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September 27, 2020

Deloitte: 46 Romanian companies in Central Europe Top 500

The number of Romanian companies present in Deloitte’s Central Europe Top 500 has grown from 42 last year to 46 this year, Romania climbing one position to 4th place. The total revenues of the Romanian companies included in the rankings have grown by approximately 7 per cent to EUR 46 bln.
Romania remains one of the most attractive destinations for investments, the biggest Romanian companies present in Top 500 registering an average annual revenue growth rhythm of 5.3 per cent, compared to the region’s average revenue growth rhythm of just 0.3 per cent, according to this year’s edition of Deloitte’s rankings.
“The rank that Romanian has within Deloitte’s Central Europe Top 500 table certainly reflects the investors’ interest as well as its good positioning. With constant micro-economic growth, Romania is among the regional champions in what concerns economic growth. This evolution is expected to continue, and this greatly depends on the country’s political, legislative and fiscal stability, which represents a key-element for the significant development of the economic and business environment,” Ahmed Hassan, Country Managing Partner Deloitte Romania, stated.
In what concerns the shareholders of Romanian companies present in the rankings, most of them are multinational companies (36) and only three are companies owned by Romanian entrepreneurs.
Compared to last year, Romania has the same number of representatives within the banks’ and insurance companies’ rankings: six banks and four insurance companies. With total assets of EUR 51.9 bln, the banking sector registered slight growth, up from EUR 51.1 bln last year. The rankings remained unchanged, Banca Comerciala Romana (BCR) being first, followed by BRD-Groupe Societe Generale and Banca Transilvania.
The 9th edition of the Deloitte Central Europe Top 500 report includes 18 countries from Central Europe plus Ukraine (500 companies, 50 banks and 50 insurance companies).

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