Bulgaria's Top 20 Companies In Terms Of Revenues

Profit.bg already presented the 20 Bulgarian companies with highest profit in H1. This week we compiled a chart of the Top 20 Bulgarian companies in terms of revenues in first half.
In spite of a 13% decline year-on-year, fuel distributor Petrol AD topped the chart with revenues in the amount of 566 mln leva (289.391 mln euros) in H1. The figure exceeds the company's market capitalization.
With more than half a million leva in revenues, the Bulgarian Telecommunications Company ranks second. The telcom registered a small increase in figures for this H1. The company will be delisted from the public register as soon as the tender offer procedures are finalized.
Chimimport AD's revenues increased by the significant 123% to more than 373 mln leva (190.711 mln euros). Chimimport will probably become the biggest public company in the country after the delisting of BTC.
A large increase in revenues was also posted by Sopharma, which ranked sixth with nearly 167 mln leva (85.385 mln euros), and by Lead and Zinc Complex, which came 12th after H1 revenues surged 92.7% to 124.5 mln leva (63.655 mln euros).
Kremikovtzi is the only other company here (after Petrol) with declining revenues. The company ranked 4th with 363 mln leva (185.598 mln euros), or 22% down compared with the same period last year.
The total amount of revenues generated by the companies on the list in H1 exceeds 3.65 bln leva (1.866 bln euros), and they boast a total market capitalization of 13.7 bln leva (7.004 bln euros).
Here is the complete list:
Company | Revenues (in thousand BGN) | Difference % | Capitalization | |
1 | Petrol AD | 565925 | -13 | 502548215 |
2 | Bulgarian Telecommunication Company | 502527 | 0,1 | 3089783788 |
3 | Chimimport | 373408 | 122,7 | 1851200000 |
4 | Kremikovtzi | 362838 | -22,1 | 306465370 |
5 | Bulgartabak Holding | 171049 | 9,5 | 243118326 |
6 | Sopharma | 166748 | 155 | 986040000 |
7 | Synergon Holding | 151876 | 4,3 | 238481449 |
8 | First Investment Bank | 146325 | 31 | 1349700000 |
9 | Alcomet | 136579 | 36,3 | 278809453 |
10 | Neochim | 128204 | 10,9 | 200404029 |
11 | Toplivo | 126300 | 5,9 | 151779549 |
12 | Lead and Zinc Complex | 124543 | 92,7 | 663645837 |
13 | Insurance and Reinsurance DZI | 107977 | -4,3 | 727108200 |
14 | Blagoevgrad BT | 99398 | 36,4 | 235047383 |
15 | Insurance Company Bulstrad | 98496 | 16,8 | 713423340 |
16 | Drujba Staklarski Zavodi | 97383 | 12,9 | 938010384 |
17 | Eurohold Bulgaria | 91360 | n/a | 406234634 |
18 | Doverie United Holding | 83817 | 17,2 | 179363927 |
19 | Kaolin | 60474 | 35 | 406500000 |
20 | Orgachim | 59244 | 39,1 | 236720274 |
Total | 3654471 | 13704384157 |