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CEE Companies in a Turmoil

Published: September 14, 2010; 15:02 · (Vindobona)

According to a study by Deloitte, last year Eastern Europe’s top 500 companies showed a clear decline in sales.

CEE Companies in a Turmoil / Picture: ©

The 2009 crisis year has been responsible for a "painful" decline in sales for the 500 largest companies in Central and Eastern Europe (CEE) by about one-fifth, to 525.41 billion euro, as compared to the previous year. This is the conclusion of a ranking made by the consulting firm Deloitte.

Therefore only 90 companies could achieve a higher growth last year than in 2008, with an…

This article includes a total of 546 words.

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