The largest Ukrainian mining and metal group Metinvest was fourth in 2013 in the Deloitte Top 500 Central Europe 2014 report.

According to a press release of Deloitte, the 2014 edition of the Deloitte CE Top 500 report includes 53 Ukrainian companies, while in 2012 some 51 Ukrainian companies were included in the report.

Almost half of the Ukrainian companies saw revenues drop last year.

The results of the rating showed slow in the pace of the economic growth in 2013 and the decline in financial indicators of the major part of companies in Q1, 2014. In 2013, growth in revenues of Ukrainian companies was zero in terms of euros, while in hryvnias the indicator was 3.2%.

While last year Ukraine was second among European countries in the pace of growth of revenues of the largest companies, with an average indicator of 16.2% in euros, this year Ukraine was seventh in the pace of growth. Slovakia, Hungary, Slovenia, the Czech Republic, Bulgaria and Latvia were behind Ukraine.

In 2013, three Ukrainian companies were in the top ten. As in 2012, Metinvest tops the list of the largest Ukrainian companies in 2013, which was fourth in the general rating, despite a fall in revenue by 1.3%. DTEK managed to strengthen its positions climbing from seventh to fifth position. Revenues of the largest energy holding of Ukraine in 2013 grew by 8.9%. However, profits of the two companies considerably dropped – by 14.7% in Metinvest and by 45.8% in DTEK.

Energomarket company, which is also in the top ten with a rise in revenues by 0.8% strengthened its positions in the rating by one position, climbing to seventh.

Naftogaz Ukrainy in 2013 for the first time was not in the top ten due to a decline in revenues by 25.8%: the company dropped from fifth position in 2012 to 11th.

"Financial indicators for 2013 show that the dynamic growth of Ukrainian companies seen in the previous years stopped before the worsening of the political situation in the country – the pace of business development in 2013 stopped at zero. Today Ukraine is surviving the period of transformation, which is important for its identification and defining top priorities. This period is critically important for the reformation of the country and resumption of trust," a managing partner of Deloitte Andriy Bulakh said.