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Celebrating The Best - Which Companies Made the List of the 200 Largest and Most Successful Companies for 2023?

In the 21st edition of the "200 LARGEST AND MOST SUCCESSFUL" companies in North Macedonia for 2023, the best businesses are highlighted for demonstrating resilience and innovation in the face of economic challenges. This publication serves as inspiration for other companies and helps them understand trends and opportunities in the local economic landscape.

We are excited to share the 21st edition of the "200 LARGEST AND MOST SUCCESSFUL" companies in North Macedonia, highlighting the best in the Macedonian business sector. This publication showcases businesses with the highest revenue and profit while reflecting the resilience and innovation of our companies during a challenging year.

Why is This Edition Important?

In 2023, Macedonian companies faced significant economic challenges, including high inflation, geopolitical tensions, and reduced trade. Despite these issues, many businesses showed determination and continued to grow. The "200 LARGEST AND MOST SUCCESSFUL" edition celebrates this resilience and encourages companies to aim for greater achievements. It provides an overview of the top companies based on revenue and profit, employee numbers, industries, and regional presence, using data from the Central Registry of North Macedonia. This serves as a guide to identify key market players and helps businesses understand trends and opportunities in the local economy.

How Does This Edition Help Businesses?

The "200 LARGEST AND MOST SUCCESSFUL" edition supports the growth of Macedonian businesses. By sharing success stories, it inspires others to follow best practices. Companies featured in the edition gain recognition for their hard work, boosting their reputation and helping them attract new clients, partners, and investors. The edition also analyzes economic trends, assisting businesses in making strategic decisions. With a focus on various industries, it provides a platform for learning, sharing experiences, and building business networks.

Key Findings from 2023

Despite a slowdown in the Macedonian economy, which grew only 1% in 2023, local companies demonstrated resilience and adaptability. Notable growth occurred in the construction and financial sectors, contributing to stability. A positive increase in exports (3.1%) and a reduction in imports (5.5%) helped decrease the trade deficit. This shows that Macedonian companies are successfully adapting to challenges and improving competitiveness.

Congratulations to the Best and Most Successful – Deservedly at the Top

Congratulations to all the companies that made it onto the list of the 200 largest and most successful in North Macedonia! Your achievements reflect your commitment and leadership, setting high standards in the business community. This recognition is not just for the past but also a motivation for the future. We hope you continue to grow and be part of this prestigious publication next year, inspiring others and contributing to the development of the Macedonian economy.

Tikveš: A Macedonian Wine Brand with Global Recognition and Continuous Growth

Tikveš generated MKD 3.73 billion in revenue in 2024 and continued winning prestigious international wine awards, strengthening the global reputation of Macedonian wines.

What Is an Employee Worth in North Macedonias Largest Companies? Productivity, Inequality, and Structural Shifts in 2025

An in-depth analysis of productivity across North Macedonia’s largest companies in 2025, revealing revenue and profit per employee, sectoral imbalance, and structural dependence on export-driven industries.

Triglav Insurance Maintains Strong Position Among Leading Insurance Companies in Macedonia

Triglav Insurance recorded gross written premium of MKD 1.62 billion in 2024, remaining one of the key players in the non-life insurance sector in North Macedonia.
Annual edition

The publication “200 Largest and most successful” is a very useful source of information that gives a precise image of the financial and business operations of the 200 largest and most successful companies in Macedonia to every investor.

The securities market is basically moved by information and it is in the Stock exchange’s highest interest that more data about the operating of the companies are available to public so that they can bring the right investing decisions.

MACEDONIAN STOCK EXCHANGE, Skopje

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