Russia’s top 10 companies by revenue in 2023 include energy giants Gazprom, Lukoil, and Rosneft, as well as financial services provider Sberbank and retail company Magnit. These companies contribute to Russia’s economic growth and play a significant role in their respective industries.
1. Gazprom
Industry: energy
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $138280 Millions
Stock symbol: GAZP.ME
Gazprom, founded in 1989, is headquartered in the city of Moscow, Russia. It operates in more than 30 countries worldwide, making it one of the largest energy companies globally. Gazprom’s main activities revolve around the exploration, production, and distribution of natural gas and oil. It also provides a wide range of services, including transportation, storage, and marketing of energy resources. Gazprom is known for its prominent brands such as Gazprom Neft, Gazprom Export, and Gazprombank.
2. Lukoil
Industry: energy
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $124770 Millions
Stock symbol: LKOH.ME
Lukoil is a multinational energy corporation headquartered in Moscow, Russia. It was founded in 1991. The company operates in more than 30 countries worldwide, including Russia, the United States, and Europe. Lukoil is primarily engaged in the exploration, production, refining, and marketing of oil and gas. It also offers a wide range of petroleum products and services. Some of its well-known brands include Lukoil, Lukoil Marine, and Lukoil Aviation.
3. Rosneft
Industry: energy
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $111110 Millions
Stock symbol: ROSN.ME
Rosneft is a Russian oil company headquartered in Moscow, founded in 1993. It operates in multiple countries, with operations in over 40 countries worldwide. The company’s main activities revolve around the exploration, production, refining, and marketing of oil and gas. Rosneft is known for its diverse range of products and services, including crude oil, natural gas, petroleum products, and petrochemicals. It also owns several well-known brands in the industry.
4. Sberbank
Industry: financial services
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $39240 Millions
Stock symbol: SBER.ME
Sberbank, headquartered in Moscow, Russia, was founded in 1841. It operates in multiple countries, with a presence in over 20 countries worldwide. Sberbank’s main activities include providing banking and financial services, such as retail and corporate banking, investment banking, and asset management. It offers a wide range of products and services, including loans, deposits, insurance, and payment solutions. Sberbank is known for its strong brand presence and is one of the largest banks in Russia.
5. Magnit
Industry: retail
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $24900 Millions
Stock symbol: MGNT.ME
Magnit is a retail company headquartered in Krasnodar, Russia, founded in 1994. It operates in multiple countries, with a presence in over 16,000 locations across Russia, Ukraine, and Kazakhstan. Magnit’s main activities include the sale of food and consumer goods, offering a wide range of products and services to its customers. The company also owns various brands, such as Magnit Family, Magnit Cosmetics, and Magnit Pharmacy.
6. Nornickel
Industry: mining
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $17850 Millions
Stock symbol: GMKN.ME
Nornickel is a company headquartered in the city of Moscow, Russia. It was founded in 1993. The company operates in multiple countries, with operations in around 20 countries worldwide. Nornickel is primarily engaged in the mining and production of nickel, palladium, platinum, and copper. They also provide various services related to the mining industry. Nornickel is known for its brands such as Norilsk Nickel and Polar Division.
7. Tatneft
Industry: energy
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $17110 Millions
Stock symbol: TATN.ME
Tatneft is a company headquartered in the city of Almetyevsk, Russia, and was founded in 1950. It operates in multiple countries, with operations in over 30 countries worldwide. Tatneft is primarily engaged in the exploration, production, and refining of crude oil and petroleum products. The company also provides a range of services including drilling, well workover, and oilfield construction. Tatneft is known for its various brands such as TANECO, which produces high-quality gasoline and diesel fuel.
8. Novolipetsk Steel
Industry: steel
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $16190 Millions
Stock symbol: NLMK.ME
Novolipetsk Steel, founded in 1934, is headquartered in Lipetsk, Russia. It operates in multiple countries, with operations in over 40 countries worldwide. The company’s main activities revolve around the production and distribution of steel products. Novolipetsk Steel offers a wide range of steel products, including hot-rolled and cold-rolled steel sheets, galvanized steel, and long products. It also provides various services such as steel processing and logistics. Novolipetsk Steel is known for its brands, including NLMK and Stoilensky.
9. Novatek
Industry: energy
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $15630 Millions
Stock symbol: NVTK.ME
Novatek is a multinational company with its headquarters in Moscow, Russia. It was founded in 1994. The company operates in multiple countries, with a presence in over 30 countries worldwide. Novatek is primarily engaged in the exploration, production, and distribution of natural gas. They also provide a range of services related to the oil and gas industry. Novatek is known for its leading role in the liquefied natural gas (LNG) sector and has established itself as a prominent player in the global energy market.
10. Surgutneftegas
Industry: energy
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $15490 Millions
Stock symbol: SNGS.ME
Surgutneftegas is a Russian oil and gas company headquartered in Surgut, Russia. It was founded in 1993. The company operates primarily in Russia but also has operations in other countries. Surgutneftegas is engaged in the exploration, production, refining, and sale of oil and gas. They offer a wide range of products and services related to the oil and gas industry. The company does not have any specific brands associated with its operations.
More: The economic current system of Russia
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