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Top 3 largest private companies in Russia

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The Forbes magazine website published a ranking of the 200 largest private companies in the Russian Federation. The main selection criterion - in the company, the state or foreign investors should own no more than half of the total amount of capital. The revenue received in 2014 is considered according to official information provided by the companies themselves, according to IFRS, the Federal Financial Markets Service, the Statistics Service and the Tax Service. The rating does not include asset management companies, as well as banks, investment and other financial companies.

We present to you the three leaders of the top 200 largest Russian private companies.

3. “Magnet”

In third place is the grocery store chain, which increased revenue in 2014 by 31.71% to 763.5 billion rubles. This is the only company from Russia that was included in the ranking of innovative companies in the world according to the American magazine Forbes. At the end of 2014, the network included more than 8000 stores, 300 hypermarkets, and 1000 cosmetic outlets. The distribution network has spread to more than 2000 cities of the Russian Federation.

The history of the company began in the mid-90s, when Sergey Galitsky decided to start selling household chemicals. Things quickly grew, and by the end of 2005, Sergey already had more than one and a half thousand stores. Now he is on the list of the richest people in Russia with a capital of 10 billion US dollars.

2. Surgutneftegaz

Despite the drop in oil quotes in the world market, Surgutneftegaz’s profit in 2014 amounted to 890.57 billion rubles. However, who exactly receives income from the company's profits is still unknown. From the very moment of privatization of a part of Glavtyumenneftegaz, which served as the basis for the creation of the holding, the ownership structure has remained a secret. No wonder Surgutneftegas is considered the most closed oil and gas company in Russia. According to some sources, 60% of the shares are owned by subsidiaries, according to others - the director of the company is Vladimir Bogdanov with a number of other managers. Over the past few years, the company has accumulated a large amount of cash, amounting to 25.5 billion rubles at the end of 2011. They are placed in banks and are not invested in business development. Minority shareholders are very dissatisfied with this state of affairs, but their opinion does not bother the company management (whoever it is).

1. Lukoil

The leader of the largest private companies of the Russian Federation in 2015. Lukoil is the world's richest private oil and gas company with proven reserves of 17.255 billion barrels of oil equivalent. The company's revenue in 2014 amounted to 4.75 trillion rubles, according to US GAAP. Lukoil operates not only in Russia, but also participates in the development of deposits in the countries of Central Asia, the Middle East, Africa and Latin America. The company owns 7 oil refineries and several plants producing olefins, raw materials for the production of synthetic fibers, polyethylene and other types of petrochemical products. The products of this oil giant are being sold in 19 countries of the world. Lukoil owns 200 oil depots and about 6,000 gas stations. The company's dominant position in the petroleum product market even led to a fine of 6.54 billion rubles for violating antitrust laws.

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