Against the bleak backdrop of the Covid-induced global economic slump, the combined revenue of the SEE TOP 100 companies dropped by 7% to 120 billion euro, compared to record high 129.3 billion euro booked by the participants in the ranking a year ago, according to the 14th edition of the SEE TOP 100 list published by SeeNews.
While the decline in the revenues of the biggest companies in the region was modest, their combined profit shrank by a quarter to 3.5 billion euro, wiping out three years of gains, according to SeeNews’ list.
This year’s SEE TOP 100 list features 12 Serbian companies. The PE Elektroprivreda Srbije is the highest-ranking Serbian company, in the 8th spot, with revenues of EUR 2.6 billion in 2020. The list also features Naftna Industrija Srbije (22nd; EUR 1.4 billion), Delhaize Srbija (48th; EUR 964 million), Telekom Srbija (60th; EUR 823 million) and Tigar Tyres (63rd; EUR 816 million).
The PE Srbijagas is 68th, and Elektrodistribucija Srbije (formerly EPS Distribucija) is 71st, whereas Mercator-S is 77th. Nelt placed 81st, whereas Serbia Zijin Copper is 85th.
Infrastructure Development and Construction placed 91st, whereas HBIS Group is 98th.
Automobile Dacia, a unit of France’s Renault, leads the ranking for a seventh year running even though its revenue declined by an annual 26% to 3.8 billion euro.
Тhe SEE TOP 100 ranking covers non-financial companies registered in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, North Macedonia, Moldova, Montenegro, Romania, Serbia and Slovenia.
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