CROATIAN OIL COMPANY "INA" TOPS LIST OF 100 MOST SUCCESSFUL BALKAN COMPANIES

SOFIA, Bulgaria (October 22,2008) - Croatian oil company INA tops a list of the 100 most successful companies in the southeastern Europe in terms of sales revenue in 2007, consulting firm Roland Berger's Zagreb office said today.

Last year INA's sales revenue exceeded 3.7 billion Euros (4.88 billion U.S. Dollars).

The list is based on a survey conducted by Bulgarian on-line news agency SeeNews, covering companies from Bosnia, Bulgaria, Croatia, Macedonia, Moldova, Montenegro, Romania, Serbia and Slovenia.

In terms of the number of companies included on the Top 100 list, Slovenia is first with 23 companies, while Croatia is second with 21.

The survey reveals that the oil and natural gas sector is the leading branch of the economy in the region, followed by electric power production and distribution, telecommunications, metallurgy, and construction.
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