Seven Russian cos on Fortune’s list of world’s largest cos in 2010

MOSCOW, Jul 27 (PRIME) — U.S. business magazine Fortune has included seven Russian companies in its latest list of the worlds 500 largest companies in terms of revenue in 2010, according to the list seen by PRIME Wednesday.

The five of the seven companies operate in the oil and gas industry.

Russian gas giant Gazprom has been ranked 35th in Fortunes Global 500 list with revenue of U.S. $118.657 in 2010; oil major Lukoil occupies the 69th position; oil major Rosneft has been placed 179th; oil major TNK-BP is ranked 235th, followed by Russias largest bank Sberbank, holding the 298th position. Fortune has also placed multi-industry holding AFK Sistema 342nd, while oil and gas company Surgutneftegas was ranked 496th, with revenue of $19.656 billion in 2010.

Gazprom and Rosneft were also included in Fortunes list of the worlds 50 most profitable companies, holding the 2nd and 37th positions with about $32 billion and $10 billion profits in 2010, respectively.

AFK Sistema also holds 26th position in the Fortunes list of the worlds 50 most rapidly developing companies with a 49.9% year-on-year growth in revenue in 2010.

Fortunes 500 was topped by U.S. retailer Walmart Stores with revenue of $421.849 billion in 2010. It was followed by BritishDutch petroleum company Royal Dutch/Shell and U.S. oil company Exxon Mobil, whose revenues were at $378.152 billion and $354.674 billion in 2010, respectively.


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