The largest Russian companies: an overview

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Russia is a country with a rapidly developing economy in the last decade. Every year more and more companies open in our state, business begins to intensify. In this article, we will talk about the largest Russian companies.

Gazprom

PJSC "Gazprom" was founded in 1990. In just a few years of operation, this company has become one of the largest in Russia. The corporation's activity is the extraction, transportation and processing of gas and oil. It occupies a key place in the production of thermal energy. An interesting fact is that in 2016 alone, the corporation's net profit amounted to about 325 billion rubles. Other major Russian oil companies are behind Gazprom by several positions. Until 2011, the corporation had a monopoly on the export of gas from the state.

In 2011, the company was honored to be in first place in the Forbes ranking of "100 most profitable companies in the world." Now it ranks first in terms of profitability in Russia.

Sberbank

Successful Russian commercial bank for several years in a row has consistently been in the TOP-10 largest Russiancompanies. As of 2016, the bank's net profit amounted to slightly less than 542 billion rubles. Sberbank provides customers with a wide range of banking services, which is the most popular among the Russian population.

Even such a large organization has experienced political problems. For example, in Ukraine, activists urged compatriots not to be served by Sberbank. In 2013, pogroms and damage to the company's property became more frequent. And in 2014, the financial institution came under EU sanctions.

Russian Railways

RZD is one of the youngest among the largest Russian companies. It was founded in 2003 by the government of the Russian Federation. Net profit for the last year amounted to just under 4 billion rubles. Since 2015, Oleg Belozerov has been appointed President of Russian Railways. By 2017, the company plans to open a major railway museum in St. Petersburg.

Rosneft

The company was founded in 1993, and its main enterprises were opened in Soviet times. If in 1998 Rosneft faced huge financial difficulties and was in a crisis situation, now the annual profit is about 377 billion rubles.

As a rule, large companies in the Russian market pay a lot of attention to ecology and the environment, Rosneft is no exception. The Corporation guarantees its employees safe working conditions, improves their quality of life and supports educational projects, in particular the universitythem. Gubkin.

Magnet

"Magnet" is a popular grocery store chain among the Russian population, often in the "convenience store" format. The network was founded by Sergei Galitsky, who opened the first Magnit in 1994. In 2008, at the height of the crisis, the company received state support. Over the past year, Magnit's net profit amounted to about 27 billion rubles. In 2016, the network included more than 12,000 stores. Not all the largest Russian companies have such a number of stores.

X5 Retail Group

The public company was established in 2005 by the merger of two fairly large Russian retail chains - Perekrestok and Pyaterochka. Every year the company expands more and more and opens new networks. Over the past decade, the Karusel hypermarkets, the Zeleny Perekrestok premium supermarket, and Express stores have been opened. For the year, the company's net profit amounted to more than 22,000 million rubles. As of 2016, the number of employees of the company is just under 200 thousand people.

Russian enterprises often take part in charitable assistance, X5 Retail Group is far from an exception. Life Line is a fund with which the holding has been cooperating for a long time. The Foundation aims to save seriously ill children. A few years ago, a charity campaign "Candy of Life" was launched in all stores of the chain. ATPyaterochka receives food gifts for veterans every year.

Other companies

There are a lot of fast-growing, modern, progressive companies on the Russian market. Entrepreneurship is very popular in the country. Unfortunately, it is impossible to tell about all successful corporations in one article. Every year we learn about the emergence of successful young Russian companies. Some are listed below:

1. Lukoil. The main profile of the company is the production and processing of gas and oil, as well as marketing. Net income for 2015 is just under $5 billion.
2. VTB Bank. The success of the bank suggests that the controlling stake in its shares belongs to the Russian state. Profit for 2016 - more than 51 billion rubles. The bank is managed by Andrey Kostin.
3. MegaFon is the largest mobile operator, providing various services from providing Internet access to selling cell phones. Since 2012, the company has acquired its own brand, selling branded smartphones, miniphones, flash drives with the Internet, as well as tablet computers.
4. AvtoVAZ. In this article, only successful Russian companies were presented. The list cannot but include the largest company, AvtoVAZ, which has only been making losses lately. The AvtoVAZ production and museum are located in Tolyatti. Unfortunately, the company annually generates losses of several billion rubles.
5. Bashneft.
6. Surgutneftegaz.
7. Metalloinvest.
8. Megapolis Group of Companies.

In this article we talked about the most famous companies in the Russian Federation. Each corporation is engaged in charity, is closely connected with the state.