Expectedly, the largest economies in terms of production and consumption in SEE have a significant presence in the ranking of the oil and gas companies: Romania and Bulgaria – with six and five representatives respectively, Serbia and Slovenia – three each, Croatia –two, Macedonia - one. Interestingly, Macedonia’s sole crude oil refinery Okta AD ranked 16th with ...
Petroleum & Natural Gas in Southeast Europe
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Tax disputes
Interaction with the tax authorities is an essential part of business operations in Russia. Our survey results from this year and previous years show that businesses should consider it a given that they will ultimately have tax disputes with the authorities and, therefore, they should be prepared to manage them.
Almost 72% of ...
Mobile Telephony Fuels Telecoms Sector’s Growth
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Key Trends in SEE telecommunications sector in 2009:
- Growth of revenue in the telecommunications sector, which includes fixed and mobile telephony, and increase in the provision of internet services and cable television;
- Drop in revenue and lower penetration of fixed-line telephony in most countries;
- Growth of revenue and increase in mobile telephony penetration;
- Rise in ...
The ranking of the top 20 largest wholesale and retail companies in SEE was clearly dominated by 11 Romania-based chains. All large Western European chains were represented with Germany’s Metro Group having three entries – its Romanian and Croatian Cash&Carry chains, as well as its Romanian retail chain Real,- Hypermarket.
However, the ranking was ...
EU member state Bulgaria, traditionally a strong producer and exporter of metals, had nine companies represented in the ranking of the top 20 metals enterprises. This ranking was led by Romanian steel plant Arcelor Mittal Galati with annual revenue of 2.23 billion euro in 2008, up 5.5% on the year. The ArcelorMittal steel ...
Although 2008 was a tough year for the banking sector in Southeastern Europe, as it was everywhere else around the world, four banks in the region ended last year with assets worth more than 10 billion euro each. In 2007 the same banks also had assets above the 10-billion-euro mark.
Slovenia's largest bank, Nova ...