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Top 30 companies with Romanian shareholding to reach 180 billion lei in total business turnover in 2019
The top 30 companies with Romanian shareholding will exceed among them 180 billion lei in business turnover, double the figures of one decade ago, according to estimates of Frames Media Network Romania published in a specialist analysis.
In 2018 the aggregate business turnover of the top 30 companies that had local shareholders reached 164.1 billion lei, as against 92 billion lei in 2010. At the same time, their profitability followed a similar rising trend, from to 5.17 billion lei in 2010, to 12.1 billion lei in 2018.
Topping the 2018 ranking of the 30 most important companies with Romanian shareholding was OMV Petrom oil and gas company which, through the two companies considered in the analysis (OMV Petrom Marketing SRL and OMV Petrom SA), posted an aggregate turnover of 35.6 billion lei, up by 6 billion lei from the previous year.
The following places in the ranking are occupied, by order of turnover, by the two companies of Rompetrol - Rompetrol Rafinare SA and Rompetrol Downstream SRL, both with mixed Romanian and Dutch shareholders, with an aggregate turnover of 25 billion lei in 2018, 20 billion le more the one year before.
According to the Frames analysis, the ranking of the top 10 companies is rounded up by Kaufland Romania SCS (mixed German and Romanian shareholding), with a turnover of 10.8 billion lei; Lidl Discount SRL (7.7 billion lei); Dedeman SRL (7.2 billion lei); Engie SA (6 billion lei); Orange Romania SA (5.7 billion lei), and Romgaz SA (4.96 billion lei).
The 2018 ranking also includes a cumulative businesses turnover of 60.7 billion lei posted by: Hidroelectrica SA, Dante International SA (eMag), Electrica Furnizare SA, Mediplus Exim SRL, E.ON Energia SA, Fildas Trading SRL, Altex Romania SA , OMV Petrom Gas SRL, Oltenia Energy Complex, Transelectrica SA, Telekom Romania Communication SRL, Takata Romania SRL, Alro SA, Oscar Downstream SRL, Coca-Cola HBC Romania SRL, Enel Energie Muntenia SA, Enel Energie SA, BlueAir Aviation SA, Nuclearelectrica SA and Telekom Romania Mobile Communications SA.
In terms of workforce, the data show that, in 2018, the 30 companies considered in the analysis reported a number of 97,598 employees, down by more than 16,000 from the previous year and by more than 22,000 as against 2016.
The analysis of the consulting company Frames was carried out on using financial data reported to the National Companies Registry Office and the Ministry of Public Finance by the companies that also include Romanian shareholders, between 2010 and 2018.