As Novac/Jutarnji writes, the analysis of the Financial Agency (Fina) on the top 50 Croatian companies in terms of total revenue by type of ownership, showed that enterprises operating in the private sector back in pandemic-dominated 2020 generated the highest total revenue, totalling a massive 123.1 billion kuna.
At the same time, the first 50 state-owned Croatian companies generated a very handsome 44.5 billion kuna in revenue, those with mixed ownership earned 42.4 billion kuna, and in terms of cooperatives, revenues stood at 1.1 billion kuna.
The top 50 Croatian companies in terms of private ownership generated total revenues of 123.1 billion kuna last year, employed 67,022 employees and generated a net profit of 3.8 billion kuna. The average calculated monthly net salary amounted to 7,219 kuna.
Of these 50 privately owned Croatian companies, most of them operate within the trade sector, as much as 54 percent, of them, in the manufacturing industry, 26 percent, and the largest revenues were generated by Konzum plus (10 billion kuna), Prvo plinarsko društvo (9.8 billion kuna) and Lidl Croatia (6.1 billion kuna).
Last year, the top 50 Croatian companies which are under state ownership generated total revenues of 44.5 billion kuna, employed 68,844 employees and generated a net profit of 2.1 billion kuna. The average monthly net salary of these entrepreneurs stood at 7,552 kuna.
Out of a total of 50 state-owned companies, most are in the field of transport and storage (22 percent), electricity, gas, steam and air conditioning supplies (20 percent) and water supply; wastewater disposal, waste management and environmental remediation activities (12 percent).
The largest total revenue among state-owned companies were generated by HEP (9.4 billion kuna), HEP-Proizvodnja (4.3 billion kuna) and HEP-Distribution System Operator (3.6 billion kuna).
Fina’s data on the top 50 Croatian companies under mixed ownership shows that they generated total revenues in the amount of 42.4 billion kuna, employed 35,906 workers and had a net loss of 216.1 million kuna. The average calculated monthly net salary of these entrepreneurs was 7,854 kuna.
Out of 50 companies under mixed ownership according to the criterion of total revenue, most of them operate within the processing industry (44 percent), transport and storage (12 percent) and the trade sector (10 percent).
Among these Croatian companies, INA (14.2 billion kuna), Hrvatski Telekom (Croatian Telecom) (5.9 billion kuna) and Pevex (formerly Pevec) (2.3 billion kuna) reported the highest total revenues.
For more on Croatian companies and doing business in Croatia, make sure to check out our business section.
