KYIV. Sept 12 (Interfax-Ukraine) – Metinvest, Ukrainian mining and metal holding, ranks first among Ukrainian companies that were included into Central and Eastern Europe Top 500 list, the company has said in a press release.
The companies were ranked by the international audit company Deloitte based on their 2015 consolidated revenues.
According to the survey, the majority of CE countries saw economic growth, and the only country whose economy shrank in 2015 was Ukraine. Namely, industrial companies were affected by the military conflict in the east of Ukraine, the loss of the Russian market and the fall of steel and iron ore prices.
However, Metinvest entered the Top 10 largest industrial companies of Central and Eastern Europe in 2015. The company takes 13th place among other five hundred companies in terms of revenue.
In 2013-2015, industrial production in the country saw a decline, whereas in Q1 2016 (for the first time in the last three years) the indicators began to improve, Deloitte said.
In total, 29 Ukrainian companies, of which six are industrial companies, made it into the ranking.
