Serbia’s Largest Companies by market capitalization, 2024

As of July 22, 2024, SJAJ U TAMI is the most valuable company in Serbia, with a market cap of $4.35 billion. Following it are NAFTNA INDUSTRIJA SRBIJE ($1.21 billion) and NLB KOMERCIJALNA BANKA ($773 million).
Which one is the most valuable in Serbia by market cap?
This list comprises the biggest companies currently in Serbia by market cap in 2024:
Serbia’s Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPTIAL (USD DOLLAR) |
|---|---|---|
| 1 | SJAJ U TAMI A.D. | $4.35 billion |
| 2 | NAFTNA INDUSTRIJA SRBIJE A.D. | $1.21 billion |
| 3 | NLB KOMERCIJALNA BANKA A.D. | $0.773 billion |
| 4 | AERODROM NIKOLA TESLA A.D. | $0.618 billion |
| 5 | PHILIP MORRIS OPERATIONS A.D. NIS | $0.424 billion |
| 6 | MESSER TEHNOGAS AD | $0.236 billion |
| 7 | FINTEL ENERGIJA A.D. | $0.168 billion |
| 8 | KOMPANIJA DUNAV OSIGURANJE A.D.O. | $0.156 billion |
| 9 | IMPOL SEVAL VALJAONICA ALUMINIJUMA A.D. | $0.061 billion |
| 10 | ENERGOPROJEKT HOLDING A.D. | $0.037 billion |
| 11 | DUNAV RE A.D.O | $0.030 billion |
| 12 | METALAC A.D., GORNJI MILANOVAC | $0.029 billion |
| 13 | PUTEVI A.D | $0.021 billion |
| 14 | SOJA PROTEIN A.D. BECEJ | $0.021 billion |
| 15 | ZITOPEK A.D. | $0.019 billion |
| 16 | KOPAONIK A.D. | $0.019 billion |
| 17 | GOSA FOM A.D. | $0.018 billion |
| 18 | MPP JEDINSTVO A.D. | $0.016 billion |
| 19 | IKARBUS A.D. | $0.016 billion |
| 20 | PD OMOLJICA AD U RESTRUKTURIRANJU | $0.010 billion |
| 21 | LASTA A.D. | $0.009 billion |
| 22 | INFORMATIKA A.D | $0.008 billion |
| 23 | UTVA SILOSI A.D. | $0.006 billion |
| 24 | AMS OSIGURANJE A.D. | $0.006 billion |
| 25 | JUGOPREVOZ KRUSEVAC A.D. , KRUSEVAC | $0.006 billion |
| 26 | RUDO A.D. | $0.002 billion |
| 27 | ZLATARPLAST A.D. | $0.002 billion |
| 28 | TERMIKA-BEOGRAD A.D. | $0.001 billion |
| 29 | SLOGA A.D. | $0.001 billion |
| 30 | GP PLANUM AD | $0.001 billion |
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