2016 CE Top 500 Report - Deloitte

Deloitte analysis illustrates the economic swings the region has undergone through five distinct periods. At their simplest, these were the continuation of the economic boom that lasted in total from 2002 to 2008, the global economic and financial crisis of 2009, followed in 2010 by a short-lived recovery in our region's ...
3MB Sizes 1 Downloads 454 Views
Central Europe Top 500 An era of digital transformation 2006-2016

We thank Rzeczpospolita daily for their contribution to the 2016 CE Top 500 ranking.

Central Europe Top 500 |  2016

Ranking overview

10

The Index of Success

40

10 Years of sustainability

44

in Central Europe Digital Transformation

46

- the inescapable opportunity Top 500 ranking

49

Methodology 60 Leaders on impact of digitalization

63

Contacts 86

03

Central Europe Top 500 |  2016

Driven by digitalization

04

Central Europe Top 500 |  2016

Welcome to the Deloitte Central Europe Top 500 ranking and report for 2016 – the 10th edition of this key annual publication, which provides a unique source of insight into the performance of our region’s largest and most important companies. Rather than focus only on the economic trends of the past 12 months, in light of the report’s anniversary, I would like to also look back at some of the significant events that have impacted Central Europe over the past ten years. Deloitte analysis illustrates the economic swings the region has undergone through five distinct periods. At their simplest, these were the continuation of the economic boom that lasted in total from 2002 to 2008, the global economic and financial crisis of 2009, followed in 2010 by a short-lived recovery in our region’s northern Visegrad countries (Poland, the Czech Republic, Slovakia and Hungary). Then, in 2011 and 2012, we saw further weakening among northern countries, while those to the south of the region started a mild recovery. And lastly, we saw the start of a considerably stronger economic period in 2013. This continues today, with the countries of South

Eastern Europe lagging some six to nine months behind their northern neighbors. The overriding message from the analysis is that throughout this entire period, GDP growth in countries across our region has consistently outpaced Western Europe. This continues today, with 2016 GDP predictions for Central Europe behind only the Asia Pacific region. The positive forces contributing to this healthy picture include the availability of EU funds, inbound investment and slackening austerity programs. I also believe that the onward march of digitalization – a key focus of this report – is playing a very important role by enabling many of our largest companies to become more efficient, more customer-focused and ultimately more successful. As one interviewee featured in this report told us, “The digital revolution has the potential to completely transform market conditions in different sectors of the economy faster than any other development in the history of business.”

global economies, digitalization is the most powerful enabler with the greatest potential for driving positive change. None of us can ignore the extent to which the continued success of Central Europe’s economy is interlinked with the digital strategies of its leading companies. So it is highly informative to read in this report about the passionate intensity with which our region’s business leaders are helping to shape their companies’ digital futures.

Alastair Teare Chief Executive Officer Deloitte Central Europe

I couldn’t agree more. Of all the “megatrends” affecting how companies compete and perform in the regional and 05

Brochure / report title goes here |  Section title goes here

“The majority of countries in CE saw an increase in the rate of their economic growth. The only country whose economy declined in 2015 was Ukraine.“ The results of the 2015 ranking of the 500 largest companies demonstrate that the majority of countries in CE saw an increase in the rate of their economic growth. The only country whose economy declined in 2015 was Ukraine (down by 9.9 per cent), where endurin