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ALMA - M DOOEL Skopje: Consistent Growth Even in Times of Economic Challenges

How did the company rank over a 5-year period within the TOP 200 LARGEST AND SUCCESSFUL companies?

For more than three decades, the Alma-M company has positioned itself as one of the LARGEST AND SUCCESSFUL companies in North Macedonia, recording strong growth and expansion both in the domestic market and in the region.

This is a company that dates back to the 1990s, and thanks to its strong vision for growth and expansion, it has managed to position itself as one of the most important economic players in the Macedonian business scene.

In 2024 the company ranked 87th on the ranking list of the largest Macedonian companies and 95th on the ranking list of the most successful companies , within the framework of the 200 LARGEST AND SUCCESSFUL project.

With an average number of 315 employees , in 2024 the company managed to achieve profit growth of around 5.58% compared to the previous year and revenue growth of 5.77% , which indicates mature and stable financial decisions and a company that is a reliable partner.

How did Alma-M perform in the period 2020 – 2024?

ALMA – M DOOEL Skopje in the period from 2020 to 2024 is positioning itself as a stable player in the segment of wholesale trade in sugar, chocolate and sweet products, even though it is a turbulent period in terms of the economy - accompanied by a global pandemic and energy crisis.

In 2020 , the company generated revenues of 2,26 billion denars and a profit of 72 million denars.

However, the almost stagnant revenue growth (-0.05%) and significant profit decline (-48.71%) indicate a challenging year, likely influenced by global economic disruptions.

A strong recovery is already in the works in 2021. Revenues grow by 20.21%, reaching 2,72 billion denars , while profits increase by an impressive 116.44%, reaching 156 million denars . This indicates a successful adaptation of the company, improved operational efficiency and perhaps favorable market conditions.

In 2022 , growth continues, but at a slower pace. Revenues increase by 7.06% , while profits decline by -36.38% , suggesting pressure on margins – likely due to increased procurement or logistics costs, which is a common challenge in the food trade.

2023 represents another strong year for the company. Revenues grew by 18.93% to 3,46 billion denars , while profits more than doubled (+104.41%) to 203 million denars. This result indicates a stabilization of costs and improvement in profit margins, as well as effective management of market conditions.

In 2024, the company maintains the positive trend, but at a moderate pace.

Revenues grew by 5.77% and reached 3,66 billion denars, while profits recorded a slight increase of 5.58%, to 214 million denars.

This is a clear signal of entering a phase of maturity, where the focus is on stability and sustainable growth, rather than aggressive expansion.

The number of employees is moving in a relatively stable range, which shows that the company carefully manages its human capital without drastic expansions or reductions.

Overall, ALMA – M DOOEL Skopje demonstrates a healthy business model with continuous revenue growth and the ability to quickly recover after periods of declining profitability.

Profit fluctuations are expected in this industry, but the long-term trend indicates a company that is successfully building its position and maintaining stable market competitiveness.

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Annual edition

The State Statistical Office greets the efforts and dedication of Euro Business Center Skopje, as patron of the publication “200 Largest and most successful”, for promoting the success of the largest and most successful companies in Republic of Macedonia. Presenting official statistical data and the actual economy situation in Republic of Macedonia is of particular importance for the readers of the publication. It is a confirmation for the importance of the statistics in bringing decisions based on relevant, quality, accurate and on-time statistical data.

STATE STATISTICAL OFFICE

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