail giant Biedronka, ranked #4, while PGNiG natural gas came the fifth. Orlen’s competitor Lotos made it to the ninth position and PGE power is #10.
2015 edition of the ranking showed that 52.0% regional companies managed to improve their revenues y/y, up from 49.8% a year earlier. The ranking leader, PKN Orlen, still outdistances the runner-up, Hungary’s oil concern MOL, by nearly EUR 10 bln, despite a 5.5% y/y revenue decline. MOL’s revenues, however, dropped by 13.3% in 2014.
Of the notable changes in this year’s edition, Jeronimo Martins Polska moved up to #4 from #8 position, while Audi Hungaria Motor and Lotos appeared in the top ten (#7 and #9, respectively). Ukrainian companies saw a clear drop in revenues, largely due to the difficult situation, political changes and hryvnia weakening. Moreover, a significant share of Ukrainian companies present in the ranking are energy or heavy industry firms. Two Ukrainian firms dropped out of the top ten in 2015 ranking: DTEK and Energorynok power, whose revenues sank by 33.1% and 29.6%, respectively.
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