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Slovenia Business Week no. 41: Mercator Leads Pack in Terms of Revenue, Employees

Slovenian daily Delo published a list of leading Slovenian groups

Slovenia's top grocer Mercator led Slovenian groups in terms of revenues and the number of employees in 2004. According to a list of leading Slovenian groups published by daily Delo on Monday, 3 October, drug maker Lek was the top profit-maker of 2004.

Mercator led the pack in terms of consolidated revenues, having generated SIT 377bn (EUR 1.57bn). Fuel trader Petrol was second with SIT 352bn (EUR 1.47bn), Slovenia's top bank NLB took third with SIT 230bn (EUR 960m) and home appliance maker Gorenje came in fourth with SIT 213.5bn (EUR 891m).

Lek made the biggest profit, as it reported earnings of SIT 26.6bn (EUR 111m) last year, Delo's table shows. Trailing the drug maker were electricity producer HSE (SIT 18bn/EUR 75m), telco Telekom Slovenije (SIT 15bn/EUR 62.6m), drug maker Krka (SIT 14.7bn/EUR 61m) and holding Istrabenz (SIT 10bn/EUR 41.5m).

Meanwhile, Mercator was also on top in terms of the number of employees, as its group had 15,564 workers, which is 50% more than second-placed Slovenian Railways (10,281). Home appliance maker Gorenje was third with 9,568 employees.

The biggest return on equity was generated by the banking group Gorenjska banka, which produced returns of 33%. Port operator Luka Koper and leasing company Hypo Leasing shared second with 25% return on equity.

Source: Slovene Press Agency STA

Author: STA