Oil and Gas Companies Dominate SeeNews TOP 100 SEE Ranking

Oil and Gas Companies Dominate SeeNews TOP 100 SEE Ranking
SeeNews
Δευ, 6 Οκτωβρίου 2014 - 19:12
Oil and gas companies dominated the SEE TOP 100 2014 ranking by Sofia-based news agency SeeNews, SeeNews said. Oil and gas companies continued to dominate the rankings and generate the bulk of the total revenue but both their combined revenues and profit fell, SeeNews said in its seventh edition of its ranking of the biggest companies in Southeast Europe, SeeNews TOP 100 SEE, released last week
Oil and gas companies dominated the SEE TOP 100 2014 ranking by Sofia-based news agency SeeNews, SeeNews said.

Oil and gas companies continued to dominate the rankings and generate the bulk of the total revenue but both their combined revenues and profit fell, SeeNews said in its seventh edition of its ranking of the biggest companies in Southeast Europe, SeeNews TOP 100 SEE, released last week.

The SEE TOP 100 ranking covers non-financial companies registered in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, FYROM, Moldova, Montenegro, Romania, Serbia, and Slovenia.

The oil and gas sector has 29 representatives in the ranking, one more than a year earlier. Its total revenue, though, dropped 5.45% to 41.55 billion euro, whereas total net profit plummeted to 659 million euro from 1.09 billion euro a year earlier.

The number of electricity companies in the ranking too increased by one from a year earlier, to 19. Wholesalers and retailers numbered 17, three more than a year earlier. The number of telcos in the ranking dropped to seven.

SeeNews TOP 100 SEE’s latest edition features an analysis of the energy sector of Southeast Europe by Costis Stambolis, executive director of the Institute of Energy for South East Europe.

All materials included in the seventh edition of SeeNews TOP 100 SEE are available at www.top100.seenews.com.

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