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Coface CEE Top 500 company ranking 2023

How resilient are the biggest companies in Eastern and Central Europe in these turbulent times?

The challenges for businesses in the CEE region initially involved ongoing difficulties across various sectors despite the recovery from the impacts of the Covid-19 pandemic. Then the region was hit by Russia's full-scale invasion of Ukraine, leading to both humanitarian and economic crises. 

In the study you will find out how the biggest companies in CEE performed during these crises:

  • Despite initial concerns about the impact of the Ukraine war on Central and Eastern European (CEE) economies, the region has demonstrated resilience. However, due to the energy crisis and rising costs, the region has been experiencing a gradual slowdown.
  • Top 500 players: increase in turnover, net profits and employment, due to the macroeconomic developments.
  • Sectors: the oil & gas industry is the leader in the top 500, followed by utilities & public services and automotive & transport.
  • Poland hosts the largest businesses in the region, with a substantial 37.9% increase in aggregated turnover in 2022 compared to the previous year.

 

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