5 Most Valuable Russian Companies In The World

2. Rosneft

Total market cap as at 3rd Feb 2023 (in billions): $51.4

Considering Russia’s strong presence in the energy sector, it is unsurprising that its top 3 most valuable companies are energy companies. The second largest state controlled company in Russia, Rosneft recorded revenues of around $119 billion in 2021 while providing employment to over 334,000 people. After Russia invaded Ukraine, BP p.l.c. (NYSE:BP) announced that it was divesting its 19.75% in Rosneft. In April 2022, Rosneft attempted to sell millions of barrels of oil but failed to attract customers. Since the invasion, over half of the company’s board has quite.