FAQs
Several major companies in the country are owned or co-owned by the government, such as Gazprom, Rosneft, Sberbank, Russian Railways, Rostec, and Rosatom. The largest private companies include Lukoil and fast-moving consumer goods (FMCG) retailers X5 Group and Magnit.
What are the largest companies by revenue in Russia? ›
The highest-earning Russian company was Rosneft, whose revenue exceeded 9.1 trillion Russian rubles in 2023. Gazprom and Gazprom Neft followed with revenues of approximately 5.6 trillion Russian rubles and 3.5 trillion Russian rubles, respectively.
Who are the largest privately owned companies? ›
- Cargill. Food, Soft Beverages, Alcohol & Tobacco. 177 B.
- Koch Industries. Multicompany. 125 B.
- Publix Super Markets. Food Markets. 54.5 B.
- Mars. Food & Drink. 47 B.
- H-E-B Grocery Company. Food Markets. 43.6 B.
- Reyes Holdings. Food, Drink & Tobacco. 40 B.
- Enterprise Mobility. Travel & Leisure. ...
- C&S Wholesale Grocers. Food, Drink & Tobacco.
What is the most profitable business in Russia? ›
Gazprom was the most profitable company in Russia in 2021, with its net income after expenses measured at nearly 2.2 trillion Russian rubles in 2021. Other energy companies among the most profitable ones were Rosneft, Lukoil, Surgutneftegas, Novatek, and Yamal LNG.
What is Russia's largest private oil company? ›
The biggest Russian oil company is Rosneft followed by Lukoil, Surgutneftegaz, Gazprom Neft and Tatneft.
What is the richest business in Russia? ›
Gazprom, the most valuable company in Russia
Headquartered in Moscow, Gazprom is responsible for the exploration, production, storage, processing, and exportation of crude oil, natural gas, and gas condensate.
What private company has the highest revenue? ›
Who is the richest private company in the world? ›
What Are the World's Most Valuable Private Companies?
- Vitol. An energy and commodities company founded in Rotterdam, it reportedly had 2021 revenues of $279 billion.
- Trafigura. A commodities trading company based in Singapore, it had 2021 revenues of $231 billion.
- Cargill. ...
- Schwarz Gruppe. ...
- Aldi.
Which country has most private companies? ›
According to Bureau van Dijk's ORBIS database, the answer is the United States followed by China and Brazil. I have a number of caveats to this response: The database contains both active and inactive companies, so countries with long historical datasets are more likely to have higher counts.
What big companies are owned by Russians? ›
Russia's largest corporations such as Gazprom, Lukoil, Rosneft, Rosatom, Sibur Holding, EuroChem Group, Novatek, Pipe Metallurgical Company (TMK), Transmashholding (TMH), PhosAgro, SUEK, Norilsk Nickel, Rusal, Sberbank, X5 Retail, Tatneft, NLMK and others have representative offices and subsidiaries in Europe.
Russia's economy is heavily reliant on its vast natural resources, particularly in energy. It is one of the world's largest producers of oil and natural gas, which are major contributors to its GDP and export earnings.
What is the fastest growing business in Russia? ›
The most important and fastest growing sectors of the Russian economy are energy and fuels, IT, pharmaceuticals and agriculture, Reta says. The sheer size of the country means it has a wealth of resources ranging from hydrocarbons and minerals to forests.
Are there private businesses in Russia? ›
Russia has a high-income mixed economy with state ownership in strategic areas of the economy. Market reforms in the 1990s privatized much of Russian industry and agriculture, with notable exceptions to this privatization occurring in the energy and defense-related sectors.
Are there private military companies in Russia? ›
The legal status of private military companies in Russia is vague: on one hand, Russian legislation explicitly prohibits "illegal armed formations and mercenary groups", but at the same time the Russian state does not prosecute numerous PMCs employing Russians and operating in Russia, including but not limited to ...
What is the largest private bank in Russia? ›
Alfa Bank, Russia's largest privately owned lender, has surged into first place from outside last year's top 10, with a score of 6.71.
What are the top 3 industries in Russia? ›
Russia - Energy, Manufacturing, Agriculture | Britannica.