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ILINDEN AD: A leader in road infrastructure with outstanding growth and profitability

ILINDEN AD from Struga recorded remarkable revenue and profit growth in 2023, positioning itself as a leader in road and highway construction in North Macedonia.

ILINDEN AD from Struga is a strong symbol of quality and continuity in the construction sector in Macedonia. The company, which specializes in the construction of roads and highways, has recorded impressive growth in revenue and profit, strengthening its position as one of the leading players in the country's infrastructure development.


Financial results that leave an impression

In 2023, ILINDEN AD achieved total revenue of 1,918,030,494 MKD, which is an increase of over 60% compared to 2022, when revenue amounted to 1,195,876,792 MKD. This growth is even more impressive when compared to 2019, when revenue was 789,530,263 MKD – more than a double increase in a five-year period.

The company's profitability is also on the rise. In 2023, pre-tax profit reached 514,886,009 MKD, which is almost three times more than the previous year. Such figures position ILINDEN AD as one of the most successful companies in the country.


High positions on the lists of the largest and most successful

The company took the 35th place on the ranking list of the 200 most successful companies in Macedonia for 2023, jumping from 98th place the previous year. This progress reflects not only excellent financial efficiency, but also the strategic orientation and long-term stability of the business model.

ILINDEN AD again found itself on the list of the 200 largest companies by revenue, taking 154th place in 2023.


Teamwork and Human Capital

With an average of 140 employees in 2023, ILINDEN AD has maintained a stable staffing level, which has fluctuated between 140 and 150 people over the past five years. This balance indicates the company's ability to optimize its resources without compromising the quality or scope of services.

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TDR Skopje Shows Stable Growth and Increased Profitability in Tobacco Trade

In 2023, TDR Skopje achieved revenue of 3.11 billion MKD and profit of 22.3 million MKD, recording a 9.69% revenue increase and a significant 54.96% boost in profitability.

Renewable Energy Supply RES Achieves Record Growth and Enters Top 50 Largest Companies in North Macedonia

In 2023, Renewable Energy Supply RES achieved revenues of 5.95 billion MKD and profit of 279.8 million MKD, entering the top 50 largest companies in North Macedonia with record growth.
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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