The largest profits last year were reported by three banks (Zaba, PBZ and Erste), and among the top 10 profit earners are also OTP banka (5th) and RBA (9th), while the card issuer PBZ Card (a subsidiary of PBZ) is in 8th place. On the remaining four positions, one oil company, Ina (4th), telecom HT (6th), shipping company Tankerska plovidba (7th), and bookmaker Super sport (10th) managed to squeeze in.
Only the parent companies of large groups (40.3%) can compete with banking profitability. Among the consolidated sectors, transport companies in the top 1000 are in second place, but with half the profitability of financiers – 16.4 percent, followed by tourism companies with 15.1 percent profitability, ICT (12.6 percent), construction (11.3 percent), and industry (9.2 percent). The low profitability of five percent for energy companies is compensated by high revenues relative to the number of companies, while at the bottom are traders with gross profits at the level of 4.7 percent of total revenues. It should be emphasized that the situation is even worse when considering all companies, not just the top 1000. When delving further into sector stratification, the most profitable manufacturing companies (17.5 percent) deal with non-metallic mineral products (primarily glassmakers, cement producers, and stone extractors and processors), while at the bottom, even behind traders, are furniture manufacturers (profitability 3.4 percent), motor vehicle and parts manufacturers (3.5 percent), and textile and footwear manufacturers (3.6 percent).
On the wave of such results in the publication 500 Best, which we are publishing this week in collaboration with Dun & Bradstreet along with a new digital and printed edition of Lider, and the record NV of Zagrebačka banka of 668 million euros, other banks also achieved excellent results, mostly record-breaking. Wüstenrot housing savings bank is the only one of the 18 banks on this year’s list that reported a lower NV than last year, and only Addiko bank and Partner bank did not achieve the highest newly created value in history. Therefore, the total banking NV was 2.3 billion euros, which is even 52 percent higher than in the previous year. The banks on the list achieved an average NV of 129 million euros, followed at a great distance by telecommunications and postal services (72 million euros), pharmaceuticals (62 million), and the oil part of the energy sector (53 million).
