Parkiet publishes its first top 500 company ranking list

PKN Orlen oil refinery won the first place on the list of the nation's 500 largest corporations published for the first time by Parkiet. Its sales last year reached zł. 26 billion while the revenues of the second largest firm, TPSA, stood at zł. 16.6 billion, and PZU insurance group had zł 16.1 billion in sales. The most efficient companies in terms of Return on Equity (ROE) included Honda Poland car dealer, mobile operator Polkomtel and AIG Amplico Life. Twenty of the firms listed sell at least 85% of their products abroad, which points to exports as a powerful engine of growth. Moreover, most of the goods they export are highly processed ones. The ranking also showed that most investments in 2002 were carried out by telecom companies with other sectors relegated to the back of the league. (Parkiet, p. 1) J.K.