Date: 08.11.2024
Seznam Zprávy and the consulting company Deloitte have compiled the second edition of the Czech elite ranking. The purpose of the ranking is to point out that despite the above-average share of foreign capital in the domestic economy, it is companies with Czech owners that are the backbone of the economy in terms of value created and employment.
The top 100 most valuable companies include established companies with roots going back deep into the last century, but also a number of young companies that have only recently been launched by their founders. The rankings are based primarily on the performance of the companies in the most recently closed financial year. The value estimate is based on standard indicative valuation procedures derived from the companies' earnings, their debt and a comparative base determined by the value attributed by the capital markets to industry peers in Europe.
The total value of the 100 companies in the ranking reached CZK 2.93 trillion this year, an increase of one third year-on-year. The lower threshold for entry into the top 100 has moved from 2.1 billion to 3.3 billion. The median growth, i.e. the year-on-year rise in the middle of the peloton, unbiased by the extreme jumps of exceptionally successful and unsuccessful companies, was 15 per cent.
CE Industries operates in strategic sectors on which Europe's future prosperity depends: railways, energy and recycling. Our inclusion in the ranking shows that growth is possible even in the extremely difficult conditions of European regulation and high energy prices.