The top ten most profitable companies include three state-owned businesses – Hidroelectrica, Romgaz and Transgaz, all of them operating in the same sector.
The ranking took into account the companies whose financial results are available on the Finance Ministry website or those who filled ZF’s questionnaires for the `Cei mai mari jucatori din economie’ (Key players in the economy) yearbook.
Last year, Hidroelectrica posted 3.3 billion lei (EUR719 million) revenue, and the net profit of more than RON1.2 billion takes its profit margin to 36%. Back in 2012, when Hidroelectrica went insolvent, it posted losses of more than RON500 million.
The top ten companies by net profit posted RON7.5 billion income last year, 70% higher than in 2015. Continental is the only processing industry business among the top ten. Another well represented sector besides energy is trade – Dedeman, BAT Trading and Kaufland. (EUR1=RON4.5870)
(English version by Loredana Fratila-Cristescu)