Top Firms in Slovakia Grow Despite Economic Stagnation

Bratislava, 16 May (TASR) - Despite economic stagnation in Slovakia, some companies on the market posted significant revenue growth last year, according to findings based on an analysis of 2025 financial statements of Slovak companies by the Finstat website. The total revenue of Slovak companies rose by just under 1 percent year-on-year. Net profit, however, fell for the second consecutive year, declining by more than 2 percent. The strongest performers were companies in the arms industry, construction and automotive sectors. The highest absolute increase was recorded by Porsche Slovakia, followed by 4MP International. The total revenue of 151,000 Slovak companies that had submitted financial statements by the beginning of May amounted to €99 billion, representing year-on-year growth of just under 1 percent. Net profit declined for the second year in a row by more than 2 percent. In 2025, companies recorded a combined net profit of €5.139 billion. The highest absolute increase was recorded by Porsche Slovakia, which oversees sales of selected Volkswagen Group brands in Slovakia. Its revenue rose by more than €127 million year-on-year to over €642 million. Second place went to Novaky-based 4MP International, which operates in arms consulting and redistribution. The company, employing three people, achieved revenue of €176 million and net profit of €10 million. The top five companies with the highest year-on-year revenue growth also included electricity trader Energy Trading Company, construction firm Strabag and the state-owned National Motorway Company (NDS). NDS benefited mainly from higher income from electronic toll collection and motorway vignettes. Retail also recorded significant growth — dm drogerie markt increased its revenue to almost half a billion euros while maintaining its dominant position among drugstore chains in Slovakia. Kosice-based GymBeam also ranked among the ten fastest-growing companies by absolute increase, with revenue rising to more than €207 million. The company benefited mainly from expansion into foreign markets. In terms of relative growth, Skyeton dominated the rankings. The company, which manufactures drones and unmanned technologies for the Ukrainian army in Haniska near Kosice, increased its revenue by more than 1,300 percent year-on-year to €32.7 million. Other companies with strong growth included construction company ARES Invest, construction waste processing firm Georem, architectural studio A-Studio and Khepri company, a wholesale business with a Ukrainian owner. mf/am