An era of digital transformation
2016 Deloitte Central Europe Top 500
The 2016 edition of the Deloitte CE Top 500 report ranks the largest companies from the 18 countries from Central Europe and Ukraine. In addition, it includes the opinions of some of the region's most prominent business leaders, with a focus on digital transformation.
Of all the “megatrends” affecting how companies compete and perform in the regional and global economies, digitalization is the most powerful enabler with the greatest potential for driving positive change. None of us can ignore the extent to which the continued success of Central Europe’s economy is interlinked with the digital strategies of its leading companies. So it is highly informative to read in this report about the passionate intensity with which our region’s business leaders are helping to shape their companies’ digital futures.
- Alastair Teare, CEO of Deloitte Central Europe
The majority of CE countries saw an increase in the rate of their economic growth during 2015, which translated into higher average revenues for the region’s 500 largest businesses.
The 2015 CE Top 500 ranking indicates that in 2015 the median revenues of analysed companies (denominated in euros) grew by 3.5%. That is faster than in 2014, when the increase stood at only 0.3%. The rate of growth accelerated in the Manufacturing and Consumer Business and Transportation industries.
The revenue decline we observed among Energy and Resources (E&R) businesses in 2014 decelerated. The increase in revenues generated during the year by Telecommunication companies reversed the negative trend previously registered in the Technology, Media & Telecommunications (TMT) industry.
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The top five places in the ranking remained unchanged from last year. Despite a considerable decline in revenue (down by 17.2%), PKN Orlen has retained its leadership position, followed by MOL from Hungary (despite a fall in its revenue of 15.6%) and Škoda Auto from the Czech Republic (with a rise of 6.3%). The fourth and fifth places went to Jeronimo Martins Poland and Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) respectively.