Deloitte Central Europe Top 500, 2016


Deloitte Central Europe Top 500, 2016

An era of digital transformation

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.

“Considering the overall view emerging from an analysis of this year’s ranking, one may conclude that 2015 was a good year for the largest Central European companies. This enthusiasm is slightly tempered, though, by the quarterly performance and macro-economic data. However, it should be emphasised that the first quarter is not always an accurate predictor for the entire year.”

Béla Seres
Managing Partner of Financial Advisory service line
Deloitte Central Europe

Key insights

During 2015, the median annual euro-denominated revenue growth rates of Central Europe’s 500 largest companies rose from just 0.3% in 2014 to 3.5%. This exceeds the GDP growth achieved by all but three of the 18 countries in which the companies are based – the Czech Republic (4.6%), Romania (3.8%) and Poland (3.6%).

Growth across the region was mainly driven by increasing private consumption in the largest economies, up by around 3% in Poland, Hungary and the Czech Republic and by 5.9% in Romania. Results would have been yet stronger but for the continuing geopolitical tensions in Ukraine, which led to a 9.9% decline in the country’s GDP, and the low oil price which drove a -8.1% decline in oil company revenues.

These were among the key findings of the 2016 edition of the Deloitte CE TOP 500 ranking and report, which finds the region’s business leaders concerned that early economic results for 2016 are not as encouraging as they were during 2015.

The top five places in the ranking are the same as last year. PKN Orlen retains its leadership position despite a 17.2% decline in revenue. MOL from Hungary is second once more, despite a 15.6% fall in its revenue. Škoda Auto from the Czech Republic is third (with a rise of 6.3%). Fourth and fifth places go to Jeronimo Martins Poland and Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) respectively.

(PDF, in English)

Top companies and banks

Top 20 companies

Ranking Short company name Country Net sales revenue 2013 Industry
1 PKN Orlen Poland         27,037.2 Energy
2 MOL Hungary         18,121.1 Energy
3 ŠKODA AUTO Czech Republic         10,311.2 Manufacturing
4 Metinvest Ukraine          9,619.0 Manufacturing
5     ↑
DTEK Ukraine          8,721.6 Energy
6 ČEZ Czech Republic          8,344.0 Energy
7     ↑
Energorynok Ukraine          8,033.1 Energy
8     ↑
Jeronimo Martins Polska Poland          7,806.4 Consumer business
9     ↑
PGNiG Poland          7,627.7 Energy
10 PGE Poland          7,158.6 Energy
11   ↓
Naftogaz of Ukraine Ukraine          7,010.8 Energy
12   ↓
RWE Supply & Trading CZ Czech Republic          6,920.8 Energy
13   ↓
Lotos Poland          6,791.1 Energy
14 Volkswagen Slovakia Slovakia          6,524.3 Manufacturing
15   ↑
Orlen Lietuva Lithuania          6,067.3 Energy
16   ↑
AUDI Hungaria Motor Hungary          5,856.3 Manufacturing
17   ↑
AGROFERT Czech Republic          5,825.9 Manufacturing
18   ↓
KGHM Poland          5,725.5 Energy
19   ↓
Petrom Romania          5,477.1 Energy
20   ↑
GE Infrastructure CEE Hungary          5,187.5 Manufacturing

Top 10 banks

Ranking Short name of bank Country Total assets 2013
1 PKO Bank Polski Poland              48,039.9
2     ↑
Bank Pekao Poland              38,223.9
3     ↓
ČSOB Czech Republic              37,855.1
4 Česká spořitelna Czech Republic              35,436.9
5 OTP Bank Hungary              34,963.6
6 Komerční banka Czech Republic              31,605.2
7    ↑
BZ WBK Poland              25,580.9
8    ↓
mBank Poland              25,145.3
9    ↓
ING Bank Śląski Poland              20,917.9
10 PrivatBank Ukraine              18,928.8
Download the full report here (PDF, English, 72 pages)


Previous Deloitte Central Europe Top 500 reports may be downloaded from here:

201520142013 | 2012 | 2011 | 2010 | 2009 | 2008

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