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BUSINESS IN SHORT

VW best among Slovak firms

BRATISLAVA-based carmaker Volkswagen Slovakia placed highest out of the 29 Slovak firms included in Deloitte’s latest list of Central and Eastern Europe’s 500 largest companies. Compared to previous years the number of firms from Slovakia dropped by two, the TASR newswire reported on September 3.

BRATISLAVA-based carmaker Volkswagen Slovakia placed highest out of the 29 Slovak firms included in Deloitte’s latest list of Central and Eastern Europe’s 500 largest companies. Compared to previous years the number of firms from Slovakia dropped by two, the TASR newswire reported on September 3.

“Volkswagen Slovakia has retained its leading spot among Slovak companies,” Deloitte said, as quoted by TASR, adding it placed 14th overall.

Slovak oil refinery Slovnaft ranked 23rd, while Žilina-based carmaker Kia Motors was 31st.
The 500 largest companies struggled to keep up earlier rates of growth, which dropped from 9.8 percent in 2011 to 3.3 percent in 2012. Total revenues amounted to €730 billion, according to TASR.

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