Deloitte announces annual CE Top 500 list

Publish date

<tr> <td align="left" class="mainBody" valign="top"> <div align="left"> <font class="mediumText">Contact: Sonja Ludvig <br/> Bosnia and Herzegovina <br/> Corporate communications senior coordinator <br/> +385 (1) 23 51 900 <br/> <br/> </font> <p> <em>The annual list of 500 largest companies from 17 Central European countries, compiled by Deloitte’s experts, was announced today. Deloitte also compiled the lists of Top 50 banks and Top 50 insurance companies. Situation for Bosnia and Herzegovina is simmilar to the last year, since none of the companies entered the Top 500 list.</em> </p> <p>Deloitte’s list confirmes the regional dominance by the energy and resources sector. Among the most influential factors for the dominance of this sector are, of course, high oil prices on the global market, but also stalled privatisation of remaining state-owned assets, which is being underpinned by an increased regard for ‘economic patriotism’ across the region. On the first place remains Polish oil company PKN Orlen, followed by Hungarian MOL and Czech Škoda, which is the best ranked among manufacturing companies. Apart from energy sector, the best represented sectors on the Top 500 list are manufacturing, retail and transport, which make for total of 75 percent of companies on the list. TMT, LSI and Real Estate sectors follow, with only one quarter of companies from these sectors.</p> <p>None of the companies from Bosnia and Hercegovina entered Deloitte’s Central European Top 500 list. On the specialy created national list the highest ranked is JP Elektroprivreda BiH, followed by BH Telekom, Aluminij, EP RS, ASA Prevent Grupacija, Acelor Mittal, Telekomunikacije RS, JP Elektroprivreda HZ HB, Energoinvest and JP Hrvatske telekomunikacije. In the closer region, the largest share on the list belongs to the Croatian companies. Of 12 Croatian companies, INA holds 17th place on the CE list, followed by Agrokor and Konzum. Companies from Montenegro didn’t enter the list, while Serbia has 11 companies on the list, with Naftna Industrija Srbije as the best ranked firm.</p> <p>Apart from the general Top 500 list, Deloitte's experts provided the special Top 50 banks and Top 50 insurers in Central Europe lists. Even the brief glimpse on the numbers for the biggest banks in CE region for 2007 shows another record year. All Top 25 banks in the region increased their total revenues.</p> <p>According to Deloitte’s experts, Central European economy will maintain its impressive 5 percent growth in the near future, but only if the current reforms are to be maintained at the same pace. Based on the conversations with the CEOs from the leading CE companies, it can be concluded that the region will continue to attract foreign investors, but will have to reform its educational system as well. <br/> </p> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr> <td align="left" class="mainBody" valign="top"> <div align="left"> <p align="center"> ^### </p> <p style="FONT-SIZE: 11px"> ^{<strong>About Deloitte</strong> <br/> “Deloitte” is the brand under which tens of thousands of dedicated professionals in independent firms throughout the world collaborate to provide audit, consulting, financial advisory, risk management, and tax services to selected clients.  These firms are members of Deloitte Touche Tohmatsu, a Swiss Verein (“DTT”).  Each member firm provides services in a particular geographic area and is subject to the laws and professional regulations of the particular country or countries in which it operates.  DTT helps coordinate the activities of the member firms but does not itself provide services to clients.  DTT and the member firms are separate and distinct legal entities, which cannot obligate the other entities.  DTT and each DTT member firm are only liable for their own acts or omissions, and not those of each other.  Each DTT member firm is structured differently in accordance with national laws, regulations, customary practice, and other factors, and may secure the provision of professional services in their territories through subsidiaries, affiliates, and/or other entities.} </p> <p style="FONT-SIZE: 11px"> ^{<strong>Deloitte Central Europe</strong> is a regional organisation of entities organised under the umbrella of Deloitte Central Europe Holdings Limited, the member firm in Central Europe of Deloitte Touche Tohmatsu. Services are provided by the subsidiaries and affiliates of Deloitte Central Europe Holdings Limited, which are separate and independent legal entities. The subsidiaries and affiliates of Deloitte Central Europe Holdings Limited are among the region’s leading professional services firms, providing services through nearly 4,000 people in more than 30 offices in 17 countries.} </p> <p style="FONT-SIZE: 11px"> ^{<strong>About Deloitte Bosnia and Herzegovina <br/> </strong> <font color="#000000">In Bosnia and Herzegovina, the services are provided by Deloitte Ltd. Sarajevo and Deloitte Advisory Services Ltd. Sarajevo (jointly referred to as “Deloitte Bosnia and Herzegovina”) which are affiliates of Deloitte Central Europe Holdings Limited. Deloitte Bosnia and Herzegovina is one of the leading professional services organizations in the country providing services in four professional areas - audit, tax, consulting, risk services, and financial advisory services - through over 40 national and specialized expatriate professionals.</font>} </p> </div> </td> </tr>

Last Updated: