Top 10 Biggest Companies in Russia

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Russia has a mixed economy with a high level of revenue and governmental ownership in key sectors. Many of the biggest companies in Russia are state-owned or ... read more...

  1. Top 1

    Gazprom

    Gazprom is a Russian energy company that specializes in the exploration, production, transportation, and marketing of natural gas. Gazprom was founded in 1989 when the Soviet Ministry of Gas Industry was turned into a company, becoming the Soviet Union's first state-run corporate firm. Following the fall of the Soviet Union, Gazprom was privatized while keeping its Russia-based assets. In the 2020 Forbes Global 2000, Gazprom was ranked as the 32nd largest public company in the world.

    Gazprom
    has one of the largest reserves of natural gas in the world, and it operates fields and pipelines across Russia and several other countries. The company is also involved in the production of crude oil and other petroleum products, as well as electricity generation. Additionally, Gazprom exports natural gas to numerous countries in Europe and Asia, making it one of the world's largest exporters of natural gas.


    As of April 2022, the company has a market cap of $73.26 B. According to Gazprom's latest financial reports, the company's current revenue (TTM) is $138.28 B. In 2020 the company made a revenue of $83.30 B a decrease over the years 2019 revenue that was $120.02 B. However, it is still ranked as the largest publicly listed natural gas company in the world and the largest company in Russia by revenue.


    Founded: 1989

    Headquarters: Saint Petersburg, Russia

    Website: http://gazprom.com/
    http://gazprom.com/
    http://gazprom.com/
    WION

  2. Top 2

    Lukoil

    Lukoil or PJSC Lukoil Oil Company is a Russian multinational energy company that specializes in the exploration, production, refining, and marketing of petroleum products. The company was founded in 1991 and is headquartered in Moscow, Russia. Lukoil was placed 99th among the world's public companies in the 2020 Forbes Global 2000. Internationally, it is one of the world's major crude oil producers.


    Lukoil has a diverse range of oil and gas assets located primarily in Russia, but also in other countries, including Uzbekistan, Iraq, and Egypt. The company operates several fields and wells that produce crude oil and natural gas, and it also owns and operates refineries and petrochemical plants that process these resources into various products. In 2019, the company produced 87.488 million metric tons of oil (1.639 million barrels per day) and 35.046 billion cubic meters of natural gas. Lukoil is also involved in electricity generation, renewable energy, and the production of polypropylene and other chemicals. The company has a strong reputation for innovation and efficiency, and it is recognized as one of Russia's leading energy companies.


    As of April 2022, Lukoil has a market cap of $39.92 B. According to the company's latest financial reports, its current revenue (TTM) is $124.77 B. In 2020 the company made a revenue of $68.13 B a decrease over the years 2019 revenue that was $118.06 B. Lukoil is the second largest company in Russia after Gazprom, and the country's largest non-state enterprise in terms of revenue.


    Founded: 1991
    Headquarters: Moscow, Russia
    Website: https://www.lukoil.com/

    https://www.lukoil.com/
    https://www.lukoil.com/
    LUKOIL Lubricants Europe GmbH
  3. Top 3

    Rosneft

    Rosneft or PJSC Rosneft Oil Company is a Russian state-owned energy company that specializes in the exploration, extraction, production, refining, transport, and sale of petroleum, natural gas, and petroleum products. The company was founded in 1993 as a state enterprise and then incorporated in 1995, and now controlled by the Russian government through the Rosneftegaz holding company. The company became the world's largest publicly listed petroleum firm after purchasing OJSC TNK-BP in 2013, then one of Russia's top oil corporations.


    Rosneft
    has a diverse range of oil and gas assets located primarily in Russia, but also in other countries such as Venezuela, Iraq, and Egypt. Rosneft is also among the largest natural gas producers in Russia, it is engaged in exploration and production across all key oil and gas regions of Russia. Rosneft's total proven oil and gas reserves under PRMS classification were 22.8 billion barrels (3.62 billion cubic meters) of oil equivalent at the end of 2010, ranking among the greatest for a publicly listed petroleum corporation in the world. In addition, Rosneft is also involved in electricity generation, renewable energy, transportation, and logistics.


    As of April 2022, Rosneft has a market cap of $52.21 B. According to Rosneft's latest financial reports, the company's current revenue (TTM) is $110.59 B. In 2020 the company made a revenue of $62.43 B a decrease over the years 2019 revenue that was $117.55 B.


    Founded: 1993

    Headquarters: Moscow, Russia

    Website: http://www.rosneft.com/
    http://rosneft.com/
    http://rosneft.com/
    НК РОСНЕФТЬ
  4. Top 4

    Sberbank

    Sberbank or PJSC Sberbank is a Russian state-owned banking and financial services company that provides a wide range of financial products and services to individuals, businesses, and other organizations. The company was founded in 1991 and quickly rose since then due to its close connections to the Russian government. In 2014, it was the largest bank in Russia and Eastern Europe, as well as the third largest in Europe, ranking 60th in the world and first in Central and Eastern Europe in The Banker's Top 1000 World Banks. Sberbank is ranked 51st in the Forbes "Global 2000" list of publicly traded corporations.


    Sberbank offers various services to its clients, including deposit accounts, loans, credit cards, insurance, investment banking, asset management, and more. The company has a broad network of branches and ATMs across Russia, making it one of the largest and most accessible banks in the country. By 2022, the bank accounted for about a third of all bank assets in Russia. In addition to its domestic operations, Sberbank also operates in other countries, particularly in Eastern Europe and Central Asia, which were primarily post-Soviet countries.


    As of April 2022, Sberbank has a market cap of $46.99 B. According to Sberbank's latest financial reports, the company's current revenue (TTM) is $39.24 B. In 2020 the company made a revenue of $33.08 B a decrease over the years 2019 revenue that was $36.23 B.


    Founded: 1991
    Headquarters: Moscow, Russia
    Website: http://www.sberbank.com/

    http://sberbank.com/
    http://sberbank.com/
    Coop Himmelblau
  5. Top 5

    Russian Railways

    Russian Railways is a Russian state-owned railway company established on 18 September 2003. The company operates the country's rail network, which is one of the largest in the world. Russian Railways remains a significant player in the Russian and global transportation sectors, with a focus on sustainable growth and development despite some challenges in recent years, particularly due to fluctuations in global commodity prices and geopolitical tensions.


    Russian Railways provides various services to its customers, including passenger and freight transportation, logistics, infrastructure management, and maintenance. The company has an extensive network of railways, covering more than 85,000 kilometers across Russia and connecting the country with other neighboring countries such as China and Europe. Russian Railways transport 42% of total cargo traffic and around 33% of passenger travel in Russia (number as of 2014).


    As of April 2022, Russian Railways has a market cap of $46.99 B. According to Russian Railways's latest financial reports, the company's current revenue (TTM) is $38.6 Billion in 2017. This makes Russian Railways one of the biggest companies in Russia. However, in response to Russian military moves in Ukraine, US President Joe Biden ordered economic sanctions against many Russian companies, including Russian Railways, which might cause troubles for the business of the company.


    Founded: 2003
    Headquarters: Moscow, Russia
    Website: https://www.russianrailways.com/

    https://www.russianrailways.com/
    https://www.russianrailways.com/
    doc7austin’s DreamlinerCentral
  6. Top 6

    Surgutneftegas

    Surgutneftegas is a Russian oil and gas company that specializes in the exploration, production, refining, and marketing of petroleum products. The company was formed as a joint stock corporation in 1993 after the merger of several formerly state-owned companies with major oil and gas deposits in Western Siberia. The company has a strong reputation for reliability and quality, and it is recognized as one of Russia's leading oil and gas companies., and was rated the 251st largest public corporation in the world in the 2020 Forbes Global 2000.


    Surgutneftegas has a diverse range of oil and gas assets located primarily in Western Siberia, one of the world's largest oil-producing regions. The company also developed its foreign contacts, including talks with Iran, Libya, and pre-war Iraq on taking part in oil extraction projects. The company operates several fields and wells that produce crude oil and natural gas, and it also owns and operates refineries and petrochemical plants that process these resources into various products, including gasoline, diesel fuel, and lubricants. Surgutneftegas also exports its products to other countries, particularly in Europe and Asia.

    Despite facing some challenges in recent years, particularly due to fluctuations in global oil prices, Surgutneftegas remains a significant player in the Russian and global energy markets. As of April 2022, the company has a market cap of $14.53 B. According to Surgutneftegas's latest financial reports, the company's current revenue (TTM) is $15.49 B. In 2020 the company made a revenue of $13.96 B a decrease over the years 2019 revenue that was $24.39 B.


    Founded: 1993

    Headquarters: Surgut, Russia

    Website: https://www.surgutneftegas.ru/en/
    https://www.surgutneftegas.ru/en/
    https://www.surgutneftegas.ru/en/
    Cerevrum Inc.
  7. Top 7

    Magnit

    Magnit is one of Russia's largest food retailers, operating a chain of supermarkets, convenience stores, and hypermarkets across the country. The company was founded in 1994 in Krasnodar, Russia, and as of March 2016, it had 12,434 stores including 9,715 convenience stores, 225 hypermarkets, 2,337 Magnit Cosmetics stores, and 157 Magnit family stores in 2,385 locations.


    Magnit offers a wide range of products to its customers, including groceries, household items, electronics, clothing, and more. Magnit's stores are known for their affordable prices, high-quality products, and convenient locations.

    In addition to its physical stores, Magnit also has an online platform that allows customers to shop for products and have them delivered to their homes. The company has invested heavily in technology and logistics to ensure fast and efficient delivery to its customers across the country.


    Magnit is one of the leading players in the Russian retail market, with a strong brand and a loyal customer base. As of April 2022, Sberbank has a market cap of $7.07 B. According to Magnit 's latest financial reports, the company's current revenue (TTM) is $24.90 B. In 2021 the company made a revenue of $24.90 B an increase over the year's 2020 revenue which was $20.84 B.


    Founded: 1994

    Headquarters: Krasnodar, Russia
    Website: https://www.magnit.com/
    https://www.magnit.com/
    https://www.magnit.com/
    CNBC International TV
  8. Top 8

    Mechel PAO

    Mechel PAO is among the biggest Russian mining and metals companies that produce coal, iron ore, steel, rolled products, and other related products. The company was founded in 2003 and is headquartered in Moscow, the company sells its products in Russia and overseas, and is formally known as Public Joint Stock Company Mechel. In Russia, the company is also known for sponsoring the ice hockey clubs Izhstal based in Izhevsk (Udmurtia), and Mechel based in Chelyabinsk, both of which are playing in the Russian Major League.


    Mechel PAO operates mines, processing plants, and metallurgical facilities in several regions of Russia, including Siberia, the Urals, and the Far East. The company is one of the leading producers of coking coal in Russia and is also a major supplier of iron ore to the global market. The company also has several steel and metal production facilities that produce long and flat products, including rails, wire rods, rebars, and sheets. The company also has a power generation business that supplies electricity to its own operations as well as to external customers.


    As of April 2023, Mechel PAO has a market cap of $1.20 Billion. According to Mechel PAO's latest financial reports, the company's current revenue (TTM) is $5.44 B. In 2020 the company made a revenue of $3.51 B a decrease over the years 2019 revenue that was $4.64 B.


    Founded: 2003

    Headquarters: Moscow, Russia
    Website: https://www.mechel.com/
    http://www.mechel.com/
    http://www.mechel.com/
    Мечел
  9. Top 9

    United Heavy Machinery

    United Heavy Machinery, or Uralmash-Izhora Group, OMZ (Objedinennye Mashinostroitelnye Zavody) is a Russian industrial group that specializes in the production of heavy machinery, particularly for the metallurgical and mining industries. Founded in 1994, the company has been a significant international heavy industry and manufacturing conglomerate in the world and is now the biggest company in Russia.


    United Heavy Machinery provides various products and services including equipment for metal processing, rolling mills, blast furnaces, coke oven batteries, mining machinery, cranes, and more. The company also offers engineering services, modernization, and maintenance support for the equipment they produce. In addition to its domestic market in Russia, United Heavy Machinery exports its products and services to other countries such as India, China, Brazil, Turkey, and Kazakhstan. The company has a strong reputation in the industry for its high-quality products and services, innovative technologies, and commitment to customer satisfaction. OMZ is also a manufacturer of reactor pressure vessels for the VVER type of nuclear reactors and the manufacturer of EKG open-cut mining power shovels.


    As of April 2023, United Heavy Machinery has a market cap of $53.58 Billion. According to United Heavy Machinery's latest financial reports, the company's current revenue (TTM) is $0.96 B. In 2012 the company made a revenue of $0.96 B an increase over the years 2011 revenue that was $0.94 B.


    Founded: 1994
    Headquarters: Moscow, Russia.
    Website: http://www.omz.ru/

    http://www.omz.ru/
    http://www.omz.ru/
    Photo by Tom Fisk: https://www.pexels.com/photo/yellow-excavator-2101137/
    Photo by Tom Fisk: https://www.pexels.com/photo/yellow-excavator-2101137/
  10. Top 10

    Cian

    Cian (CIAN) is a Russian online real estate classifieds platform that connects buyers, sellers, and renters of residential and commercial properties. As of 2021, Cian is one of the leading players in the Russian online real estate market, with a strong brand and a loyal customer base. The company is known for its innovative approach to real estate marketing and its commitment to providing high-quality services to its users.

    Cian
    offers various services to its users, including property search and listing, mortgage and insurance advice, as well as other related services such as property management and legal assistance. The platform has a wide range of properties listed for sale or rent, including apartments, houses, offices, and retail spaces. Being an online platform, Cian's user-friendly interface and advanced search algorithms make it easy for users to find the properties they are looking for quickly and efficiently. The company also leverages technology to provide users with accurate data and insights about the real estate market, helping them make informed decisions about their investments.


    As of April 2023, Cian has a market cap of $0.23 Billion. According to Cian's latest financial reports, the company's current revenue (TTM) is $0.12 B. In 2021 the company made a revenue of $80.94 M a decrease over the year's 2020 revenue which was $3.97 B.


    Founded: 2001
    Headquarters: Moscow, Russia
    Website: http://www.cian.ru/

    http://www.cian.ru/
    http://www.cian.ru/
    ЦИАН (CIAN.RU)



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