Business News

Total Sales Revenues for Slovenian Companies Down 15% in 2009

Ljubljana, 11 November (STA) - Slovenian companies generated a total of EUR 73.1bn in sales revenues in 2009, which is a 15.2% drop on the year before. Revenues decreased the most for construction companies, while trade and manufacturing remained the sectors with the largest revenues, preliminary data published on Thursday by the Statistics Office shows.

According to the office, sales revenues were down substantially in all sectors, especially in construction, where they dropped by 19.6% to EUR 6.8bn, and manufacturing, where a 19.5% drop to 20.8bn was recorded.

Sales revenues in wholesale, retail and repair of motor vehicles dropped by 15.8% to EUR 26.6bn, with trade accounting for 36.4% of total sales revenues. Manufacturing accounted for 28.5%.

Electricity, gas, steam and air conditioning supply was the only activity to record an increase in sales revenues. They were up 1.3% to EUR 3.6bn.

Companies invested EUR 4.9bn into tangible goods in 2009. Those in industrial activities (mining and quarrying, manufacturing, electricity, gas, steam and air conditioning supply, water supply, sewerage, waste management and remediation activities) accounted for EUR 1.8bn.

The majority of value added at factor cost was created by companies in manufacturing and trade, which accounted for 32.7% and 18.5% respectively.

Compared to 2008 the number of persons employed decreased by 3.5%. The biggest decrease in employment was registered in manufacturing (by 10.4%) and mining and quarrying activities (by 7.5%).

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