Business News

Industrial output up by nearly 10% last year

Ljubljana, 23 June (STA) - Slovenia-based industrial companies generated EUR 26 billion in revenue last year, 9.4% more than in 2017, data from the Statistics Office show. The office noted however that about 2-3 percentage points should be attributed to the inclusion of additional industries in the index, among them wood processing, metallurgy and machine repairs.

Industrial revenue has been increasing for years. In 2014, it was at 19.4 billion, the year later it climbed to EUR 20.1 billion, to EUR 21.3 billion in 2016 and to EUR 23.7 billion in 2017, the office said.

Companies making cars and trailers have been at the forefront in the recent years as well as in 2018, when they accounted for nearly 15% of total industrial revenue, followed by production of electric devices (11%) and metallurgy (10%).

Some 75% or EUR 19.8 billion in revenue was generated abroad. Companies making cars and trailers generated 93% of their revenue abroad, followed by companies making boats (86%).

On the other hand, beverage makers generated nearly 75% of their revenue on the domestic market, followed by food companies (71%) and publishing companies (64).

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