July 18, 2018
In a post from November 2017 we looked at the top ten Slovenian companies by revenue, but today we turn to the 11 firms on the Ljubljana Stock Exchange (LSE) that make up the SBI Top Index, usually referred to as the Slovenian Blue Chips. These are the most traded shares on the exchange, and they’re presented below in in asending order of their current index free float capitalisation as of June 18 2018, with each name is followed by the stock market trading code.
*Per Investopedia this “is calculated by taking the equity's price and multiplying it by the number of shares readily available in the market”, and while it’s the figure used by the LSE note that it’s smaller than the regular definition of market capitalisation.
11. Intereuropa (IEKG) – Market cap. €20.197 million
Intereuropa, based inLjubljana, provides logistic services, including land, air and sea transport, and operates intercontinentally. Website
10. Unior (UKIG) – Market cap. €25.546 million
Unior produces industrial equipment, with its work focused on forging and sintering components for the automotive industry, as well as making hand tools and various specialised machines. It also runs a tourist resort in Rogla nad Zrece. Website
9. KD Group (KDHR) – Market cap. €31.626 million
KD Group is a holding company with businesses in the insurance, investment fund management, banking services, capital investment and real estate sectors. Website
8. Cinkarna Celje (CICG) – Market cap. €125.125 million
Cinkarna Celje is a chemical processing company that works in the production and marketing of titanium dioxide pigment and related products, as well as titanium and zinc items, powder, rubber and anticorrosion coatings. It also makes construction and joint sealants, façade plasters, waterproofing and quick bonding agents, and cement additives, in addition to many other items. Website
7. Luka Koper (LKPG) – Market cap. €175.400 million
Luka Koper provides port and logistics services in the Port of Koper, such as sorting, palletising, sampling, protection, labelling, weighing, cleaning, as well as various support services, cargo handling, warehousing, and integrated logistics solutions. It also operates in in the hotel and catering industries, as well as waste collection and recycling. Website
6. Pozavarovalnica sava (POSR) – Market cap. €180.806 million
Pozavarovalnica Sava, perhaps better known as Sava Reinsurance or Sava Re, is in the reinsurance business and is the parent company of Sava Re Group, which sells direct insurance and pensions. Website
5. Gorenje (GRVG) – Market cap. €203.457 million
Perhaps the first household name on the list, depending on your household, Gorenje produces and sells white goods and other household appliances, and has recently been taken over by China’s Hisense, which will continue to operate the brand. Website
4. Telekom Slovenije (TLSG) – Market cap. €237.891
Telekom Slovenije, which operates under the brands Mobitel and SiOl, provides fixed and mobile communications, system integration and cloud computing, construction and maintenance of telecommunication networks, digital content and services, multimedia, and digital advertising. Website
3. Zavarovalnica Triglav (ZVTG) – Market cap. €284.644
Zavarovalnica Triglav is the controlling company of the Triglav Group, which occupies a nice Plečnik building at the end of Miklošičeva Street in Ljubljana, reminiscent of the National Library, and offers insurance, asset management and banking services. Website
2. Petrol (PETG) – Market cap. €502.382
Petrol sells of oil, gas and other energy products, including electricity and heat, but is probably best known for its chain of petrol stations that also serve as convenience stores, with the company recently opening a number of standalone stores for those who don’t want have a car but still need potato chips and beer on a Sunday. Website
1. Krka (KRKG) – Market cap. €764.140
Krka is a pharmaceutical company that makes prescription and non-prescription products for humans and other animals, as well as operating a number of spa resorts around Slovenia (with spa tourism being the most popular kind in the country, in terms of overnight stays). Website
And if you want to follow the SBI Top Index on the Ljubljana Stock Exchange then you can do so here, while all our business news can be found here