The fifth edition of the "Top 100 Most Valuable Companies inRomania" Yearbook put together by Ziarul Financiar in partnershipwith Capital Partners investment bank adviser, shows that Romanianbusiness sector is on its way to recovery.
The value of companies is generally stagnating after the abruptdeclines of 2009 and 2008, which shaved off half the valueappraised in 2007. A shadow is cast by the fact that the overallvalue was influenced by the stock exchange rebound, with energy,industry, and export-oriented companies in particular seeingrises.
The overall value of the 100 companies remained around 56 billioneuros in 2010, compared with 55.7 billion euros in 2009.
The appraisal was made based on financial data for 2009 in the caseof non-listed companies, considering that companies' detailedbalance sheet for 2009 can be obtained from public sources (TheTrade Registry) only in the second half of this year. For listedcompanies (12 of them have made it into the top 100) the value isgiven by the market capitalisation as of September 30th, 2010.
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