Telekom most profitable, Farmakom incurs biggest loss – See the list of top 100 companies in Serbia

The most profitable business entity in 2015 is Telekom Srbija, which surpassed NIS in net profit. Telekom made a net profit of RSD 16.3 billion, which is, however, lower than last year's profit of RSD 16.9 billion. The result was made thanks to a mild increase in revenues (3.5%), amounting to RSD 88.7 billion.

The list of the top 100 business entities was prepared by the Serbian Business Registers Agency, based on analyzing and ranking the data related to 90,400 business entities by their operating success – revenues and net profit, by financial capacities – operating property and assets, and by losses – net loss and total loss.

Having incurred the greatest net loss (RSD 58 billion, compared to RSD 1.2 billion in the previous year), The Concern Farmakom MB Sabac AD Mlekara Sabac in bankruptcy has the dubious honor of placing first on the list of business entities with greatest net losses. This is mostly due to operating net losses, expenses arising from changes in accounting policy and various corrections (RSD 56.2 billion). As a consequence, the company made a great total loss at RSD 60.9 billion, which made it place fifth on the list of companies with the greatest total losses. At the same time, the number of employees, compared to 2014, dropped from 457 to 70.

Zelezara Smederevo also incurred a large net loss at RSD 17.7 billion, 54.3% more than last year, which caused it to place second on the list. PE Roads of Serbia placed third, having incurred a net loss of RSD 9.6 billion.

The complete list can be found HERE.

Agencija za privredne registre

Telekom Srbija a.d. Beograd

NIS a.d. Novi Sad

Koncern Farmakom MB Šabac

Mlekara a.d. Šabac

Železara Smederevo d.o.o.

Serbian Business Registers Agency

SBRA

Telekom Srbija

Naftna Industrija Srbije

NIS

Concern Farmakom MB Sabac AD Mlekara Sabac

Zelezara Smederevo

most profitable enterprises

top 100 business entities list

enterprises with greatest losses