FX.co ★ Russian firms among world’s most powerful companies by Forbes

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.