News and Publications
12/04/2020
Country risk and economic studies

How did CEE Top 500 companies perform

Coface CEE Top 500 - 2020 Edition - Stars

How did CEE Top 500 companies perform

 

In 2020, Coface has launched the 12th edition of the Top 500 companies in Central and Eastern Europe - Coface CEE Top 500.

 

Read the latest CEE Top 500, and find out which companies took advantage of the economic environment, which country businesses are the largest income earners in CEE, and which sector was on top again in 2019. The ranking reflects the region’s economic activity for the previous year, presents a future outlook, describes the economic condition of the 500 largest companies in CEE by their turnover and depicts CEE as a region of prosperity.

 

KEY FACTS

  • CEE TOP 500 players: Total turnover increased by 5.5% to EUR 740 billion in 2019
  • Polish businesses are the largest income earners in CEE with aggregated year-on-year turnover growth
  • CEE Top 500 companies took advantage of the ongoing favorable economic environment
  • The sectors that have led in previous rankings are again among the top three in 2019: automotive & transport come in first, followed by oil & gas and non-specialized trade

 

The twelfth CEE Top 500 study provides an outlook on the future and summarizes the region’s economic activity of the previous year, showcasing CEE as a region of prosperity. Moreover, it describes the condition of the 500 largest companies in CEE by their turnover. Declan Daly, CEO of Coface Central and Eastern Europe, explains that "in 2019, the majority of companies in the CEE region took advantage of the continued favourable economic environment which was especially the case for smaller export-oriented economies.” The aggregated turnover of the 500 largest companies increased by 5.5% to EUR 740 billion. 373 listed companies (which is 74,6% of all companies compared to 79% in 2018 and 80% in 2017) recorded an increase in revenues. Consequently, only 25.4% recorded a stagnation or a decrease. The average turnover of the 500 largest companies increased to EUR 1,480 million, compared to EUR 1,396 million in 2018.

Download this press release : How did CEE Top 500 companies perform (158.53 kB)

Contact


Carina REILE

Communications Manager
Marxergasse 4c
1030 Wien
AUSTRIA
Tel: +43/1/515 54-0 
Email: carina.reile@coface.com

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