Largest Russian private companies by revenue | Statista (2024)

FAQs

What are the largest private companies in Russia? ›

Several major companies in the country are owned or co-owned by the government, such as Gazprom, Rosneft, Sberbank, Russian Railways, Rostec, and Rosatom. The largest private companies include Lukoil and fast-moving consumer goods (FMCG) retailers X5 Group and Magnit.

The highest-earning Russian company was Rosneft, whose revenue exceeded 9.1 trillion Russian rubles in 2023. Gazprom and Gazprom Neft followed with revenues of approximately 5.6 trillion Russian rubles and 3.5 trillion Russian rubles, respectively.

Gazprom was the most profitable company in Russia in 2021, with its net income after expenses measured at nearly 2.2 trillion Russian rubles in 2021. Other energy companies among the most profitable ones were Rosneft, Lukoil, Surgutneftegas, Novatek, and Yamal LNG.

The biggest Russian oil company is Rosneft followed by Lukoil, Surgutneftegaz, Gazprom Neft and Tatneft.

Gazprom, the most valuable company in Russia

Headquartered in Moscow, Gazprom is responsible for the exploration, production, storage, processing, and exportation of crude oil, natural gas, and gas condensate.

According to Bureau van Dijk's ORBIS database, the answer is the United States followed by China and Brazil. I have a number of caveats to this response: The database contains both active and inactive companies, so countries with long historical datasets are more likely to have higher counts.

Russia's largest corporations such as Gazprom, Lukoil, Rosneft, Rosatom, Sibur Holding, EuroChem Group, Novatek, Pipe Metallurgical Company (TMK), Transmashholding (TMH), PhosAgro, SUEK, Norilsk Nickel, Rusal, Sberbank, X5 Retail, Tatneft, NLMK and others have representative offices and subsidiaries in Europe.

What is Russia's biggest source of income? ›

Russia's economy is heavily reliant on its vast natural resources, particularly in energy. It is one of the world's largest producers of oil and natural gas, which are major contributors to its GDP and export earnings.

The most important and fastest growing sectors of the Russian economy are energy and fuels, IT, pharmaceuticals and agriculture, Reta says. The sheer size of the country means it has a wealth of resources ranging from hydrocarbons and minerals to forests.

Russia has a high-income mixed economy with state ownership in strategic areas of the economy. Market reforms in the 1990s privatized much of Russian industry and agriculture, with notable exceptions to this privatization occurring in the energy and defense-related sectors.

The legal status of private military companies in Russia is vague: on one hand, Russian legislation explicitly prohibits "illegal armed formations and mercenary groups", but at the same time the Russian state does not prosecute numerous PMCs employing Russians and operating in Russia, including but not limited to ...

Alfa Bank, Russia's largest privately owned lender, has surged into first place from outside last year's top 10, with a score of 6.71.

Russia - Energy, Manufacturing, Agriculture | Britannica.