The largest transnational corporations in the Russian market
Despite sanctions and political confrontation with the West, the leading transnational companies are not in a hurry to leave the Russian market. With the exception of single cases of winding-up, they continue to build successfully their business, by opening subsidiaries or entering into the capital of domestic enterprises.
The experience of the American automaker General Motors may be used as a negative example: after 20 years of presence in our market the management decided to wind down its operations and mothball the car manufacturing plant, referring to sanctions risks and a sharp decline in sales. At the same time, other the largest American corporations, such as Ford Motor or General Electric, were not afraid of possible difficulties and do not abandon investment plans.
In total, Russia employs currently more than 63,000 real sector companies with foreign participation in the capital, that proves once again the active integration of the domestic economy into the global market. Moreover, the largest organization of world economies are developing their production sites - 10 enterprises from Top-50 companies in terms of global revenue, directly owning subsidiaries not only around the world, but also in the RF.
| № | Company, headquarters | Main activity | Revenue, bln USD, for 2017 | Position in the world ranking by revenue, 2017 | Number of registered subsidiaries directly owned, worldwide | Number of subsidiaries directly owned, in Russia |
| 1 | Royal Dutch Shell Great Britain |
Crude oil and natural gas production | 305.4 | 6 | 1244 | 6 |
| 2 | Volkswagen Germany |
Manufacture of motor vehicles | 287.9 | 8 | 1010 | 11 |
| 3 | BP Great Britain |
Manufacture of petrochemical product | 240.6 | 9 | 915 | 3 |
| 4 | Exxon Mobil Corp USA |
Manufacture of petrochemical product | 237.2 | 10 | 351 | 1 |
| 5 | Daimler Germany |
Manufacture of motor vehicles | 200.0 | 14 | 527 | 9 |
| 6 | Ford Motor USA |
Manufacture of motor vehicles | 156.8 | 20 | 140 | 1 |
| 7 | Samsung Electronics Republic of Korea |
Manufacture of electronic parts and devices | 151.3 | 24 | 230 | 6 |
| 8 | Total France |
Добыча сырой нефти и природного газа | 149.3 | 25 | 1009 | 9 |
| 9 | General Electric Company USA |
Manufacture of industrial equipment, engines, electric turbines | 120.5 | 38 | 797 | 2 |
| 10 | Toyota Motor Corporation Japan |
Manufacture of motor vehicles | 114.9 | 43 | 564 | 3 |
The range of interests of foreign corporate investment is very wide - development of deposits, hydrocarbon production, automotive industry, power engineering, petrochemical industry, consulting, banking services (s. Table 2).
| № | Company | Short project description |
| 1 | Royal Dutch Shell | - Development of deposits on the shelf of Sakhalin Island, development of the Salym group of oil fields (KhMAD-Yugra), as well as participation in the Caspian Pipeline Consortium. - Network of petrol stations «Shell». - Complex for the production of lubricants «Shell» in Torzhok, sale of petrochemical products. - Consulting services. |
| 2 | Volkswagen | - Plant for manufacture of Volkswagen Tiguan, Volkswagen Polo and ŠKODA Rapid in Kaluga. - Plant for the production of automobile engines in Kaluga. - Plant for manufacture of Volkswagen Jetta, ŠKODA OCTAVIA and ŠKODA KODIAQ in Nizhny Novgorod. |
| 3 | BP | - Development of the Srednebotuobinsky oil and gas condensate field (the Republic of Yakutia). - Exploration works in Western Siberia and the Yenisei-Khatanga basin with a total area of about 260 000 km2, drilling. - Joint project with Oil company «Rosneft» on the development of subsoil of the Yamal-Nenets Autonomous District within the Kharampursky and Festivalny licensed areas with total geological reserves of more than 880 bln m3 of gas. |
| 4 | Exxon Mobil Corp | - Exploration and development of the project Sakhalin-1. - Sale and marketing of motor oils «Mobil 1», «Mobil Delvac 1» and «Mobil SHC»; ale of petrochemical products. - Participation in the Caspian Pipeline Consortium. |
| 5 | Daimler | - Production of trucks Mercedes-Benz Sprinter Classic at the plant «GAZ as well as diesel engines for them in Yaroslavl. - Construction of a factory for the production of Mersedes Benz cars. |
| 6 | Ford Motor | - Plant for manufacture of Ford Focus and Ford Mondeo in Vsevolozhsk (Leningrad region). - Plant for manufacture of Ford Explorer, Ford Kuga and Ford Transit plant for production of engines in Yelabuga (Tatarstan). - Plant for manufacture of Ford Fiesta и Ford EcoSport in Naberezhnye Chelny (Tatarstan). |
| 7 | Samsung Electronics | - Factory for the production of TVs, washing machines, monitors Samsung Electronics in Kaluga region. |
| 8 | Total | - Oil extraction on the basis of a production sharing agreement (PSA) at the Kharyaga oil field (Nenets Autonomous District). - Participation in the project «Yamal-LNG» and development of Termokarstovoye gas field in the Yamal-Nenets Autonomous District. - Construction of a plant for the production of lubricants in the Kaluga region. |
| 9 | General Electric Company | - Joint production, assembly, sale and servicing of high-performance industrial gas-fired plants in Rybinsk (Yaroslavl region). |
| 10 | Toyota Motor Corporation | - Plant for manufacture of Toyota Camry and RAV4 in St. Petersburg.. - Banking activity - Toyota Bank JSC. |
Russia is too important market to abandon it. Our country remains a focus area for transnational corporations, despite all difficulties and uncertainties that arose due to the situation in Ukraine. A great many is ready to open a business here, renew or expand existing facilities, as well as create new workplaces, that points to the confidence in the economic prospects, trust gained over many years. The Western Europe and United States remains the main investors in the Russian economy, that confirms the presence of a wide range of subsidiaries.