#countryfocus | What are the most profitable German/Austrian companies in Romania

Ovidiu Posirca 06/06/2017 | 14:55

There are 5,724 companies in Romania, with more than 10 percent direct shareholding from Germany & Austria, which have declared financial data at the end of 2015, according to ICAP Romania.

The exclusive data submitted to Business Review by ICAP Romania show that these companies had a combined turnover of EUR 31 billion and recorded 286,211 employees as of December 2015.

Close to 60 percent of the employees were recorded in the manufacturing sector, which generated 36 percent of the overall turnover of firms with German and Austrian capital.

There were 47 companies that recorded a turnover above EUR 100 million in 2015, out of which four companies recorded values greater than EUR 1 billion.

The German/Austrian investment community will have its say in the first day of the Country Focus Community Forum, which is organized by Business Review on June 13-14 in Bucharest.

 

Top 5 companies with German&Austrian capital by turnover at end-2015

Company                                            Turnover

OMV Petrom                                    EUR 3 bln

Kaufland Romania                          EUR 2 bln

British American Tobacco             EUR 1.6 bln

Lidl Discount                                    EUR 1 bln

Metro Cash & Carry Romania      EUR 999 mln

Top 5 companies with German&Austrian capital by profit at-end 2015

Company                                             Turnover

Kaufland Romania                          EUR 649 mln

British American Tobacco             EUR 436 mln

Holzindustrie Schweighofer          EUR 206 mln

Lidl Romania                                    EUR 172 mln

Holcim                                               EUR 128 mln

Source: ICAP Romania

The activity of the American investment community in Romania will be highlighted during the Country Focus Community Forum, which will be attended by high-level executives, entrepreneurs, officials and investors from the strongest foreign communities in Romania.

 

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