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

In 2023, RENEWABLE ENERGY SUPPLY RES achieved exceptional results, with total revenue of 5.95 billion MKD, representing an annual growth of 75.76%. Pre-tax profit reached 279.81 million MKD, an increase of an impressive 93.12% compared to 2022. With these results, the company rose to 40th place on the list of 200 LARGEST and 57th place on the list of 200 MOST SUCCESSFUL companies in North Macedonia for 2023.

Aggressive growth and market share expansion

In just two years, the company increased its sales by more than 23 times, going from revenues of 252 million MKD in 2021 to almost 6 billion MKD in 2023. This growth indicates a strong positioning in electricity trade and efficient use of market opportunities.

Exceptional Profitability

The increase in profit by 93.12% in 2023 shows not only a growth in the volume of work, but also an improvement in margins and operational efficiency. The company manages to generate significant profit with a relatively small number of employees, which highlights its productivity.

Scalable business model

The doubling of the number of employees in 2023 is an indicator of organizational expansion in order to support growth. The strategy to enter the top 50 largest companies was realized in just one year, which indicates a high degree of scalability and agility.

RENEWABLE ENERGY SUPPLY RES in an exceptionally short period of time has transformed from a new market player into one of the leaders in the Macedonian energy sector. With exponential revenue growth, significant profitability and a stable position on the lists of 200 LARGEST and 200 MOST SUCCESSFUL, the company sets high standards in the industry and has the potential for further regional expansion.