SEE TOP 100, 15th edition
Boosted by the post-pandemic economic upswing, the biggest companies in Southeast Europe booked double-digit growth in revenues and profit in 2021.
The top one hundred companies in Southeast Europe closed 2021 with combined revenues of 153.8 billion euro, 28% higher than the total revenues of the entrants in the ranking a year earlier and surpassing by far the 129.3-billion euro level reached in 2019.
The rise in their profits was even more remarkable – by 83% to 6.4 billion euro.
The oil and gas industry emerged as the top performer in terms of both revenues and profit, replacing the 2020 winner — the wholesale and retail sector. The oil and gas companies in SEE TOP 100, which a year earlier saw their combined revenue shrink by a quarter as a result of the economic slump, travel bans and low commodity prices, increased their aggregate revenue by 54% in 2021, while profits more than doubled. Twenty-one oil and gas companies entered the ranking.