Annual ranking of the biggest companies in Southeast Europe
SEE TOP 100 ranks the biggest companies in Southeast Europe by total revenue for the fiscal year ended December 31, 2021. Both 2021 figures and 2020 comparative counterparts are sourced from 2021 annual non-consolidated reports.
All data is sourced from national commercial registers, stock exchanges, government and corporate websites, industry regulators, local business information providers and companies themselves.
Gross written premium and net profit/loss figures are in millions of euro.
Rank 2021 | Rank 2020 | Company name | Country | Industry | Total revenue 2021 | Total revenue 2020 | Y/Y change in revenue | Net profit/loss 2021 | Net profit/loss 2020 | Rank by net profit/loss |
1 | 2 | OMV Petrom SA | Romania | Petroleum/Natural Gas | 6043.5 | 3808.4 | 60.36% | 546.3 | 283.7 | 2 |
2 | 1 | Automobile-Dacia SA | Romania | Automobiles | 4398.0 | 3814.4 | 16.52% | 101.3 | 61.2 | 23 |
3 | 3 | OMV Petrom Marketing SRL | Romania | Petroleum/Natural Gas | 3858.8 | 2996.8 | 30.12% | 102.0 | 67.4 | 22 |
4 | 9 | Petrol d.d. | Slovenia | Petroleum/Natural Gas | 3858.6 | 2468.8 | 56.29% | 66.5 | 28.9 | 32 |
5 | 4 | Aurubis Bulgaria AD | Bulgaria | Metals | 3781.6 | 2761.6 | 36.93% | 149.4 | 135.4 | 15 |
6 | 12 | GEN-I d.o.o. | Slovenia | Electricity | 3617.6 | 2148.6 | 68.37% | 73.5 | 14.7 | 28 |
7 | 5 | Lidl Discount SRL | Romania | Wholesale/Retail | 3056.5 | 2667.5 | 15.79% | 149.9 | 155.3 | 14 |
8 | 15 | INA d.d. | Croatia | Petroleum/Natural Gas | 3046.0 | 1900.4 | 60.02% | 169.2 | -123.8 | 13 |
9 | 75 | Independent Bulgarian Energy Exchange EAD | Bulgaria | Electricity | 3030.8 | 700.4 | 332.70% | 4.0 | 3.0 | 81 |
10 | 8 | JP Elektroprivreda Srbije | Serbia | Electricity | 2867.7 | 2566.5 | 12.07% | -127.1 | 101.1 | 99 |
11 | 6 | Kaufland Romania SCS | Romania | Wholesale/Retail | 2847.8 | 2650.7 | 8.57% | 180.3 | 199.3 | 12 |
12 | 30 | Prvo Plinarsko Drustvo d.o.o. | Croatia | Petroleum/Natural Gas | 2798.6 | 1298.8 | 115.11% | 34.8 | 30.1 | 43 |
13 | 17 | Holding Slovenske Elektrarne d.o.o. | Slovenia | Electricity | 2746.3 | 1870.7 | 46.81% | 18.9 | -226.9 | 56 |
14 | 18 | Rompetrol Rafinare SA | Romania | Petroleum/Natural Gas | 2646.1 | 1800.0 | 48.56% | -91.7 | -132.6 | 97 |
15 | 13 | Rompetrol Downstream SRL | Romania | Petroleum/Natural Gas | 2510.7 | 1936.4 | 31.03% | 18.8 | 20.4 | 57 |
16 | 10 | British American Tobacco (Romania) Trading SRL | Romania | Food/Drinks/Tobacco | 2495.2 | 2363.3 | 6.70% | 31.2 | 28.4 | 47 |
17 | 62 | Belektron d.o.o. | Slovenia | Financial Services | 2460.6 | 818.0 | 200.82% | 77.8 | 9.5 | 27 |
18 | 22 | Naftna Industrija Srbije AD | Serbia | Petroleum/Natural Gas | 2423.8 | 1483.5 | 63.86% | 196.7 | -50.4 | 11 |
19 | 7 | Ford Romania SA | Romania | Automobiles | 2376.4 | 2575.4 | -6.75% | 12.5 | 15.9 | 69 |
20 | 29 | Natsionalna Elektricheska Kompania EAD | Bulgaria | Electricity | 2106.7 | 1311.0 | 60.70% | 332.4 | 23.7 | 6 |
21 | 11 | Dedeman SRL | Romania | Wholesale/Retail | 2093.0 | 2182.5 | -3.09% | 341.1 | 298.7 | 5 |
22 | 19 | Johnson Matthey DOOEL | North Macedonia | Chemicals | 2077.1 | 1742.0 | 19.02% | 79.8 | 68.4 | 25 |
23 | 14 | Profi Rom Food SRL | Romania | Wholesale/Retail | 2071.1 | 1902.8 | 9.99% | -26.6 | -25.5 | 93 |
24 | 36 | Gorenje d.o.o. | Slovenia | Electronics | 2062.2 | 1219.9 | 69.05% | -1.2 | -11.5 | 86 |
25 | 41 | Liberty Galati SA | Romania | Metals | 2032.7 | 1079.5 | 90.29% | 276.4 | -10.5 | 7 |
26 | 16 | Carrefour Romania SA | Romania | Wholesale/Retail | 1945.1 | 1877.5 | 4.69% | 67.0 | 48.4 | 31 |
27 | new | Compania Nationala de Administrare a Infrastructurii Rutiere SA – CNAIR | Romania | Construction | 1741.5 | 1168.7 | 50.59% | 12.3 | 1.8 | 70 |
28 | 57 | Astra Bioplant EOOD | Bulgaria | Petroleum/Natural Gas | 1706.1 | 860.9 | 98.19% | 116.1 | 20.2 | 19 |
29 | 27 | Engie Romania SA | Romania | Petroleum/Natural Gas | 1665.0 | 1394.1 | 20.69% | 14.3 | 102.4 | 66 |
30 | 40 | Lukoil-Bulgaria EOOD | Bulgaria | Petroleum/Natural Gas | 1649.7 | 1109.7 | 48.67% | 38.5 | 4.9 | 40 |
31 | 38 | MOL Romania Petroleum Products SRL | Romania | Petroleum/Natural Gas | 1615.8 | 1146.5 | 42.42% | 71.1 | 57.7 | 30 |
32 | 34 | Lukoil Romania SRL | Romania | Petroleum/Natural Gas | 1612.4 | 1229.2 | 32.56% | 32.6 | 30.7 | 45 |
33 | 23 | Mega Image SRL | Romania | Wholesale/Retail | 1521.4 | 1488.1 | 3.32% | 21.9 | 32.8 | 55 |
34 | 26 | Dante International SA | Romania | Wholesale/Retail | 1505.3 | 1395.3 | 9.03% | -37.0 | 22.0 | 94 |
35 | 32 | Metro Cash & Carry Romania SRL | Romania | Wholesale/Retail | 1490.2 | 1270.4 | 18.54% | 13.3 | 15.9 | 68 |
36 | 51 | E.ON Energie Romania SA | Romania | Petroleum/Natural Gas | 1455.3 | 919.9 | 59.87% | 9.8 | -1.2 | 73 |
37 | 21 | Star Assembly SRL | Romania | Automobiles | 1448.0 | 1530.2 | -4.37% | 66.3 | 49.8 | 33 |
38 | 28 | Konzum Plus d.o.o. | Croatia | Wholesale/Retail | 1425.8 | 1334.6 | 6.66% | 5.4 | -33.6 | 79 |
39 | 24 | Krka d.d. | Slovenia | Pharmaceuticals | 1412.7 | 1484.0 | -4.80% | 245.2 | 258.5 | 8 |
40 | 84 | AETs Kozloduy EAD | Bulgaria | Electricity | 1391.9 | 652.1 | 113.44% | 455.2 | 141.0 | 3 |
41 | 33 | Hrvatska Elektroprivreda d.d. | Croatia | Electricity | 1379.4 | 1251.7 | 10.02% | 140.9 | 185.9 | 17 |
42 | 64 | Hidroelectrica SA | Romania | Electricity | 1351.0 | 807.9 | 68.98% | 613.6 | 298.1 | 1 |
43 | 35 | Lek d.d. | Slovenia | Pharmaceuticals | 1298.9 | 1222.9 | 6.22% | 147.0 | 140.3 | 16 |
44 | 37 | Orange Romania SA | Romania | Telecommunications | 1298.8 | 1181.8 | 11.06% | 121.3 | 94.7 | 18 |
45 | 39 | Auchan Romania SA | Romania | Wholesale/Retail | 1287.8 | 1142.1 | 13.95% | 17.3 | 20.7 | 61 |
46 | 56 | Romgaz SA | Romania | Petroleum/Natural Gas | 1274.4 | 863.1 | 49.21% | 398.8 | 262.6 | 4 |
47 | 31 | Poslovni Sistem Mercator d.d. | Slovenia | Wholesale/Retail | 1239.6 | 1247.4 | -0.63% | -3.1 | -55.4 | 88 |
48 | 42 | Altex Romania SRL | Romania | Wholesale/Retail | 1226.5 | 1073.3 | 15.48% | 26.3 | 25.3 | 51 |
49 | 43 | Electrica Furnizare SA | Romania | Electricity | 1222.3 | 1056.6 | 16.90% | -94.1 | 47.9 | 98 |
50 | 25 | Revoz d.d. | Slovenia | Automobiles | 1220.3 | 1401.2 | -12.91% | 5.8 | -1.6 | 78 |
51 | 86 | Ameropa Grains SA | Romania | Agriculture | 1172.2 | 648.1 | 82.79% | 12.1 | 0.9 | 71 |
52 | 98 | HBIS Group Serbia Iron & Steel DOO | Serbia | Metals | 1123.2 | 563.2 | 100.03% | 201.9 | -51.6 | 10 |
53 | 47 | REWE (Romania) SRL | Romania | Wholesale/Retail | 1101.1 | 975.6 | 14.05% | 25.0 | 17.5 | 53 |
54 | new | Bulgargaz EAD | Bulgaria | Petroleum/Natural Gas | 1091.9 | 360.0 | 203.28% | 32.7 | 20.3 | 44 |
55 | new | Interenergo d.o.o. | Slovenia | Electricity | 1088.4 | 462.1 | 135.52% | 2.9 | 1.1 | 82 |
56 | 85 | Serbia Zijin Copper DOO | Serbia | Metals | 1075.4 | 660.6 | 63.27% | 202.2 | 71.7 | 9 |
57 | 68 | JP Srbijagas | Serbia | Petroleum/Natural Gas | 1031.7 | 781.0 | 32.49% | 32.1 | 25.5 | 46 |
58 | 74 | Saksa OOD | Bulgaria | Petroleum/Natural Gas | 1029.4 | 720.4 | 42.89% | 9.6 | 8.3 | 74 |
59 | 48 | Delhaize Serbia DOO | Serbia | Wholesale/Retail | 1026.9 | 964.0 | 6.84% | 25.3 | 33.5 | 52 |
60 | 78 | Impol d.o.o. | Slovenia | Metals | 1024.4 | 680.9 | 50.45% | 36.5 | 7.4 | 42 |
61 | 46 | Vodafone Romania SA | Romania | Telecommunications | 1005.1 | 978.0 | 3.85% | -83.5 | -44.0 | 96 |
62 | 45 | Samsung Electronics Romania SRL | Romania | Electronics | 987.9 | 1014.6 | -1.60% | 15.2 | 20.1 | 63 |
63 | 59 | Robert Bosch SRL | Romania | Automobiles | 987.9 | 827.2 | 20.69% | 23.4 | 12.0 | 54 |
64 | 54 | Kaufland Bulgaria EOOD & Co KD | Bulgaria | Wholesale/Retail | 970.2 | 889.6 | 9.06% | 60.5 | 43.4 | 34 |
65 | 58 | RCS & RDS SA | Romania | Telecommunications | 969.9 | 855.2 | 14.61% | 102.9 | 50.0 | 21 |
66 | 53 | Fildas Trading SRL | Romania | Wholesale/Retail | 966.1 | 896.4 | 8.92% | 43.0 | 32.9 | 38 |
67 | new | Tinmar Energy SA | Romania | Electricity | 961.2 | 512.3 | 89.59% | 29.0 | 23.1 | 49 |
68 | 60 | Telekom Srbija AD | Serbia | Telecommunications | 960.6 | 823.0 | 17.06% | 111.8 | 47.0 | 20 |
69 | new | Complexul Energetic Oltenia SA | Romania | Electricity | 957.9 | 484.3 | 99.89% | -309.6 | -192.9 | 100 |
70 | 52 | Mediplus Exim SRL | Romania | Wholesale/Retail | 954.6 | 910.8 | 5.91% | 14.8 | 24.8 | 65 |
71 | 71 | Elektrodistribucija Srbije DOO | Serbia | Electricity | 897.1 | 772.1 | 16.52% | 0.3 | -15.5 | 83 |
72 | 63 | Tigar Tyres DOO | Serbia | Rubber/Rubber Products | 890.4 | 814.3 | 9.66% | 77.9 | 78.6 | 26 |
73 | new | Spar Slovenija d.o.o. | Slovenia | Wholesale/Retail | 874.3 | 827.0 | 5.71% | 16.7 | 10.4 | 62 |
74 | 66 | Lidl Hrvatska d.o.o. k.d. | Croatia | Wholesale/Retail | 872.0 | 803.4 | 8.53% | 50.5 | 36.5 | 36 |
75 | 80 | Michelin Romania SA | Romania | Rubber/Rubber Products | 860.0 | 666.0 | 30.48% | 29.1 | 13.3 | 48 |
76 | 89 | Cargill Agricultura SRL | Romania | Agriculture | 857.1 | 638.3 | 35.68% | 6.5 | 6.4 | 77 |
77 | 61 | Selgros Cash & Carry SRL | Romania | Wholesale/Retail | 843.7 | 822.0 | 3.73% | 13.5 | 12.8 | 67 |
78 | new | Crodux Derivati Dva d.o.o. | Croatia | Petroleum/Natural Gas | 834.4 | 511.8 | 62.76% | 12.0 | 12.0 | 72 |
79 | 72 | Autoliv Romania SRL | Romania | Automobiles | 834.0 | 738.2 | 14.17% | -6.1 | -10.0 | 89 |
80 | 65 | Alliance Healthcare Romania SRL | Romania | Wholesale/Retail | 830.6 | 806.5 | 4.08% | 18.5 | 16.1 | 58 |
81 | 69 | Hrvatski Telekom d.d. | Croatia | Telecommunications | 809.8 | 780.0 | 3.64% | 88.5 | 93.4 | 24 |
82 | new | ADM Romania Trading SRL | Romania | Transportation | 809.7 | 43.9 | 1766.02% | 14.9 | -0.1 | 64 |
83 | 44 | CFR SA | Romania | Transportation | 805.5 | 1044.1 | -22.04% | -1.8 | -57.8 | 87 |
84 | 76 | Lidl Bulgaria EOOD and KO KD | Bulgaria | Wholesale/Retail | 802.2 | 693.0 | 15.75% | 37.9 | 33.6 | 41 |
85 | new | Oscar Downstream SRL | Romania | Petroleum/Natural Gas | 782.6 | 425.6 | 85.84% | 60.4 | 31.8 | 35 |
86 | 73 | Renault Commercial Roumanie SRL | Romania | Automobiles | 774.5 | 737.6 | 6.12% | 8.3 | 1.7 | 75 |
87 | new | Interbrands Orbico SRL | Romania | Wholesale/Retail | 771.8 | 291.1 | 167.87% | 4.2 | 4.9 | 80 |
88 | new | Transelectrica SA | Romania | Electricity | 764.5 | 488.2 | 58.25% | 0.1 | 29.8 | 84 |
89 | new | Geoplin d.o.o. | Slovenia | Petroleum/Natural Gas | 762.4 | 397.0 | 92.06% | 17.5 | 15.2 | 60 |
90 | new | Oliva AD | Bulgaria | Food/Drinks/Tobacco | 759.7 | 517.1 | 46.91% | 72.0 | 23.1 | 29 |
91 | new | Sofia Med AD | Bulgaria | Metals | 743.3 | 491.6 | 51.20% | 27.1 | 9.0 | 50 |
92 | 90 | Hella Romania SRL | Romania | Automobiles | 732.2 | 630.9 | 17.29% | 17.7 | 26.0 | 59 |
93 | 88 | Alro SA | Romania | Metals | 725.2 | 640.0 | 14.50% | 7.2 | 60.6 | 76 |
94 | new | Viterra Romania SRL | Romania | Agriculture | 718.9 | 466.3 | 55.80% | -1.1 | 0.1 | 85 |
95 | new | Continental Automotive Systems SRL | Romania | Automobiles | 717.8 | 744.6 | -2.59% | -49.6 | 47.4 | 95 |
96 | 92 | Bingo d.o.o. Tuzla | Bosnia and Herzegovina | Wholesale/Retail | 716.3 | 620.2 | 15.49% | 44.1 | 34.9 | 37 |
97 | 87 | Porsche Romania SRL | Romania | Automobiles | 709.4 | 646.9 | 10.81% | 40.5 | 35.0 | 39 |
98 | 77 | Mercator-S DOO | Serbia | Wholesale/Retail | 702.2 | 692.9 | 1.65% | -13.9 | -46.7 | 90 |
99 | 95 | Enel Energie SA | Romania | Electricity | 701.8 | 596.8 | 18.84% | -22.1 | 28.3 | 92 |
100 | new | Arctic SA | Romania | Electronics | 698.7 | 556.5 | 26.88% | -14.8 | 21.4 | 91 |