Finance Survey: Mercator Biggest, Krka Best Slovenian Company

Ljubljana, 20 June

Business daily Finance has ranked grocer Mercator as the biggest Slovenian company, while rating drug maker Krka as the best Slovenian company in its survey "101 Biggest and Best Slovenian Companies".

Using weighted data on shifts in company results and size according to different factors (revenues, profit, number of employees), the paper concluded that Mercator was the biggest Slovenian company last year.
Generating the second-highest revenue of all Slovenian companies, Mercator was also second in terms of the number of employees, the paper points out, adding that the company commands the greatest influence on the Slovenian market.

Meanwhile, Krka was the best Slovenian company of 2004 due to its return on equity and double-digit growth in profit, revenues, and value added per employee. Krka's growth shows that the biggest companies can be the fastest-growing, Finance writes.

Second place on the list of the biggest Slovenian companies went to drug maker Lek, which is followed by Krka in third. Although both pharmaceutical companies generated a bigger profit, Mercator edged them for top spot because of higher revenues and more employees.

Meanwhile, gaming chain Hit took second place among the best Slovenian companies, according to the survey. The Nova Gorica-based company saw its profit soar, while its capital returns were well above the average, the paper writes on Monday.

Third place among the best companies went to car maker Revoz, which upped revenues by 20% and tripled its operating profit last year.

- Biggest Slovenian companies:

1) Mercator
2) Lek
3) Krka
4) Telekom Slovenije
5) Gorenje (home appliance group)
6) Petrol (fuel retailer)
7) Merkur (hardware retailer)
8) Revoz
9) Sava Tires (tyre maker)
10) Mobitel (wireless provider)

- Best Slovenian companies

1) Krka
2) Hit
3) Revoz
4) Holding slovenske elektrarne (power group)
5) Mobitel
6) Telekom Slovenije
7) Merkur
8) Engrotus (grocer)
9) Helios (chemical group)
10) Sava Tires

* Source: business daily Finance, survey "101 Biggest and Best Companies"

Finance Survey: Mercator Biggest, Krka Best Slovenian Company

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