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ON the PATH of RECOVERY TOP 100 COMPANIES > PAGE 6 CROATIA, KOSOVO, MACEDONIA, MOLDOVA, MOLDOVA, MACEDONIA, KOSOVO, CROATIA, MONTENEGRO, ROMANIA, SERBIA, SLOVENIA ALBANIA, BOSNIA AND HERZEGOVINA, BULGARIA, BULGARIA, ALBANIA, BOSNIA AND HERZEGOVINA, ON THE PATH ROMANIA’S BCR SHINES NO QUICK RECOVERY FOR OF RECOVERY AGAIN IN TOP 100 BANKS SEE INSURERS IN 2011 RANKING TOP 100 COMPANIES TOP 100 BANKS TOP 100 INSURERS > PAGE 6 > PAGE 22 > PAGE 30 interviews, analyses, features and expert commentsperspective for to anthe additional SEE market real-time coverage of business and financial news from SEE investment intelligence in key industries Real-time solutions for your business in Southeastast Europe The business news and analyses of SeeNews are also available on your Bloomberg and Thomson Reuters terminals. wire.seenews.com editorial This fi fth annual edition of SeeNews TOP 100 SEE has tried to build on the previous issues by off ering even richer content, more features, analyses and a variety of views on the economy of Southeast Europe (SEE) and the region’s major companies. We have prepared an entirely new ranking called TOP 100 listed companies, part of the TOP listed companies section, giving its rationale along with a feature story on the stock exchanges in the region. For the fi rst time we have included research on Turkey and Greece, setting the scene for companies from the two countries to enter the TOP 100 rankings in the future. The scope has been broadened with a chapter dedicated to culture and the leisure industry, called SEE colours, which brings the region into the wider context of united Europe. One of the highlights of the 2012 edition is a feature writ- ten by the President of the European Bank for Reconstruc- tion and Development, Sir Suma Chakrabarti. The issue also includes a series of interviews with top managers from SEE, feature stories by experts in human resources, sustainability and marketing. Our journal- ists have contributed reviews on non-performing loans, M&A, generic drugs, renewable energy, bans on smok- ing, the cinema market and many more. The new content features analyses of the IT and automotive sectors, along with detailed industry profi les prepared by our Research on Demand department. Last but not least, our exclusive content partner Euro- monitor International gives a macroeconomic perspec- tive on SEE with an in-depth analysis on sectors whose performance has been on the rise in times of recession, a macroeconomic forecast for the SEE economies and thorough profi les of the 11 SEE countries of the previous rankings plus profi les of Turkey and Greece for the fi rst time in the fi ve-year history of the edition. Mira Karadzhova Editor-in-chief 1 contents Editor-in-chief: Mira Karadzhova TOP 100 Senior editors: Valentina Gerasimova, Nevena Krasteva 4 companies Editors: Branimir Kondov, Irina Slav, Rossitsa Vachkova Analysts: Valentin Stamov, Tsvetan Ivanov, Deyan Matov Journalists: Kristina Belkina, Emiliya Atanasova, Gabriela TOP 100 Tzekova, Velizar Uzunov, Maria Russeva, Georgi Georgiev, Tsvetormira Tsanova, Tsvetan Ivanov, Valentin Stamov, 18 banks Pavel Gramatikov, Valentina Dimitrievska, Eugenia Kirilov, Martin Miliev, Trayan Koyankov, Nina Byalkova, Alexander Oleinic TOP 100 Director SeeNews: Dilyan Damyanov 28 insurers Marketing & sales: Polina Harizanova, Antonia Petkova, Penka Karidova, Gergana Arsova, Spas Spasov TOP 100 Design & prepress: Madlen Nacheva, Esenes studio 38 per capita Print: Alliance Print SeeNews, SEE TOP 100 and their logos are registered TOP 100 trademarks of AII Data Processing Ltd. 40 listed companies All rights reserved. Re-publication or re-distribution of SeeNews content, including by framing, is strictly prohibited without the prior written consent of SeeNews. TOP 100 46 industries Our partners SEE Exclusive content partner 73 sustainability Exclusive partner for Croatia Exclusive partner for Bulgaria SEE 80 corporate management Contact us: 64 Kiril i Metodiy, 1202 Sofi a, Bulgaria +359 2 8012 626/850 SEE [email protected] 88 social media top100.seenews.com @SEENEWS_TOP_100 SEE 94 colours SEENEWSTOP100 SEENEWS TOP 100 SEE SEE Disclaimer: SeeNews is not liable for the content of the 102 country profi les published advertisements. Full liability rests with the advertisers. 2 TOP 100 companies in millions of euro Total revenue Y/Y change in Net profit/loss Net profit/loss 2011 2010 Company name Country Industry 2011 revenue 2011 2010 1 1 OMV Petrom SA Romania Petroleum/Natural Gas 4 102 14.01% 853.2 419.9 2 2 INA d.d. Croatia Petroleum/Natural Gas 3 613 16.51% 261.2 239.3 3 3 Lukoil Neftochim Burgas AD Bulgaria Petroleum/Natural Gas 3 446 21.19% -69.5 -47.2 4 22 OMV Petrom Marketing SRL Romania Petroleum/Natural Gas 3 185 197.50% 29.0 26.4 5 4 Automobile-Dacia SA Romania Automobiles 3 110 15.74% 63.7 70.0 6 7 Aurubis Bulgaria AD Bulgaria Metals 2 880 47.57% 115.7 31.7 7 5 Petrol d.d. Slovenia Petroleum/Natural Gas 2 860 15.21% 11.6 37.9 8 6 Rompetrol Rafinare SA Romania Petroleum/Natural Gas 2 731 40.52% -170.3 -156.3 9 9 Naftna Industrija Srbije AD Serbia Petroleum/Natural Gas 1 983 14.24% 389.2 156.3 10 10 Lukoil-Bulgaria EOOD Bulgaria Petroleum/Natural Gas 1 783 4.04% -2.2 3.0 11 15 Rompetrol Downstream SRL Romania Petroleum/Natural Gas 1 775 23.80% -25.1 -23.1 12 8 Konzum d.d. Croatia Wholesale/Retail 1 774 5.10% 45.8 55.9 13 11 Hrvatska Elektroprivreda d.d. Croatia Electricity 1 733 3.47% 62.4 133.6 14 14 Natsionalna Elektricheska Kompania EAD Bulgaria Electricity 1 669 7.98% 35.1 52.4 15 12 Poslovni Sistem Mercator d.d. Slovenia Wholesale/Retail 1 629 -2.46% 31.1 36.8 16 New Petrotel - Lukoil SA Romania Petroleum/Natural Gas 1 594 26.66% -90.7 -70.7 17 19 British American Tobacco (Romania) Trading SRL Romania Food/Drinks/Tobacco 1 412 25.26% 73.4 51.8 18 31 Holding Slovenske Elektrarne d.o.o. Slovenia Electricity 1 365 48.32% 46.7 79.5 19 21 Kaufland Romania SCS Romania Wholesale/Retail 1 324 20.55% N/A 40.2 20 23 Lukoil Romania SRL Romania Petroleum/Natural Gas 1 266 19.56% -26.7 -38.7 21 18 JP Elektroprivreda Srbije (JP EPS) Serbia Electricity 1 262 3.83% -46.6 16.9 22 24 Arcelormittal Galati SA Romania Metals 1 178 16.96% -143.6 -79.9 23 17 Metro Cash & Carry Romania SRL Romania Wholesale/Retail 1 156 -5.88% 22.0 32.6 24 16 Revoz d.d. Slovenia Automobiles 1 135 -14.65% 13.9 18.6 25 25 Romgaz SA Romania Petroleum/Natural Gas 1 080 10.12% 238.8 152.0 26 20 Hrvatski Telekom d.d. Croatia Telecommunications 1 041 -5.85% 240.8 252.4 27 53 E.ON Energie Romania SA Romania Petroleum/Natural Gas 998.1 69.92% -44.4 -22.3 28 28 GDF SUEZ Energy Romania SA Romania Petroleum/Natural Gas 994.2 7.21% 48.5 46.5 29 56 GEN-I d.o.o. Slovenia Electricity 989.4 70.45% 8.1 10.9 30 13 Nokia Romania SRL Romania ICT Equipment 981.5 -39.81% -2.0 42.3 31 27 Krka d.d. Slovenia Pharmaceuticals 976.5 2.87% 150.4 165.9 32 29 Carrefour Romania SA Romania Wholesale/Retail 950.0 2.64% 31.0 32.8 33 42 CFR SA Romania Transportation 942.6 31.74% -164.0 -302.1 34 30 Telekom Srbija AD Serbia Telecommunications 942.4 2.08% 213.5 149.7 35 35 OMV Bulgaria OOD Bulgaria Petroleum/Natural Gas 941.3 13.47% 2.3 17.1 36 39 Prirodni Plin d.o.o.* Croatia Petroleum/Natural Gas 937.5 20.31% 0.043 -46.7 37 26 Orange Romania SA Romania Telecommunications 935.0 -4.18% 186.5 218.0 38 60 Renault Industrie Roumanie SRL Romania Automobiles 923.1 62.80% 0.2 0.2 39 37 JP Srbijagas Serbia Petroleum/Natural Gas 884.6 8.40% 12.0 8.4 40 34 Selgros Cash & Carry SRL Romania Wholesale/Retail 880.5 4.90% 20.1 23.5 41 32 Zelezara Smederevo DOO (formerly US Steel Serbia DOO) Serbia Metals 842.8 -4.02% -149.9 -142.3 42 47 Bulgargaz EAD Bulgaria Petroleum/Natural Gas 840.4 28.14% -37.4 -19.1 43 33 Vodafone Romania SA Romania Telecommunications 821.1 -2.78% 98.5 113.7 44 55 Termoelektrane Nikola Tesla DOO Serbia Electricity 764.5 28.83% 58.7 3.8 45 49 Transelectrica SA Romania Electricity 757.7 22.14% 21.0 2.2 46 48 MOL Romania Petroleum Products SRL Romania Petroleum/Natural Gas 740.9 17.14% -3.1 19.1 47 38 Hidroelectrica SA Romania Electricity 737.3 -6.64% 1.5 68.2 48 83 Telekom Slovenije d.d. Slovenia Telecommunications 730.8 -1.08% 21.3 -237.1 49 54 OMV Petrom Gas SRL Romania Petroleum/Natural Gas 722.3 23.90% 31.9 24.3 50 84 Cargill Agricultura SRL Romania Agriculture 707.7 61.85% 7.3 -14.8 4 TOP 100 companies in millions of euro Total revenue Y/Y change in Net profit/loss Net profit/loss 2011 2010 Company name Country Industry 2011 revenue 2011 2010 51 36 real,- Hypermarket Romania SRL Romania Wholesale/Retail 700.0 -13.58% -28.0 -21.2 52 41 Delhaize Serbia DOO (formerly Delta Maxi DOO) Serbia Wholesale/Retail 695.4 -7.01% -13.2 17.7 53 44 Gorenje d.d. Slovenia Electronics 694.7 2.55% 7.3 2.9 54 64 OMV Slovenija d.o.o.
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