The total revenue of the TOP 1,000 fast-growing companies in Serbia has increased from 1.7 billion euros in 2020 to an impressive 10.2 billion euros in 2022, with the fastest growth attributed to the company Serbia Zijin Mining from Bor.
The list by Poslovne novine from Sarajevo is based on the revenue growth of companies in the last three years, and the companies are ranked according to the Compound Annual Growth Rate (CAGR).
At the top of the list of Poslovne novine from Sarajevo for the 100 fastest-growing companies in Serbia are Serbia Zijin Mining, with a CAGR of 818%, Incanto Industries d.o.o. from Bačka Palanka with a CAGR of 669%, and Aleksandar Gradnja d.o.o. from Novi Sad with a CAGR of 638%.
The first ten also include Novi Sad’s Hidroteam Solutions d.o.o. and Tabex d.o.o. from the village of Mačvanski Pričinović, Hankook Tire d.o.o. from Belgrade, TT Kabeli d.o.o. also from Belgrade, Coka d.o.o. Vučak Smederevo, Cargochem Solutions d.o.o, and Takenaka Europe GMbH branch Belgrade.
The key sectors leading in this growth, among the top 100 companies on the list, account for almost one-third of the total revenue. These sectors include primarily the construction of residential and non-residential buildings, which stands out with an extraordinary revenue growth of 30% in the last three years, while consulting activities related to business and management have experienced a significant increase of 22%.
Non-specialized wholesale trade recorded a revenue growth of 15%.
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