Fast-Growing Giants of Serbia – Income of 1,000 Most Successful Companies Jumps from EUR 1.7 to 10.2 Billion Since 2020

Source: eKapija+ Tuesday, 23.01.2024. 14:18
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(Photo: Poslovne novine)
Analyzing the list of the 1,000 fastest-growing companies from Serbia, there is a visible trend which points to an important sector-based progress in three consecutive years. The total income of these companies has experienced a significant increase, from EUR 1.7 billion in 2020 to the impressive EUR 10.2 billion in 2022, highlighting the accelerated economic development.

Focusing on the 100 most successful companies from this list reveals the key sectors which drive this growth, comprising nearly a third of the total income.


The sector of the construction of residential and non-residential buildings stands out with an income increase of 30%, whereas consulting activities related to business and other management have jumped 22%.

Non-specialized wholesale trade has also recorded a respectable 15% income growth.

These data are the result of the published ranking lists of the fast-growing companies from the six countries of the region on the www.adria1000.com platform, which was recently published by Poslovne Novine from Sarajevo. Ranking according to the compound annual growth rate (CAGR) is in line with the European and global standards and additionally emphasizes the specificities of the markets.

A view to the TOP 100 fastest growing companies in Serbia reveals the leader which has achieved remarkable success, with an income exceeding EUR 1 billion, which is a considerable jump compared to EUR 12 million from only three years ago.

This in-depth analysis points to the dynamics of the economic growth, the key development sectors and the strong impact of the leading companies on the overall economic image of Serbia.

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