Most valuable companies in Romania

Petrom, Fondul Proprietatea and Hidroelectrica are leading in the Top 100 most valuable companies in Romania 2010 ranking, the fifth edition of the yearbook published by Ziarul Financiar. The ranking is drawn up together with Capital Partners investment firm.

Petrom, Fondul Proprietatea and Hidroelectrica are the most valuable companies in 2010, with a market value of 4.5bn euros, 3.8bn euros and 3.35bn euros respectively, whereas in 2009 the top three positions were held by Petrom, Orange and Fondul Proprietatea.
Energy companies have thus won the leading positions in the ranking, considering the value of Fondul Proprietatea is primarily based on its stakes in energy companies.
The ranking was put together at the initiative of Ziarul Financiar, in 2006, jointly with Capital Partners, one of the biggest independent M&A and funding consultancies in Romania.
The purpose of publishing the ranking is to get a picture of the trend of the value of companies in Romania every year.
The most spectacular increase, from 169m euros in 2009, to 447m euros this year, was registered by Cluj mobile phone plant Nokia.
This year, there are eight new entrants in the ranking, of which five manufacturing companies (Arctic-electrical home appliances, Holzindustrie-wood prefabricates, Johnson Controls, Continental Automotive, Pirelli-car parts). A&D Pharma, Romstrade (constructions, controlled by Nelu Iordache), Groupama (insurance) also joined the ranking.