The Decree of the Government of Russian Federation as of 01.12.2009 №982 approves the following two Lists: the list of products subject to compulsory certification and the list of products, conformity of which is confirmed in the form of adoption of declarations of conformity to requirements of the Russian technical regulations. On the initiative of manufacturer, the goods released to the Russian market not subject to compulsory certification, might be declared on a voluntary basis.

The Orders of the Ministry of Economic Development of RF №3725 and №3726 as of October 28th, 2020, approve the new forms of certificates and declarations of products. The Orders came into force since January 1st, 2021 and will be in effect until January 1st, 2027. The forms used previously were regulated by the orders of The Ministry of Economic Development and Trade №53 and №54 as of March 22nd, 2006.

The important introduction is the ability to apply for certificates and declarations not only on paper but also in electronic format. Due to this, the blank accession number is no longer stated in the certificates.

The outdated codes OKP (Russian National Classification of Products) and TN VED of Russia (Commodity Nomenclature of Foreign Economic Activity) are replaced by OKPD2 (Russian Classification of Products by Economic Activities) and EAEU TN VED (EAEU Commodity Nomenclature of Foreign Economic Activity). The data on performed tests and measures and presented documents are included to the line consisting data on grounds for issuing the certificate or declaration.

The declarations contain the data only about the applicant, the line “Manufacturer” is excluded from the form. The line “represented by” contains occupation, surname, first name and patronymic of the company’s manager – applicant or authorized person, adopting a declaration. Sole entrepreneurs don’t fill in this line.

According to the Russian classification of countries of the world, the country code “RU” is stated before the number in the blank registration numbers of certificates and declarations. The last two figures indicating year of issue of certificate or registration of declaration are stated in the end of the number.

Moreover, the Decrees specify the fill-in instructions. According to them, it is forbidden to:

• to add data, not provided in the forms;
• to curtail words (except for standard designations and abbreviations)
• to amend the text;
• to use facsimile instead of signature

Users of the Information and Analytical system Globas can get the information on all the declarations and certificates including historical, suspended and cancelled ones in the section “Document verification”. More than 8 million documents are represented in Globas.

Information agency Credinform presents a ranking of the Russian manufacturing companies, declaring and certifying goods on conformity to requirements of the Russian technical regulations. Enterprises (TOP-10) with the largest annual revenue were selected for the ranking, according to the data from the Statistical Register and the Federal Tax Service for the latest available accounting periods (2017 - 2019). Then they were ranked by the product profitability ratio (Table 1). The selection and analysis were based on the data from the Information and Analytical system Globas.

Product profitability ratio is calculated as the relation of sales revenue to expenses from ordinary activity. Profitability in general indicates the economic efficiency of production. The analysis of product profitability makes it possible to conclude about the efficiency and expediency of release of goods.

There are no standard values for indicators of this group, because they vary strongly depending on the industry.

In order to get the most comprehensive and fair picture of the financial standing of an enterprise, it is necessary to pay attention to all the combination of financial indicators and ratios.

Table 1. Net profit, revenue, Product profitability ratio, solvency index Globas of the largest Russian manufacturing companies, declaring and certifying goods (TOP-10)

Name, INN, region, type of activity	Revenue, million RUB		Net profit (loss), million RUB		Product profitability ratio, %		Solvency index Globas
	2018	2019	2018	2019	2018	2019
1	2	3	4	5	6	7	8
JSC PIPELINE BENDS ИНН 7449044694 Chelyabinsk region Manufacture of tubes, pipes, hollow profiles and related fittings, of steel	2 779	3 051	404	248	32,76	22,17	222 Высокий
ООО ОТИС ЛИФТ ИНН 7805223443 Moscow Manufacture of elevators	12 887	13 203	1 575	1 691	17,40	19,04	215 Высокий
ООО ТЕХНОЛОГИЧЕСКАЯ КОМПАНИЯ ШЛЮМБЕРЖЕ ИНН 7709413265 Tyumen region Manufacture of devices, sensors, equipment and tools for measuring, control and testing	24 790	26 566	1 104	2 083	14,50	15,37	209 Высокий
ООО НЕСТЛЕ КУБАНЬ ИНН 2353018969 Krasnodar territory Processing of tea and coffee	16 357	17 113	552	836	14,05	н/д	229 Высокий
ООО ПРОИЗВОДСТВЕННОЕ ОБЪЕДИНЕНИЕ ЕВРОЛИФТМАШ ИНН 5026015392 Moscow region Manufacture of elevators	1 471	1 905	162	138	17,30	8,87	222 Высокий
ООО ПРОИЗВОДСТВЕННОЕ ОБЪЕДИНЕНИЕ НЛМ ИНН 5053045149 Moscow region Manufacture of elevators	1 816	2 320	47	59	4,32	7,60	250 Высокий
НАО ЩЕРБИНСКИЙ ЛИФТОСТРОИТЕЛЬНЫЙ ЗАВОД ИНН 5051000880 Moscow Manufacture of elevators	11 988	10 378	376	-53	11,69	7,35	272 Высокий
ПАО КАРАЧАРОВСКИЙ МЕХАНИЧЕСКИЙ ЗАВОД ИНН 7721024057 Moscow Manufacture of elevators	7 184	5 817	-93	110	13,67	6,84	241 Высокий
НАО КОРПОРАЦИЯ ГЛОРИЯ ДЖИНС ИНН 6166034397 Rostov region Manufacture of other outerwear	37 553	37 719	1 281	927	10,14	5,09	244 Высокий
ООО ЖУПИКОВ ИНН 6829004230 Tambov region Manufacture of salted, boiled, baked, smoked, dried and other meat	720	870	5	9	2,30	4,03	206 Высокий
Average value for TOP-10	11 754	11 894	541	605	13,81	10,71

improvement compared to prior period, decline compared to prior period

Four companies improved their values in 2019.

All the TOP-10 companies got Strong /Medium index Globas. This fact shows their ability to meet their obligations fully and by the due date.

Picture 1. Product profitability ratio and revenue of the largest Russian manufacturing companies, declaring and certifying goods (TOP-10)