Polpharma amongst the 500 largest companies in the region

Zakłady Farmaceutyczne Polpharma SA was ranked 244th among the 500 largest companies in Central and Eastern Europe. The “TOP 500 CEE” ranking list of companies classified in terms of their revenue in 2017 was prepared for the 13th time by Coface Group.

This year’s ranking list reflects Polpharma’s significant progress – last year, the Company came in 422nd. The ranking list includes companies from Croatia, the Czech Republic, Bulgaria, Estonia, Lithuania, Latvia, Poland, Romania, Serbia, Slovakia, Slovenia and Hungary. PKN Orlen topped the list as company number 1.

“Polpharma’s improving ranking position validates the company’s dynamic development. We are a Polish national champion and a leading pharmaceutical company in Central and Eastern Europe,” says Markus Sieger, President of Polpharma. “We have been investing a lot in research and development, modern infrastructure and biotechnology. We hope that Polish companies will keep strengthening their position in the CEE region, thus contributing to the development of the entire Polish economy.”

Poland – a long-standing leader

Poland has always been a leader of the ranking list, ever since it was first put together. In this edition, 175 companies from Poland (35%) were classified among the top 500 players in the CEE region – 6 of them made it into the top 10. Their total turnover in 2017 reached a whopping EUR 262.4 billion.

About the ranking list

The “TOP 500 CEE” ranking list was developed by Coface, an international receivables insurer and a business intelligence outfit. The developers of the ranking analyse such factors as sector structure, changes to profitability and employment, as well as the condition of the markets in which the companies operate. For groups of companies, members’ consolidated results were taken into consideration to show the real importance and power of the largest companies of the region. In Poland, the latest edition was once again prepared in collaboration with the Rzeczpospolita daily and the results were officially announced on 5 September 2018 during the 28th Economic Forum in Krynica Zdrój in Salon Rzeczpospolitej.