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Deloitte Central Europe Top 500, 2014
The 2014 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 market trends and innovation.
“Central European countries are in the process of changing themselves. They are turning away from a focus on low-cost labour to become knowledge-based economies driving the innovation that builds more competitive and profitable companies, economies, regions and continents.”
Alastair Teare, CEO of Deloitte Central Europe
The results of the 2013 ranking of the 500 largest companies in Central Europe illustrate an uncertain situation in the region. They show a deteriorating economic position and unstable geopolitical situation affecting the performance of CE enterprises.
The CE Top 500 Ranking is divided almost 50:50 between those companies that recorded growth and those showing a decline in revenues. It is the third edition in a row when the number of companies seeing a decrease in their revenues grew, from 97 in 2010 to 227 in 2013.
The revenue level of the largest companies in the region was stable. The average revenue increase was 0.0%, as compared to 3.3% in 2012. The combined revenues of all the companies in the Ranking went down by 0.4% to EUR 712 billion, compared to a rise of 3.8% last year. Additionally, available financial results from Q1 2014 indicate an economic slowdown, with a decrease in revenues of -3.1%.
To learn more about this year’s trends and insights download your copy of the report.