Russian energy company Lukoil, founded in 1991, had the largest revenue compared to other privately-owned businesses in the country, exceeding 5.6 trillion Russian rubles in 2020. The second-largest non-state company was the retail business X5 Group, whose revenue was calculated at approximately two trillion Russian rubles. Besides energy and retail companies, metal producers such as NLMK and Nornickel were included in the ranking.
Largest private companies in Russia in 2020, by annual revenue
(in billion Russian rubles)
Companies controlled by private persons with a share of over 50 percent.
The rating does not include subsidiary companies of global conglomerates but considers companies created in Russia by foreigners to work in the domestic market as well as companies registered abroad but mostly operating in Russia.
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Forbes. (September 29, 2021). Largest private companies in Russia in 2020, by annual revenue (in billion Russian rubles) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1063091/largest-russian-private-companies-by-turnover/
Forbes. "Largest private companies in Russia in 2020, by annual revenue (in billion Russian rubles)." Chart. September 29, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1063091/largest-russian-private-companies-by-turnover/
Forbes. (2021). Largest private companies in Russia in 2020, by annual revenue (in billion Russian rubles). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1063091/largest-russian-private-companies-by-turnover/
Forbes. "Largest Private Companies in Russia in 2020, by Annual Revenue (in Billion Russian Rubles)." Statista, Statista Inc., 29 Sep 2021, https://www.statista.com/statistics/1063091/largest-russian-private-companies-by-turnover/
Forbes, Largest private companies in Russia in 2020, by annual revenue (in billion Russian rubles) Statista, https://www.statista.com/statistics/1063091/largest-russian-private-companies-by-turnover/ (last visited December 22, 2024)
Largest private companies in Russia in 2020, by annual revenue (in billion Russian rubles) [Graph], Forbes, September 29, 2021. [Online]. Available: https://www.statista.com/statistics/1063091/largest-russian-private-companies-by-turnover/
