Galnaftogaz Steadily Goes up in Top-500 Companies in CEE
OREANDA-NEWS. In the current growth dynamics "Concern Galnaftogaz" will be able to enter the first hundred of the largest companies in Central and Eastern Europe in the nearest future. In the latest rating of Top-500 companies in this region, which in September, 2013 announced the company Deloitte, "Galnaftogas" takes the 137th place. During the year the company has grown by almost 40 points. It started in this rating from the 292d place in 2009.
"It can be noted several drivers, thanks to which our company is developing so dynamically - comments the Vice-President of "Concern Galnaftogaz", Vasyl Danylyak. - This is the active development of filling stations network, this is market of new products and services, this is an effective construction of business processes. All of these factors have provided additional income and realization growth. The transparent system of our business managing, transparency in decision-making has become a key to confidence on the part of shareholders and creditors and, therefore, the key to long-term and low-cost financing of our projects".
In general, there are represented 51 companies from Ukraine in Top-500 companies of Central and Eastern Europe. As it is said in the Deloitte commentary to the research, Ukraine has become the second in the region in terms of income growth of companies, which are included in rating. In particular, despite weak GDP growth in the whole country, the largest Ukrainian companies income for the previous year increased by 16,2%. This increase, as Deloitte analytics pay attention, provided mainly two business segments - consumer sector/transport and energetics/mining sector.
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