Forbes has named 25 Russian companies among the world's largest and most powerful in its Global 2000 annual list.
1. Gazprom
Industry: Oil & Gas Operations
Chief Executive Officer: Alexei Miller
Sales: $102.05 Billion
Capitalization: $57.1 Billion
Gazprom PJSC engages in the geological exploration, production, transportation, storage, processing and marketing of gas and other hydrocarbons. It operates through the following segments: Transport, Distribution, Gas storage, Production of crude oil and gas condensate, Refining, and Electric and heat energy generation and sales.
2. Rosneft
Industry: Oil & Gas Operations
Chief Executive Officer: Igor Sechin
Sales: $80.75 Billion
Capitalization: $51.1 Billion
Rosneft engages in the exploration, development, production, and sale of crude oil and gas, petroleum products and petrochemicals, as well as marketing of outputs. It also involves in refining, transportation, and sale of petroleum products.
3. Sberbank
Industry: Regional Banks
Chief Executive Officer: Herman Gref
Sales: $42.56 Billion
Capitalization: $39.2 Billion
Sberbank Russia OJSC provides commercial banking and financial services. It engages in corporate and retail banking activities, such as deposit taking and commercial lending in freely convertible currencies, support of clients' export/import transactions, foreign exchange, securities trading, bank insurance and brokerage, and trading in derivative financial instruments.
4. LukOil
Industry: Oil & Gas Operations
Chief Executive Officer: Vagit Alekperov
Sales: $90.44 Billion
Capitalization: $36.8 Billion
The company engages in the exploration, production, refining, marketing, and distribution of oil. It operates through the following business segments: Exploration and Production; Refining, Marketing and Distribution; Petrochemicals; Energy and Other.
5. Surgutneftegas
Industry: Oil & Gas Operations
Chief Executive Officer: Vladimir Bogdanov
Sales: $19.02 Billion
Capitalization: $19.7 Billion
Surgutneftegas OJSC engages in the exploration and production of hydrocarbon and petroleum. Its activities include prospecting, exploration, and operation of oil and gas fields; manufacturing and marketing of petroleum and petrochemical products; gas processing; crude oil refining and associated petroleum gas processing; production of different types of petroleum and petrochemical products; wholesale and retail sales of fuel, and related goods and services.
6. Transneft
Industry: Oil Services & Equipment
Chief Executive Officer: Nikolay Tokarev
Sales: $13.31 Billion
Capitalization: $20.4 Billion
Transneft engages in the operation of the oil pipeline system. Its main activates include transfer, coordination and management of transportation of oil and oil products through pipelines within Russia and abroad, and preventive, diagnostic, and emergency rehabilitation work on oil and petroleum products.
7. VTB Bank
Industry: Regional Banks
Chief Executive Officer: Andrey Kostin
Sales: $22.41 Billion
Capitalization: $14 Billion
VTB Bank PJSC is a financial institution that engages in providing a range of banking products and services. It operates through the following segments: Corporate-Investment Banking; Loans and Deposits; Transaction Banking; Mid-Corporate Banking; Retail Banking and Insurance; Treasury, Corporate Center and Other Business; Construction and Development and Other Segments.
8. Norilsk Nickel
Industry: Diversified Metals & Mining
Chief Executive Officer: Vladimir Potanin
Sales: $8.46 Billion
Capitalization: $23.2 Billion
MMC Norilsk Nickel PJSC engages in the exploration, extraction, refining, and sale of base and precious metals. It produces nickel, palladium, platinum, and copper. It also produces various by-products, such as cobalt, chromium, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium, and sulfur.
9. Novatek
Industry: Oil & Gas Operations
Chief Executive Officer: Leonid Mikhelson
Sales: $7.75 Billion
Capitalization: $27.8 Billion
Novatek PLC engages in the exploration, development, production, processing, transportation, acquisition, and marketing of natural gas, gas condensate, crude oil, and related oil products.
This month, the price of Bitcoin has soared to a record $89,000. Despite its constant volatility, BTC remains the most promising cryptocurrency since its debut in 2009. Many early investors who believed in Bitcoin's potential are now reaping the rewards of their foresight. Let's take a look at today's wealthiest crypto enthusiasts
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
