The total turnover registered by the companies in Romania included in the ranking stood at RON71.4 billion in 2019, up 7.6% on the year, and their aggregate net profit dropped 19% on the year.
Romania’s best represented sectors in the CEE ranking are the chemical industry, petrol, metallurgy and pharmaceuticals, followed by commerce and automotive.
Romania places fourth in the region by the number of companies included in the ranking, accounting for 11.6% of the total, with Poland ranking first (32.6%), the Czech Republic coming second (15.6%) and Hungary placing third (14.4%).
Carmaker Automobile Dacia remains the largest company in Romania in the top 500, ranking 15th and falling two spots from the 13th spot in 2018. The next Romanian company in the ranking is oil and gas company OMW Petrom, on the 26th spot, climbing from the 27th spot, OMV Petrom Marketing, at 27, Rompetrol Rafinare, at 41, Kaufland, at 56, Rompetrol Downstream, at 57, BAT, at 70, and Ford Romania, at 76, versus 66 in 2018.
The companies included in the ranking account for 2.6% of the total workforce in Romania, a constant level in the past two years.
On a regional level, the aggregate turnover of the largest 500 companies grew by 5.5%, to EUR740 billion.
Of the companies listed in the ranking, 373 (accounting for 74.6% of total companies, compared with 79% in 2018 and 80% in 2017) registered higher revenue. Thus, only 25.4% saw stagnation or decline. The average turnover of the largest 500 companies grew to EUR1.5 billion, compared with EUR1.4 billion in 2018.