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Slovenia Business Week no. 13: Revoz Tops List of Exporters, Gorenje Inching Closer

Renault-owned car maker Revoz was the biggest Slovenian exporter for the 14th year in a row in 2006

Renault-owned car maker Revoz was the biggest Slovenian exporter for the 14th year in a row in 2006, its exports amounting to EUR 973.7m or 5.8% of the Slovenian total, according to a survey by the daily Delo.

Yet household appliance maker Gorenje, the perennial runner-up, is inching closer to the leader, with exports worth EUR 905.3m, 5.4% of the country's total exports.

Following Gorenje in the top ten are drug makers Lek (EUR 658.2m) and Krka (EUR 510.8m) and steel group Slovenska industrija jekla (SIJ) with EUR 381m, shows the survey, which was published on Monday, 26 March in the supplement Delo FT.

Aluminium maker Impol (EUR 378m), automotive company Cimos (EUR 328.3m), aluminium maker Talum (EUR 295.7m), tyre manufacturer Sava Tires (EUR 279.4m), and logistics group Viator & Vektor (EUR 246.8m) round off the top ten.

According to the survey, the car industry is still the most important exporter, as ten companies in the sector exported goods worth EUR 2.7bn last year, 16% of the country's total.

The metal industry was second with nearly 12%, followed by the pharmaceutical industry (meaning Lek and Krka) with 7%.

Data by the National Statistics Office suggests that 68% of Slovenia's exports went to the EU, which also accounted for 80% of all imports.

Germany was by far the biggest destination for Slovenian exports (EUR 3.3bn), followed by Italy (EUR 2.16bn), Croatia (EUR 1.46bn), Austria (EUR 1.45bn) and France (EUR 1.14bn).

Countries of the former Yugoslavia are some of the fastest growing export markets. The biggest exporters to the region are Gorenje (EUR 187.2m), technical goods chain Merkur (EUR 85.2m) and food company Droga Kolinska (EUR 70.7m).

*Ten biggest exporters in Slovenia, 2006

Company Exports Share of total (%)
Revoz EUR 973.7m 5.8%
Gorenje EUR 905.3m 5.4%
Lek EUR 658.2m 3.9%
Krka EUR 510.8m 3.1%
SIJ EUR 381.1m 2.3%
Impol EUR 378m 2.3%
Cimos EUR 328.3m 2%
Talum EUR 295.7m 1.8%
Sava Tires EUR 279.4m 1.7%
Viator & Vektor EUR 246.8m 1.5%

Source: Slovenian Press Agency STA

Author: STA, Slovenian National Press Agency