TOP-10 foreign-owned companies in Russia by revenue
Over 1,2 foreign-owned companies operate in Russia. Using the Information and Analytical system Globas, the experts of the Information agency Credinform have analyzed TOP-10 foreign companies by revenue operating in Russia.
|№||Name||Revenue, billion RUB||Activity|
|1||LLC AUCHAN||327,7||- 8,6 %||Food retailer|
|2||LLC TOYOTA MOTOR
||313,2||+ 15,0 %||Automobile production|
|3||LLC J.T.I. RUSSIA
||303,4||+ 4,9 %||Trade with tobacco products|
|4||LLC PHILIP MORRIS SALES AND MARKETING
||296,5||+ 7,4 %||Trade with tobacco products|
|5||LLC VOLKSWAGEN GROUP RUS
||289,2||+ 22,0 %||Automobile production|
|6||LLC LEROY MERLIN VOSTOK
||275,8||+ 22,0 %||DIY retailer|
|7||LLC KIA MOTORS RUSSIA & CIS
||232,4||+ 36,0 %||Automobile production|
|8||LLC METRO CASH & CARRY
||217,4||- 6,1 %||Wholesale|
|9||LLC APPLE RUS
||197,2||+ 30,0 %||Trade with technical devices|
|10||JSC INTERNATIONAL TOBACCO MARKETING SERVICES
||186,6||- 7,2 %||Trade with tobacco products|
The ranking is headed by the food retailer LLC AUCHAN (327,7 billion RUB). Consolidated revenue of the company includes income of its subsidiary LLC ATAC. LLC ATAC is a discounter of AUCHAN hypermarket, with the internal brand “Kazhdiy Den” («Каждый день») prevailing in the store.
TOP-10 includes three automobile manufacturers: TOYOTA MOTOR (2nd position, 313,2 billion RUB), VOLKSWAGEN GROUP (5th position, 289,2 billion RUB) and KIA MOTORS (7th position, 232,4 billion RUB). Total turnover of these companies exceeded 834 billion RUB, and the rate of the indicator growth is one of the highest. The increase in revenue is directly related to the growth in passenger car sales. Toyota dealers sell about 108 thousand cars, that is 15% more than in the previous period; Volkswagen sales exceeded 113 thousand cars (+ 18%), and KIA MOTORS ranked the second in 2018 by the number of vehicles sold - over 227 thousand units (+ 25%). High demand was recorded for the following model range: KIA Rio, Volkswagen Polo, Toyota Camry, Kia Sportage, Volkswagen Tiguan and Toyota RAV4. Due to COVID-19 pandemic, all enterprises in Russia suspended the assembly of cars, and by the end of 2020, revenue is expected to drop by the average of 30-40%. From January to May 2020, the global automotive industry produced 32 million cars less than for the same period of 2019.
On the 3rd, 4th and 10th positions of the ranking are tobacco companies. Unfortunately, in 2018 Russia led by the number of cigarettes smoked per capita, or about 300 billion pieces, and according to the data of the Federal State Statistics Service (Rosstat) for 2019, about 22,5% of the country's population smoke daily. Due to the large percentage of smokers and high demand for this type of product, the revenue of tobacco companies has been growing for a long time.
The 6th in the ranking is French company LEROY MERLIN VOSTOK (275,8 billion RUB). The company trades in the DIY sector. Leroy Merlin has about 400 hypermarkets around the world, and over 100 of them are located in Russia. The company continues to gain power in the Russian Federation. In 2018, LEROY MERLIN VOSTOK made one of the largest transactions in this segment of the Russian market by purchasing 12 K-Rauta stores. According to the experts, the value of assets amounted to 12 billion RUB.
Food retailer LLC METRO CASH & CARRY is the 7th in the ranking (217,4 billion RUB). The company is engaged in wholesale and small wholesale of food. In Russia, METRO successfully implements “Fasol” franchise program of convenience stores. This project aims at supporting small and medium-sized enterprises. Under the program, franchisee are exempt from paying royalties and franchise fees, and METRO delivers the majority of goods.
APPLE RUS (197,2 billion RUB) closes the ranking. The company is an official distributor of Apple products (iPhone, iPad, Mac, etc.). For six years, Apple has been recognized as the most expensive brand in the world. The company has a huge influence in the global community and is one of the leaders in the field of information, technological and computer developments.
The results of the ranking showed that automotive industry and retailers are successfully developing in Russia. The growth in revenue from automobile manufacturers is connected with the model range being produced. Cars assembled on the territory of the Russian Federation are in high demand among the population, since import premiums, transportation and other costs are not included in their price. However, in 2020, revenue is expected to decrease for all automobile manufacturers.
Following the results of the ranking, a negative trend of growth of tobacco companies’ revenue was revealed. Unfortunately, most of the population of Russia is nicotine addicted that is why three representatives of tobacco products are included in the TOP.