The 42 companies in Romania included in the Deloitte top have total revenues of EUR43 billion, 10.2% higher than in the 2013 ranking.
The Deloitte ranking analyzes 500 companies, 50 banks and 50 insurance companies in 18 countries in Central and Eastern Europe and Ukraine by total revenues obtained in 2013.
Ford Romania registered the most spectacular growth, climbing 258 spots, up to 170, Deloitte said in a press release Wednesday.
Companies in Romania’s energy sector are the highest ranked, with OMV Petrom in the lead. The second spot went to Automobile Dacia, which replaced Rompetrol Rafinare. Retailer Kaufland ranks fourth, while Renault, ranked eighth last year, has left the Top 500. Ford Romania ranks ninth in the Top 10 Romanian companies included in the Deloitte ranking.
The Romanian energy sector totaled revenues of EUR19.1 billion, followed by retail and transports, with EUR12.1 billion. Companies in the manufacturing industry had total revenues of EUR8.1 billion and the technology, telecom and media sector had total revenues of EUR2.3 billion.
“Energy remains an exciting but challenging sector for most CE economies. While it is challenging in the medium term, the long-term outlook points towards increased but focused investment activity in the energy sector. The role of policy makers is essential, particularly in ensuring a balance between the need to attract investment to the sector, address decarbonisation requirements, meet efficiency targets and ensure affordability,” said Farrukh Khan, Deloitte Partner, Leader of CE Energy & Resources.
Romania has six banks and four insurance companies in this year’s ranking, the same as in 2013. With assets totaling EUR51.1 billion, the banking sector has seen a slight decrease compared to 2013, when assets totaled EUR52.1 billion. Raiffeisen Bank and Banca Transilvania posted the biggest growth, while BCR has retained its leading position
Overall, the 500 companies in the Deloitte ranking totaled revenues of EUR712 billion in 2013, down 0.4% on the year.