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145% profit growth for Adora Engineering's 20th birthday

The end of the second decade of its existence, Adora Engineering, today known as Adora Business Group, ended with an increase in total revenues of 58.1% and an increase in profit before tax of 144.9%.

Adora engineering is a company founded in 2002 by prof. Vancho Cifliganec PhD, a well-known businessman and philanthropist in our area. In just a few years since its foundation, Adora has become part of the 200 most successful companies, achieving greater profits year after year and climbing to the top of the list. Since 2011, the company has been included in the list of the largest companies by revenue too.

The tabular representation of Adora Engineering's operations in continuation of this text shows us the annual changes in total revenues and profit before tax as well as in the number of employees.

Adora is a permanent part of the pages of the 200 LARGEST AND SUCCESSFUL during the 20-year tradition of the edition, and it reached its peak in the rankings in 2012 when it was the 12th most successful company and the 87th largest according to the rankings with a profit of MKD 619.5 million  and income of MKD 1.2 billion.


However, the company achieved the highest revenues in 2017 in the amount of MKD 1.52 billion. See the data on Adora over the years here.


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The “200 Largest and Successful” review is very helpful for us from the international community. Indeed, the French Embassy is always looking for useful economic indicators and your review allow us to be well informed and to easily identify the most important economic agents of the Macedonian market. Your publication is also one of the best to stay up-to-date with Macedonian fast-moving economy and we are pleased to receive each new edition.

Laurence Auer, French Ambassador in Skopje

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