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Slovenia Business Week no. 15/2005: Car Maker Revoz Remains Leading Slovenian Exporter in 2004

Following are the home-appliance manufacturer Gorenje, pharmaceutical company Lek, car-seat cover maker Prevent and pharmaceutical company Krka, according to a list of leading Slovenian exporters published by the daily Delo

Car maker Revoz was the no. 1 Slovenian exporter in 2004, generating 5.6% of all Slovenian exports. Following are the home-appliance manufacturer Gorenje, pharmaceutical company Lek, car-seat cover maker Prevent and pharmaceutical company Krka, according to a list of leading Slovenian exporters published by the daily Delo on Tuesday, 5 April.

Revoz, which has in fact occupied the top spot among Slovenian exporters since 1995, recorded exports of SIT 196.8bn (EUR 0.82bn) in 2004. The Renault-owned company plans to increase the figure by 29.3% to SIT 218.3bn (EUR 0.91bn).

The second-placed Velenje-based Gorenje group posted exports of SIT 184.7bn (EUR 0.77bn), 6.2% of all Slovenian exports of goods. This year, the figure is to increase by 1.7%.

While Revoz's exports to the EU - representing 8.4% of Slovenian exports to the EU in 2004 - were focused on France, Gorenje's exports to the EU (4.9% of Slovenian EU exports) were more dispersed.

Moreover, the Gorenje group is by far the leading Slovenian exporter to the countries of former Yugoslavia. While its exports to these countries totalled SIT 57.44bn (EUR 239m) last year, the exports of second-placed hardware retailer Merkur to former Yugoslav countries stood at SIT 14.18bn (EUR 59m) in 2004.

Placing third on the list of Slovenia's leading exporters overall is the Ljubljana-based pharmaceuticals company Lek, with last year's exports of SIT 109.6bn/EUR 457m (3.4% of total Slovenian exports).

Following is the Slovenj Gradec-based Prevent with 81.4bn/EUR 339m of exports (2.7% of total Slovenian exports), which plans to raise the figure by 19.2% this year.

Exports of the fifth-placed Krka totalled last year SIT 79.5bn/EUR 332m (2.7% of the country's total exports), and are expected to increase by 15.3% in 2005.

Top ten also includes Slovenska Bistrica-based aluminium producer Impol (SIT 62.5bn/EUR 261m), Slovenian Steel Group SIJ (SIT 64.4bn/EUR 269m), the Kranj-based tyre manufacturer Sava Tires (SIT 58.1bn/EUR 242m), aluminium company Talum (SIT 51.6bn/EUR 215m) and the Koper-based manufacturer of automotive components Cimos (SIT 50.5bn/EUR 211m).

Topping the list of the leading exporters of services is the national air carrier Adria Airways, with SIT 31.2bn (EUR 130m) of exports. It is followed by Slovenian Railways (SIT 30bn/EUR 125m), tourist agency Kompas (SIT 20.6bn/EUR 86m), Merkur (SIT 22.8bn/EUR 95m) and shipping company Splosna plovba Portoroz (SIT 21.7bn/EUR 90m).

Slovenian exports are anticipated to increase by 6% this year, with exports to the EU expected to be up 12%, according to Delo.

The list of leading Slovenian exporters used to be published by the Gospodarski vestnik business weekly, whose publication has ceased recently. Delo notes that some companies refused to participate in the survey this year.

Source: Slovene Press Agency STA

Author: STA