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TOP 300 2016: The largest Slovenian companies

The last edition of the TOP300 list of Slovenian companies reflects a quiet and stable year: not many changes on the list and solid figures with modest growth. The energy trader Petrol firmly remains to be the largest, while the pharmaceutical company Krka posted the highest net profits.

Petrol firmly remains the largest Slovenian company – the national fuel trader has been in this role for years now, if not decades. The company is successfully restructuring itself from a pure fuel trader to a modern energy provider, putting emphasis on smart grids and sustainable sources. Petrol Group’s revenues exceeded 3.8 billion euros last year. Two other electric power companies with revenues over a billion euros are Gen-I (2nd place) and HSE (4th place).

 

The third largest company is national retailer Mercator. The heavily indebted Mercator has been taken over by controversial Croatian tycoon Ivica Todorović last year and is still recovering from ambitious growth financed by debt before the financial crisis. At the same time Mercator, once the undisputed leader in Slovenia, is facing ever stiffer competition on its home turf, especially from the German discounters Lidl and Aldi (or Hofer, as Aldi is called in Slovenia and some other ex-parts of the Austrian Hungarian Empire).

 

The national pharmaceutical champion Krka (5th place) remains the most profitable Slovenian company with 146 million euros of net profits. One of the world's largest independent generic drug producers is present mostly in Eastern Europe and Russia, yet Krka’s success in western markets is ever growing. Just behind Krka is its arch-rival Lek (7th place) with net profits of 116 million euros. Lek is a part of the Sandoz generics company within Novartis. Sandoz is relying ever more heavily on Slovenia's know how and is investing in LEK's R&D. A few other familiar names among the most profitable companies in Slovenia are Si.Mobil (Telekom Austria), Mehle Letrika (German Mahle group) Pivovarna Laško (Heineken), Tobačna Ljubljana (Imperial Brands), Danfoss, Hella and Renault. 

 

Only 24 new companies managed to enter this year's edition of the TOP300 list: a clear indicator of post-recession stability. A number of newcomers are foreign investments. Glovis Europe (133rd place) is a subsidiary of the US government's Geological Survey institution. OHL ŽS (182nd place), one of the fastest growing building companies in Slovenia, is a part of the Czech OHL group. Safilo's company in Slovenia (214th place) used to be called Carrera – it is one Italian eyewear creator’s production sites, operating also under the brands Polaroid, Smith Optics and >Carrera.

 

Another newcomer to the list is JYSK, the Slovenian operation of the Danish household retailer jumped to 253rd place. Bosch Rexroth (259th place) in Škofja Loka produces electromotors for the leading global specialist in drive and control technologies. One of the newcomers with the fastest growth is Slovenian company Belektron (43rd place) which has developed into one of the leading European traders with CO2 emissions allowances. 

TOP 300 (338.68 KB)

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