Volkswagen Slovakia has topped the ranking of Slovakia’s largest companies by revenue for the second consecutive year, according to data from the Finstat service.
Volkswagen Slovakia’s revenue exceeded €12 billion in 2025. Kia Slovakia ranked second, although its revenue was almost €5 billion lower. The automotive industry remains the most prominent sector in the ranking overall: nine companies involved in vehicle and component manufacturing made it into the top 50. Their combined revenue reached €28.8 billion, accounting for approximately 39% of the total revenue generated by the country’s largest companies.
Energy and mining ranked as the second-largest sector, with five companies generating a combined revenue of around €9.5 billion. The ranking also includes a significant number of companies from the chemical and plastics industries, wholesale trade and the financial sector.
In total, Slovakia’s 50 largest companies generated more than €73.9 billion in revenue in 2025, with almost 44% of that amount coming from the top five. Medical insurance companies were excluded from the ranking because their revenues are primarily generated through mandatory public health insurance and are therefore not directly comparable with the revenues of commercial businesses.
Top 10 Slovak companies by revenue in 2025. Data: Finstat
| Company | Industry | Revenue, € billion | Annual change, % |
| Volkswagen Slovakia | automotive manufacturing | 12 023.9 | -4.0 |
| Kia Slovakia | automotive manufacturing | 7 117.6 | -11.9 |
| Slovnaft | oil refining | 5 612.8 | +1.0 |
| PCA Slovakia | automotive manufacturing | 4 431.4 | +118.4 |
| Slovenské elektrárne | energy | 3 756.4 | +0.8 |
| Slovenský plynárenský priemysel (SPP) | energy | 2 463.2 | -11.0 |
| U. S. Steel Košice | metallurgy | 2 396.8 | -10.7 |
| Mobis Slovakia | automotive manufacturing | 1 858.4 | -7.1 |
| MSM Export | military products | 1 841.5 | +185.3 |
| Continental Tires Slovakia | chemicals | 1 789.8 | +2.2 |
The largest increase in revenue in 2025 was recorded by MSM Export, a company engaged in the trade of military products, with growth of more than 185%. It was followed by automotive company PCA Slovakia, whose revenue increased by 118%.
Double-digit revenue growth was also achieved by Porsche Slovakia, pharmaceutical company Unipharma and online retailer Alza.
The most significant decline in revenue was recorded by electricity distributor ZSE Energia, whose revenue fell by almost 53%. Declines were also reported by Panasonic and automotive components manufacturer Faurecia. Revenue also fell at Kia Slovakia, although the company retained second place in the overall ranking.
Company profits
The energy company Slovenské elektrárne was the most profitable company in 2025, earning almost €979 million. Interestingly, it ranked only fifth in terms of revenue. Kia Slovakia took second place in terms of profit despite its decline in revenue.
Nine companies in the top 50 ended the latest reporting period with a loss. The largest loss, €56 million, was recorded by steelmaker U. S. Steel Košice. Automotive component suppliers ZKW, Faurecia and YURA also reported losses. Retail chains Billa and Metro recorded smaller losses.
Top 10 Slovak companies by profit in 2025. Data: Finstat
| Company | Industry | Profit, € million | Annual change, % |
| Slovenské elektrárne | energy | 979 | +20.1 |
| Kia Slovakia | automotive manufacturing | 451 | -33.9 |
| Slovenská sporiteľňa | finance | 299.3 | +5.7 |
| VÚB | finance | 268.6 | +6.6 |
| MSM Export | automotive manufacturing | 262.3 | +213 |
| Tatra banka | finance | 240.1 | +11 |
| Slovenský plynárenský priemysel (SPP) | energy | 238.3 | -14.7 |
| Volkswagen Slovakia | automotive manufacturing | 226.5 | -21.6 |
| Continental Tires Slovakia | chemicals | 213.9 | -0.3 |
| Slovnaft | oil refining | 195.8 | -46.5 |
The ranking is based on the latest available annual reports from the companies, so 2025 figures may still be unavailable for some businesses. For example, Tesco Stores SR’s financial year ends in February, while some companies have an extended deadline for filing their tax returns until September 2026.
