TOP-10 PRIVATE COMPANIES IN RUSSIA
As of June 1, 2020, over 3 million for-profit companies operated in Russia, including the largest one by annual revenue – JSC ROSNEFT: turnover of the state corporation in 2019 amounted to 6 827 billion RUB.
There are also many private companies of various sectors of economy in the Russian market: from trade and energy sector to biotech and IT. Turnover of these companies is compatible with the volume of revenue in the state sector, and sometimes even exceed it.
The table 1 contains the list of TOP-10 companies by 2019 revenue, directly or indirectly (through other organizations) owned by the private sector.
|No||Company||Revenue in 2019, increase in revenue||Beneficiaries directly or indirectly owing over 25%|
|1||JSC SURGETNEFTEGAZ||1 556 billion RUB
|Minority shareholders 99,7%|
|2||LLC AGROTORG (Pyaterochka chain of stores)||1 234 billion RUB
|PEREKRESTOK HOLDINGS B.V. (Netherlands) 69,8%|
|3||JSC TRADING HOUSE PEREKRESTOK||907 billion RUB
|PEREKRESTOK HOLDINGS B.V. (Netherlands) 75,0%|
|4||JSC MMC NORILSK NICKEL||878 billion RUB
|UNITED COMPANY RUSAL PLC (Jersey) 27,8%
Minority shareholders 42,3%
|5||LLC LUKOIL-WESTERN SIBERIA||850 billion RUB
|Minority shareholders 93,5%|
|6||JSC TK MEGAPOLIS||745 billion RUB
|MEGAPOLIS HOLDINGS (OVERSEAS) LIMITED (Cyprus) 51,1%
Minority shareholders 48,9%
|7||JSC NOVATEK||529 billion RUB
|Minority shareholders 57,6%|
|8||JSC SIBUR HOLDING||463 billion RUB
|Mikhelson Leonid Vikotorovich 32,3%|
|9||JSC SEVERSTAL||458 billion RUB
|Mordashov Aleksey Aleksandrovich 30,4%|
|10||LLC LENTA||445 billion RUB
|LENTA PLC (Cyprus) 100%|
The analysis shows that small and medium-sized businesses belong to the private sector, and the state owns only major strategic and systemically important enterprises.