The Slovenia Times

2011 Profit of Slovenian Companies at Five-Year Low


According to an analysis by the Agency for Public Legal Records and Related Services (AJPES) published on Thursday, the 57,798 companies included in the analysis (without banks, insurers, some financial management firms and companies in receivership) increased their revenues by 5% on the Slovenian market, by 17% in the EU and by 16% outside the EU.

The 61.6% of the companies that generated a profit made a total of EUR 2.62bn net, which is 6% more than in 2010. The 34.3% finishing 2011 in the red, made a net loss of EUR 2.17bn, 1% up from the year before.

Operating profits contributed EUR 2.31bn to the sum or 5% more than in 2010 and other activities added EUR 225.3m. Operating loss of companies in the red was down 0.2% to EUR 1.62bn.

The highest net profit in 2011 was generated in manufacturing (EUR 543m) in vehicles sales, maintenance and repair (up 131% to EUR 284.2m), in energy, gas and steam supply (EUR 133.2m) and in scientific and technical activities (EUR 118.5m).

Net loss was highest at companies in financial and insurance activities (up 131% to EUR 441.3m), construction (173.9m) and in hospitality (EUR 70.2m).

Micro businesses with a net loss and large companies, the only ones to increase their net profit, affected the total results the most.

Companies generated EUR 16,85bn in value added, which is 4% more than in 2010. Net value added per employee increased by 3% to EUR 37,512.

In 2011, the average monthly pay increased by 3% nominally to EUR 1.416, a 1% increase in real terms.

A total of 5,852 new companies were established in Slovenia in 2011, which is 5% more than the year before.

Of all the companies registered in Slovenia, 93.4% were micro businesses, 4.1% were small enterprises, 1.3% were medium-size and 1.2% were large companies.

The companies employed a total of 449,235 people, which is 1% more than in 2010.


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