The combined revenue of the 100 largest companies in Southeast Europe, including 12 from Serbia, fell by seven percent in 2020, to 120 billion euros, according to the 14th edition of the SEE TOP 100 list, published by SeeNews on Monday.
Although the decline in revenues of the largest companies in the region was modest, their combined profit fell by a quarter to 3.5 billion euros, wiping out three-year gains, according to the SeeNews rankings.
On this year’s SEE TOP 100 list, among 12 Serbia’s companies, public enterprise Elektroprivreda Srbije is the best-ranked 8th, with revenues of 2.6 billion euros in 2020.
The list also includes the Petroleum Industry of Serbia (NIS) in 22nd place, with revenue of 1.4 billion euros, Delhaize Serbia in 48th place with 964 million euros in revenue, Telekom Srbija in 60th place with 823 million euros in revenue and Tigar Tires at 63rd place with 816 million euros in revenue.
The SEE TOP 100 ranking, the annual ranking of the largest companies in Southeast Europe by total revenues for the fiscal year, for 2020 shows automaker Dacia still the first for the seventh year in a row, although its revenues have been reduced by 26 percent a year and amounted to 3.8 billion euros.
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