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Agrokor leading the way in Croatia Agrokor leading the way in Croatia

Agrokor worth 7 billion annually and in the most successful companies in Central Europe

Written by  Sep 09, 2016

According to Deloitte, the consulting and auditing company, 13 companies from Croatia found their place among the Top 500 largest companies in Central Europe.

Agrokor Grupa, the biggest retail and food company from Croatia, is the best among Croatia's and the Balkan region's companies, ranked as the 11th on the Deloitte annual list. Last year Agrokor placed as the 22nd, whilst this year it jumped on the list with 6.4 billion Euros of annual sales revenue. Deloitte estimates that the consolidated Agrokor Group will generate revenue of more than 7 billion Euros annually in the following years which will place this company among the top 10 of the best Central European companies.

Agrokor as the highest ranked Croatian company was followed by INA, the oil and gas company which placed 53rd, the retail chain Konzum placed 91st, whilst HEP, the Croatian electricity provider was ranked as the 93rd on the Deloitte's list.

The Croatian companies which were not in the top 100 list are the telecommunications company Hrvatski Telekom (232nd), HEP’s Operator company (244th), the distributor Atlantic Grupa (312th), Adris Grupa (318th), Petrol Croatia (350th), the utilities company Zagrebački holding (451st), the food company Podravka (477th) and the retail chain Lidl Croatia which placed as the 484th on the Top 500 largest Central European companies list.

Polish companies have continued to dominate Deloitte's 500 largest Central European companies and accounted for more than one-third of the total number of companies that found their place on this year's list. For the second year in a row Poland’s PKN Orlen was number one, followed by the oil company MOL from Hungary and the Czech Republic’s car manufacturer Skoda which placed as the 3rd on the list.

As far as the Balkan region is concerned, Slovenia had the most representatives on the Top 500 list (17). It is followed by Croatia with 13 companies and Serbia by 7. Unlike last year, when it had four representatives on the list, this year Bosnia and Herzegovina had two companies, whilst Macedonia had only one representative.

''Of all the “megatrends” affecting how companies compete and perform in the regional and global economies, digitalization is the most powerful enabler with the greatest potential for driving positive change. None of us can ignore the extent to which the continued success of Central Europe’s economy is interlinked with the digital strategies of its leading companies. So it is highly informative to read in this report about the passionate intensity with which our region’s business leaders are helping to shape their companies’ digital futures'', commented Alastair Teare, the CEO of Deloitte Central Europe.

The Voice of Dubrovnik

THE VOICE OF DUBROVNIK


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