Russia Business Directory & List of Companies

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The Russian Federation is a state in Eurasia, bordered by Ukraine, Azerbaijan, Belarus, China, Lithuania, Poland, Estonia, Finland, Norway, Georgia, Kazakhstan, Latvia, Mongolia, North Korea.

Area - 17,151,442 sq. km.

Population - 146,100,000 (as of August 1, 2014).

The national composition of Russia is very diverse. Russians make up 81.53% of the entire population, Tatars - 3.76%, Ukrainians - 2.97%, Chuvash - 1.21%, Bashkirs - 0.92%, Belarussians - 0.82%, Mordovians - 0.73%, Chechens - 0.61%, Germans - 0.57%, etc.

The official (state) language throughout the Russian Federation is Russian. Russia is a multilingual country, its population speaks almost 150 languages. All peoples of the Russian Federation are guaranteed the right to preserve their native language.

Capital city: Moscow (12 678 079)

Five largest cities: St. Petersburg (5 398 064), Novosibirsk (1 625 631), Yekaterinburg (1 493 749), Kazan (1 257 391), Nizhny Novgorod (1 252 236) (as of 01.01.2020)

Economy. The Russia's GDP is 1.658 trillion USD (2018), 6th position in the world. In terms of GDP in PPP per capita, Russia ranked 50th in 2019.

GDP per capita. GNI per capita based on PPP in Russia is 11,326 USD and ranks 64th in the world.

According to the World Bank's "Doing Business" rating, Russia is ranked 28th. Local currency is Russian ruble (RUB).

The average monthly salary in 2020 was 35,361 rubles per month (about 490 USD).

The main sectors of the economy are oil and gas, mining, processing of precious stones and metals, aircraft construction, rocket and space production, nuclear industry, production of weapons and military equipment, electrical engineering, pulp and paper.

Export

Russia exports mainly raw hydrocarbons (at the end of 2019, Russian oil exports amounted to 267.5 million tons). In total, the share of fuel and energy products in the Russian exports accounted for 46.3% versus 45% in 2018), the rest represented by metallurgical and chemical products, machinery and equipment, weapons, food (wheat). In 2018, the volume of agricultural exports from Russia amounted to 25.9 billion USD (an increase by almost 20% against 2017).

Imports

Russia's imports in January-December 2019 amounted to 247.4 billion USD and compared to January-December 2018 it increased by 2.7%. Non-CIS countries accounted for 88.9%, with 11.1% for CIS countries. In the commodity structure of imports, the largest share was represented by the machinery and equipment (46.2%).

5 largest companies in Russia

Gazprom (oil and gas) revenue 8.224 billion rubles, profit 1.456 billion rubles
Lukoil (oil and gas) revenue 7.479 billion rubles, profit 619 billion rubles
Rosneft (oil and gas) revenue 6.850 billion rubles, profit 549 billion rubles
Sberbank (finance) revenue 3160 billion rubles, profit 833 billion rubles
"Russian Railways" (transport) revenue 2.413 billion rubles, profit 35 billion rubles

5 largest banks

Sberbank ranks first in terms of profit in 2019 833 billion rubles
VTB Bank ranks second in terms of profit with an indicator of 167.1 billion rubles
Alfa-Bank million in net profit is 1.8 times lower than in 2018
Bank GPB - Gazprombank's net profit for 2019 in accordance with international financial reporting standards amounted to 44.6 billion rubles, an increase of 12.9% compared to 2018.
Trust Bank or the Bank of Non-Core Assets (created on the basis of Bank Trust), which earned 56 billion rubles of net profit in 2019, became one of the leaders among Russian banks in terms of net profit at the end of 2019.