This year’s most valuable company ranking comes with another first, as well: no local company managed to reach the EUR3 billion valuation mark.
Second and third are OMV Petrom and Orange, the former valued at EUR2.84 billion, according to its market capitalization, down 31% on last year, and the latter at EUR2.35 billion, down 2%, according to “Top 100 cele mai valoaroase companii din Romania” (`100 most valuable companies in Romania’) yearbook compiled by ZF and BT Capital Partners.
A criterion used in valuation was the market capitalization on November 1, 2016 for listed companies, while for unlisted companies the ranking used their 2015 financial indicators as shown in their reports filed with the Trade Registry.
Only two of the top ten companies – Telekom Romania and Banca Transylvania kept their positions, while several traded places and BCR reentered the top ten after dropping to eleventh place last year.
The most valuable 100 companies in Romania were valued at EUR60.5 billion this year, 5% more than last year.
(English version by Loredana Fratila-Cristescu)