Seeds for growth
2015 Deloitte Central Europe Top 500
The 2015 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 sustainability and sustainable growth.
“The acknowledgement of the importance of sustainability and the responsibility to contribute to society is a clear sign of the increasing maturity and sophistication of the region’s largest companies. Sustainable growth is a key component to ensure their success, not just over the next one to five years but for the long-term future."
Alastair Teare, CEO of Deloitte Central Europe
The results of the 2014 ranking of the 500 largest companies in Central Europe illustrate a slightly improving overall situation in the region. Except for the unstable geopolitical situation in the Ukraine, the largest CE companies show signs of economic recovery.
In the CE Top 500 ranking there were more companies that recorded growth than those showing a decline in revenues. In this edition, for the first time in four years, there has been an increase in the number of companies in this ranking seeing revenue growth (52% vs. 49.8% in 2013).
The revenue level of the largest companies in the region was stable. The average revenue increased by 0.3%, as compared to a 0.0% average change in 2013. However, the total revenues of all the companies in the ranking went down by 1.8% (vs. a decline of 0.4% last year) to EUR 682 billion.
Additionally, available financial results from Q1 2015 suggest economic recovery, with a 1.7% total increase by in EUR and 3.6% in local currencies, which shows the negative influence of the foreign exchange market
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The revenue posted by all the companies in the ranking totalled EUR 682bn, a 1.8 per cent year-on-year decrease. The minimum revenue for a company to qualify for the CE Top 500 ranking (EUR 459 million) was 3.7 per cent lower than in the previous ranking (EUR 477 million).