Ranking
The largest companies of Russia

The economy of the Russian Federation is ranked the 6th in the world and the 2nd in Europe by the GDP volume (by the Purchasing Power Parity), and the 11th in the world and the 4th in Europe by the nominal GDP volume. Russia is among the leaders by mining and export of mineral resources; sales revenue forms the country’s budget. The experts of the Information Agency Credinform have made a research on the share of the fuel and energy complex in the TOP-30 of the largest companies, and on the validity of the opinion on insufficient diversification of the Russian economy.


Table 1. TOP-30 of the Russian companies by 2019 revenue, and their business activities
No. Company Net profit for 2019, billion RUB Change to 2018 Business activity
1 OIL COMPANY ROSNEFT
Роснефть
6827,5 -2,0% Oil and gas
2 GAZPROM
Газпром
4758,7 -8,1% Oil and gas
3 RUSSIAN RAILWAYS
РЖД
1848,1 +18,5% Transportation
4 GAZPROM NEFT
Газпром нефть
1809,8 -12,6% Oil and gas
5 SURGETNEFTEGAZ
Сургутнефтегаз
1555,6 +2,0% Oil and gas
6 MAGNIT
Магнит
1396,5 +9,0% Trade
7 AGROTORG
х5
1234,4 +19,0% Trade
8 GAZPROM MEZHREGIONGAZ
Газпром межрегионгаз
1099,1 -7,8% Oil and gas
9 TRANSNEFT
Транснефть 3
960,8 +2,5% Oil and gas
10 PEREKRESTOK
Перекресток
906,7 +3,2% Trade
11 MMC NORILSK NICKEL
Норильский Никель
878,1 +44,2% Metallurgy
12 LUKOIL WESTERN SIBERIA
Лукойл западная сибирь
849,7 -1,2% Oil and gas
13 TATNEFT
Татнефть 2
827,0 +4,3% Oil and gas
14 TC MEGAPOLIS
ТК Мегаполис
744,9 +6,1% Trade
15 OIL COMPANY BASHNEFT
Башнефть
703,1 -6,9% Oil and gas
16 GAZPROMNEFT-REGIONAL SALES
Газпром нефть региональные продажи
617,9 -6,7% Oil and gas
17 AEROFLOT-RUSSIAN AIRLINES
Аэро-флот
551,8 +9,3% Transportation
18 NOVATEK
Новатэк
528,5 -5,7% Oil and gas
19 SAMOTLORNEFTEGAZ
Самотлорнефтегаз
468,8 +0,8% Oil and gas
20 SIBUR HOLDING
Сибур
462,9 -4,8% Oil and gas
21 SEVERSTAL
Северсталь 1
457,6 +5,7% Metallurgy
22 CONCERN ROSENERGOATOM
Росэнергоатом
456,7 +17,0% Electric power
23 LUKOIL-VOLGOGRADNEFTEPERERABOTKA
ЛУКОЙЛ-ВОЛГОГРАДНЕФТЕПЕРЕРАБОТКА
456,4 -0,9% Oil and gas
24 LENTA
Лента
445,0 +1,4% Trade
25 LUKOIL
Лукойл
444,5 +68,1% Oil and gas
26 LUKOIL-KOMI
Лукойл-Коми
442,4 -5,1% Oil and gas
27 MAGNITOGORSK IRON AND STEEL WORKS
Магнитогорский металлургический комбинат
434,9 -5,1% Metallurgy
28 NOVOLIPETSK STEEL
Новолипецкий металлургический комбинат
421,8 -14,6% Metallurgy
29 LUKOIL-PERMNEFTEORGSINTEZ
ЛУКОЙЛ-Пермнефтеоргсинтез
390,8 +0,7% Oil and gas
30 VANKORNEFT
Ванкорнефть
383,3 -9,9% Oil and gas

The analysis shows that companies of the fuel and energy complex dominate the TOP-30 with the share of 60%. Picture 1 presents distribution of the shares of the TOP-30 largest companies by the industries.

Picture 1. Distribution of companies by the industry Picture 1. Distribution of companies by the industry

Following the results of the ranking, the oil and gas companies still have the leading positions. However, it does not mean that the Russian economy is not diversified enough. Russia is ranked the 2nd in the world by mining and export of crude oil and natural gas extraction, also it is the 1st by export of natural gas in the world. That is why so many companies of the fuel and energy complex are included in the TOP-30. The number of these companies will be much less in the TOP-100, for instance.

Article
Changes in legislation

Starting from January 1st, 2021 the new procedure for licensing of the quarantine phytosanitary disinfection is introduced.

It is provided by the Federal law No. 206- FL of 21.07.2014 “On Plant Quarantine” with the amendments introduced by the Federal law No. 194- FL of 13.07.2020 and the Decree of the Government of the Russian Federation of 10.08.2020 No. 1201 approving the Provision concerning the licensing of activities of legal entities, sole entrepreneurs on right for performance of quarantine phytosanitary disinfection.

The list consisting seven license activities is enacted by the Decree of the Government of the Russian Federation of 09.08.2016 No. 768.

The licensing authority is the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor).

Legal entities or sole entrepreneurs – license applicants are to meet the following requirements:

  • availability of non-residential facilities, buildings, structures owned by property rights or on other legal basis;
  • availability of the corresponding tools and equipment, control, alarm, warning and protection systems, including drying chambers, chambers with lowering of temperature, monitoring devices and sensors, temperature and humidity measuring sensors, devices measuring pressure owned by property rights or on other legal basis;
  • availability of passports or other documents on the above-mentioned devices, sensors and equipment in accordance with requirements of article 13 of the Federal law “Concerning the Ensuring of the Uniformity of Measurements”.

A state fee is charged for the issuance or renewal of license on the right for performance of quarantine phytosanitary disinfection.

The Provision introduces the procedure of classifying objects of licensing supervision to a certain risk category. The inspection frequency is set in accordance with the assigned category: from once every five years to once every three years. Scheduled inspections are not provided for objects with a low risk category.

There is no need to renew the license, if the disinfection is performed not in the place of activity, stated in the license.

The users of the Information and Analytical system Globas have access to all available information (including archive data) about entities engaged in quarantine phytosanitary disinfection.