Business News

Car Maker Revoz Remains Slovenia's Top Exporter

Ljubljana, 29 March (STA) - Revoz, the Slovenian subsidiary of French car maker Renault kept its primacy as Slovenia's biggest exporter in 2009, ahead of home appliance maker Gorenje and pharma company Krka. The trio generated EUR 3bn or a third of Slovenian exports last year, according to a list of top 135 exporters in Monday's Delo.

Revoz exported EUR 1.26bn worth of goods last year, while Gorenje exported EUR 958.4m and Krka EUR 776.3m, says Delo's business supplement Delo FT.

They are followed by car parts producer Cimos (EUR 305.6m), steel group SIJ (EUR 293.9m), aluminium maker Impol (EUR 268m), power producer HSE (EUR 240.5m), energy group Petrol (EUR 233m), coatings maker Helios (EUR 226.8m) and home appliance maker BSH Hisni aparati (EUR 196.8m).

Revoz, Gorenje, Krka, Cimos and SIJ topped the list of exporters to EU markets, while Gorenje, Petrol, Helios, Krka and hardware retailer Merkur exported the most to the markets of the former Yugoslavia.

The top five exporters to other markets are Krka, Gorenje, shipper Splosna plovba, Danfoss Compressors and Helios.

Companies which saw their exports drop the most in 2009 are Store Steel (-77%), housing components maker Almont (-72%) and car seat cover producer Prevent Global (-71%).

Slovenia's top 135 exporters generated last year a total of EUR 9bn of exports, which is 56% of the total exports and 60% of the total exports to the EU. Exports to the bloc amounted to EUR 6.7bn.

Biggest exporters expect that exports will shrink in 2010 by 14% compared to the year before, according to Delo.

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