How stable are the biggest companies in these turbulent times? Mol is on the podium again

By: Trademagazin Date: 2023. 11. 21. 12:00

Although the companies have recovered from the negative effects of the coronavirus epidemic, at the beginning of the year the challenges of the Central and Eastern European region meant continuous difficulties for businesses in many sectors.

“The region was then hit by Russia’s full-scale invasion of Ukraine, leading to a humanitarian and economic crisis. This resulted in increased costs, especially for energy carriers, as well as shortages in production components and disruptions in supply chains.”

– Grzegorz Sielewicz, regional economist for Central and Eastern Europe of the international credit insurance company Coface, explains the development of the region:

“Despite these challenges, the CEE region still managed to achieve solid GDP growth of 4 percent in 2022, up from 6.2 percent the previous year, supported by rising inventories and strong domestic demand.”

For the 15th time, Coface presents its annual study of the 500 largest companies in Central and Eastern Europe. The Coface CEE Top 500 study ranks companies based on their turnover and analyzes additional factors such as the number of employees, company activity, sectors and markets, and Coface’s corporate credit ratings. The economic performance of the CEE Top 500 companies serves as a representative indicator of the market trends of the entire region.