#countryfocus | What are the most profitable German/Austrian companies in Romania

There are 5,724 companies in Romania, with more than 10 percent direct shareholding from Germany & Austria, which have declared financial data at the end of 2015, according to ICAP Romania.

The exclusive data submitted to Business Review by ICAP Romania show that these companies had a combined turnover of EUR 31 billion and recorded 286,211 employees as of December 2015.

Close to 60 percent of the employees were recorded in the manufacturing sector, which generated 36 percent of the overall turnover of firms with German and Austrian capital.

There were 47 companies that recorded a turnover above EUR 100 million in 2015, out of which four companies recorded values greater than EUR 1 billion.

The German/Austrian investment community will have its say in the first day of the Country Focus Community Forum, which is organized by Business Review on June 13-14 in Bucharest.

Top 5 companies with German&Austrian capital by turnover at end-2015

Company Turnover

OMV Petrom EUR 3 bln

Kaufland Romania EUR 2 bln

British American Tobacco EUR 1.6 bln

Lidl Discount EUR 1 bln

Metro Cash & Carry Romania EUR 999 mln

Top 5 companies with German&Austrian capital by profit at-end 2015

Company Turnover

Kaufland Romania EUR 649 mln

British American Tobacco EUR 436 mln

Holzindustrie Schweighofer EUR 206 mln

Lidl Romania EUR 172 mln

Holcim EUR 128 mln

Source: ICAP Romania

The activity of the American investment community in Romania will be highlighted during the Country Focus Community Forum, which will be attended by high-level executives, entrepreneurs, officials and investors from the strongest foreign communities in Romania.

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