The top three companies are OMV Petrom, Hidroelectrica and Romgaz. In each of the previous nine editions, the number one in the ranking, Petrom, was followed by telecoms, banks or by Fondul Proprietatea. This year’s edition is the first when three companies from the same industry took the top three spots.
The 100 most valuable companies in Romania were valued at EUR57.8 billion this year, an increase of EUR2.7 billion on last year. The value of the top 100 companies has been on the rise in the past three years, but is still far from the EUR100 billion it almost reached in 2007.
Petrom ranks first in the tenth edition of the ranking, with a capitalization of EUR4.1 billion. Second in the ranking is Hidroelectrica, with a value of EUR2.5 billion, which beat by a slight margin another state-run company, Romgaz, whose capitalization is at the lowest level since its initial public offering in 2014.
The top ten is dominated by energy, telecom and banking companies, and Banca Transilvania is the most valuable entrepreneurial asset in the country.
The tenth edition of the 100 Most Valuable Companies in Romania Yearbook to be published soon will include for the first time a ranking of the 25 most valuable entrepreneurial companies, now that the Romanian-owned businesses have shown they have got all it takes to join the big league.
None of the entrepreneurial companies overshot the EUR1 billion value mark in 2012 and now there are two of them, RCS&RDS and Banca Transilvania, according to the 100 Most Valuable Companies in Romania Yearbook compiled by ZF and investment firm Capital Partners. The leading five entrepreneurial companies were worth EUR3.3 billion last year and are worth EUR4.2 billion this year. In 2012, they were worth half of that.
In comparison, the five most valuable companies in Romania are worth EUR14 billion, three times and a half more than the entrepreneurial companies.
Automobile Dacia is the only major industrial company among the top ten. It climbed from 18th in 2008 to 7th this year. Dacia is worth EUR1.9 billion, an increase of 11% on 2014. It is also the largest company in Romania by revenue and the largest export of the local economy in 2014.
(English version by Loredana Fratila-Cristescu)