Joint stock company Russian Agricultural Bank is one of the largest banks in Russia, established in 2000 to facilitate the development of the national credit and financial system for agribusiness and rural areas. Today, the Bank is the leader in domestic agribusiness financing and a universal commercial bank offering a full range of banking services.
Russian Agricultural Bank is among top financial institutions by capital and assets and one of the most reliable banks in Russia. The Bank’s regional network is the second largest with 66 branches operating countrywide. Russian Agricultural Bank has representative offices in Belarus, Kazakhstan, Armenia and China.
The Russian Direct Investment Fund (RDIF) is Russia’s sovereign wealth fund with reserved capital of $10 billion under management. Working alongside the world’s foremost investors, we make direct investments in leading, as well as promising, Russian companies.
RDIF was created in 2011 under the leadership of the President and Prime Minister of Russia to co-invest alongside top global investors, acting as a catalyst for direct investment in Russia.
RDIF has invested over 1.4 trillion rubles, of which RDIF alone invested over 100 billion rubles and over 1.3 trillion rubles came from partners.
RDIF has successfully invested with foreign partners in more than 70 projects and covering 95% of the regions of the Russian Federation. RDIF has established joint strategic partnerships with leading international co-investors from more than 15 countries totaling more than $40 billion.
Gazprmbank (Joint-Stock Company) is one of three largest banks in the Russian Federation in terms of total assets and equity. Our principal business areas are corporate banking, retail banking, investment banking and depositary services. Our banking activities also include securities trading, foreign exchange operations, precious metals operations, clearing operations and settlement services.
We provide a broad array of commercial banking services to a variety of our corporate customers, including lending in various currencies, trade finance, settlement and cash management services. One other very important sphere of our relationship with our corporate customers is funding we receive in the form of customer current accounts and term deposits.
Our investment banking activities include capital markets, brokerage, corporate finance and project finance services, asset management and private equity investments. In the course of our investment banking activities we conduct private equity investments in companies from different industries not connected with banking.
Gazprom Neft is a vertically integrated oil company primarily engaged in oil and gas exploration and production, refining, and the production and sale of petroleum products. Gazprom Neft’s corporate structure encompasses more than 70 exploration and production, refining, and retailing enterprises in Russia, the CIS and worldwide.
Gazprom Neft is one of the world’s Top-10 public companies by proven liquid hydrocarbon reserves, and a global leader in its rapidity in reserves replacement. The company’s production and refining volumes – which in 2018 reached 92.9 million tonnes of oil equivalent (mtoe) and 42.9 million tonnes of oil, respectively – place it among the Top-3 most important companies in Russia.
Gazprom Neft’s products are sold throughout Russia and exported to over 50 countries worldwide. The company’s filling station network has more than 1,830 stations throughout Russia, the CIS and Europe.
Net profit at Gazprom Neft reached RUB376.7 billion in 2018, a 49-percent increase on 2017. The company is a market leader in terms of both financial growth and various efficiency metrics, including its internal rate of return (IRR).
The company’s majority shareholder is Gazprom PJSC (95.68 percent), with the remaining shares in free circulation.
LUKOIL is one of the largest international private vertically-integrated oil and gas companies, accounting for over 2% of global oil production and about 1% of proved hydrocarbon reserves.
With exploration, production and marketing of oil, gas, petroleum and petrochemical products being LUKOIL Group’s core businesses, the company plays a key role on Russia’s fuel and energy market. One of the largest taxpayers in this country, LUKOIL produces and refines 15% of oil in Russia.
Operating in six federal districts (65 regions) of the Russian Federation and over thirty countries worldwide, LUKOIL is continuously expanding its geographic presence.
The company makes significant investments in environmental protection every year. LUKOIL has always been an active sponsor and donator, supporting various socially significant projects and initiatives in the regions where it operates.
NOVATEK is one of the largest independent natural gas producers in Russia. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. NOVATEK carries out commercial hydrocarbons production at 18 fields.
The Company has put in place highly efficient producing and processing facilities. In 2018, the Company produced a total of 549.1 mln boe of marketable hydrocarbons.
NOVATEK ranks among the world's Top 5 companies in terms of proved natural gas reserves. As of the end of 2018, the Company’s reserve to production ratio was 29 years.
Yamal LNG being implemented in the Yamal Peninsula, Russia, is the Company's largest project. It is an integrated natural gas production, liquefaction and sales project with a capacity of 17.4 mtpa. In December 2018, the LNG plant reached the capacity of 16.5 mtpa more than one year ahead of the initial schedule.
Further reinforcing its position in the global LNG market, in the spring of 2019, the Company commissioned a 660,000 tpa LNG production and transshipment complex in the port of Vysotsk (Leningrad Region, Russia).
VEB.RF is a state development corporation. VEB.RF’s primary objective is to facilitate the long-term socio-economic development of the Russian Federation.
VEB.RF’s focus areas include strategically important projects designed to support high value-added manufacturing, non-commodity exports, urban agglomeration and infrastructure development.
VEB.RF coordinates activities of the largest national development institutions: Russian Export Center JSC, DOM.RF, RSMB Corporation, the Far East Development Fund, Monotowns Development Fund.
VEB.RF’s supreme governing body is the supervisory board chaired by the Prime Minister of the Russian Federation.
In accordance with the Memorandum on Financial Policies, VEB.RF participates in national projects aimed at implementing of May presidential decree. VEB.RF’s operating principles include absence of competition with commercial banks, transparency and break-even performance in project funding.
Russian Export Center JSC (REC) is a state institute for non-resource, non-energy exports assistance.
The REC Group offers a wide range of financial and non-financial support tools to benefit foreign purchasers of Russian products. The REC Group incorporates the Russian Agency for Export Credit and Investment Insurance (EXIAR JSC) and Eximbank of Russia. Customers may benefit from the services at any phase of an export transaction from the commencement of the supply to the post-contractual service.
The Group’s activity is underpinned by the special-purpose customer service and full service and product range. The support tools include searching for the partners abroad, arrangement of b2b meetings, workshops, and business missions, product promotion abroad, analytics and studies for exporters, assistance in certification, patenting, and licensing, consulting with regard to customs administration, participation in international projects and tender procedures.
REC’s customer base includes the developers of innovative security systems and commercial IT solutions, manufacturers of toys, baby food, cosmetics, food, major industrial enterprises that deliver aircraft, helicopters, wagons, harvesters, motor vehicles, and trucks.
URALCHEM is one of the leaders in mineral fertilizers production in Russia, CIS states and Eastern European countries.
The company is the largest ammonium nitrate producer in Russia and second in gross ammonia and nitrogen fertilizers production.
The products manufactured at URALCHEM, JSC factories are widely used in agriculture. Standard and innovative fertilizers are produced taking into account the needs of modern agricultural production and based on the latest developments in the agrochemistry. The company's products are used also in various industries: chemical, mining, metallurgical, construction, glass, etc.
URALCHEM operates production capacities of over 3 million tons of ammonium nitrate, 3 million tons of ammonia, 1.2 million tons of urea and 1 million tons of phosphate and complex fertilizers a year.
Uralkali is a world’s leading producer of potash, which is an essential component for the growth and development of all living organisms. The Company accounts for a significant share of global potash production. Uralkali controls its entire production chain, from potash ore mining to supply of potassium chloride to customers.
PRODUCTION
Uralkali’s production facilities are located in Perm Region (Russia) at the Verkhnekamskoye potassium and magnesium salt field, the world’s second largest deposit in terms of ore reserves.
The Company’s manufacturing assets consist of 5 mines, 6 potash plants and 1 carnallite plant.
SALES
DOMESTIC SALES
The domestic market is among the priority ones of the Company’s operational activity. The main consumer group of Uralkali’s products in Russia comprises agricultural producers, NPK-producers and industrial customers.
EXPORT SALES
Uralkali’s sales geography covers more than 60 countries worldwide. The Company’s strategy is aimed at maximizing revenues and maintaining the historic market share. The strategy allows the Company to effectively use such competitive advantages as its leading position in the industry in terms of production costs and production capacity.
The Company’s major markets are Latin America, North America, India, China, Southeast Asia, Europe and Africa.
Uralkali owns capacities to store, transport, and transship raw materials and finished products, comprising Baltic Bulk Terminal in St. Petersburg (Russia) and a fleet of specialized mineral railcars.
Rostec is a Russian State Corporation that was established in 2007 to facilitate the development, production and export of high-tech industrial products designed for civilian and military applications. The Corporation comprises over 700 organizations in 60 constituent entities of the Russian Federation that are currently part of 15 holding companies and 80 directly managed organizations specializing in manufacturing military-industrial, civilian and dual-purpose products. Rostec's portfolio includes well-known brands such as AVTOVAZ, KAMAZ, Concern Kalashnikov, Russian Helicopters, UralVagonZavod, etc. In 2017 the consolidated revenue of Rostec reached 1 trillion 589 million rubles, while the consolidated net income and EBITDA amounted to 121 and 305 billion rubles respectively. According to Rostec strategy, the main objective of the Corporation is to ensure that Russia has a technological advantage in highly competitive global markets. Rostec's key objectives include the introduction of a new techno-economic paradigm and digitalization of Russian economy.
The State Atomic Energy Corporation ROSATOM is one of the global technological leaders. The company has assets and competencies to work at all stages of the nuclear production chain from uranium mining to decommissioning of nuclear facilities and spent nuclear fuel management. ROSATOM brings together about 400 enterprises and organizations. ROSATOM is the third in the world in Nuclear Power Generation. The Corporation is the global leader in simultaneous implementation of NPP power units and has the largest portfolio of foreign construction projects (36 NPP units in 12 countries). ROSATOM manufactures equipment and produces isotopes for nuclear medicine, carries out research and material studies. It also assembles supercomputers and designs software as well as different nuclear and non-nuclear innovative products. The company has business ventures covering various clean energy projects. ROSATOM has second largest uranium reserves and 17% of the global nuclear fuel market.
ROSGEO is a Russian multi-industry geological holding company, which offers a full range of geological exploration services from regional surveys to stratigraphic drilling and subsoil monitoring. It boasts unique expertise, particularly in marine geology and shelf operations.
ROSGEO was established by Decree No. 957 of the President of the Russian Federation dated 15 July 2011. It is a fully state-owned company.
The enterprises within the holding company operate in all eight federal districts of Russia. A total of more than 1,000 fields and deposits have been discovered by ROSGEO, including Astrakhan field (2.5 trillion cubic meters of natural gas), the Tengiz field (3.1 billion tonnes of oil), the Kovykta field (1.9 trillion cubic meters of natural gas), the Sukhoi Log deposit (about 2,000 tonnes of gold), the Kursk Magnetic Anomaly, and many others.
ROSGEO’s subsidiaries have rich experience in implementing projects abroad: in Asia, Europe, Africa, and Latin America.
1C Company specializes in software development, distribution, publishing, and support. 1C Company serves customers through an extensive partnership network in 25 countries, including over 7 500 1C:Franchisee partners. These partners are certified by 1C to provide integration services for business automation. Among the software developed by 1C Company, the best known is 1C:Enterprise, a system of business automation products. It includes ERP-class business solutions, which improve the efficiency of enterprises and organizations and are built based on an innovative technological platform. Famous with outstanding flexibility, using on‑premise, cloud and mobile environment, 1C:Enterprise successfully automates enterprise resource planning, operations, accounting, finance, HR and management activities in more than 1 500 000 companies, including major corporations and government institutions. The system holds a leading position on the Russian ERP market by the number of automated workplaces and have high export potential.
Transportation and logistics group Transoil – a leading Russian private group of companies consisting of the same name transportation and three service companies maintaining the technical operation of locomotives and rolling stock. The group's strategy is aimed to growth of the park and cargoes’ range diversification, as well as the development of supporting infrastructure.
LLC Transoil, a leading transport company, has been rendering cargo-shipping services using privately-owned and leased rolling stock since 2003. Company operations encompass roughly 50,000 rail tank cars. Moreover, the Company owns 49 locomotives serviced by locomotive crews and repair divisions run by the Group’s operating company – Transoil-Service.
Joint Stock Company “Russian Railways” is one of the largest rail companies in the world with huge volumes of passenger and freight transportation.
The company has high financial ratings, qualified specialists in all the rail business spheres, extensive scientific and technological basis, project and construction facilities, experience in international cooperation.
100% of the stock of the company operating the railways network as long as 85,5 thousand kilometers belongs to the Russian Federation.
Every year Russian Railways carries more than 1 billion passengers and ships up to 45% of the country's cargo turnover (including pipelines).
Russian Railways belongs to the top 3 of the world rail industry leaders.
The company’s mission is to meet the market demand for transportation services, increase efficiency, quality of services and deep integration into the Eurasian transport system.
The Russian Copper Company (RCC) was founded in 2004 and is now one of the leading copper producers in Russia.
RCC is a vertically integrated holding with operational assets in Chelyabinsk Region, Sverdlovsk Region, Orenburg Region, Novgorod Region, and Kazakhstan.
RCC manages eight mining enterprises, a hydrometallurgical plant, three metallurgical plants, and a trading company. Together, they cover the complete production cycle, from mining and processing to production and sales.
RCC produces copper concentrate, copper cathodes and copper rods, as well as zinc concentrate, refined gold, and refined silver.
RCC's production facilities are able to produce more than 220,000 tons of copper cathodes and 235,000 tons of copper rods per year.
RCC’s focus is on efficient development of copper deposits in Russia and Kazakhstan.
The goal of the RCC is to become one of the most successful and technologically sophisticated copper producers in the world.
Otkritie Bank is among the top 10 largest banks in Russia and is a systemically important credit institution. It has been operating in the financial market since 1993 and developing the following areas of business: Corporate and Retail Banking, Investment Banking, SME and Private Banking.
As of December 31, 2018, the assets of Otkritie Bank and its subsidiaries under IFRS amounted to RUB 2.2 trillion, equity funds (capital) – RUB 315.7 billion.
The Bank’s regional network includes 745 offices in 258 cities covering 69 regions of the country.
Today, Otkritie is a large scale financial group with a great potential for further business growth. The Group includes companies holding leading positions in key segments of the financial market, such as Rosgosstrakh Bank, Rosgosstrakh (insurance business), Otkritie Non-State Pension Fund, Otkritie Management Company, Otkritie Broker (brokerage services), Baltic Leasing (JSC), and Customs Card (JSC).
SAP is the world leader in corporate applications. SAP solutions and services are used by over 413,000 customers in 180 countries worldwide. In 1992, a SAP SE office opened in Moscow; today SAP CIS includes about 1,300 employees, as the company is represented in all CIS countries. SAP Labs, a research and development center, opened in Moscow in 2012 and today has branches in Saint Petersburg.
SAP is the only international developer having its own Data Processing Center in Russia and permanently increasing its capacities.
SAP has been helping Russian companies for over 25 years to transform and optimize their businesses based on innovative solutions. SAP Digital Space, an innovative hub for events, demonstration of new technology solutions and joint projects with customers and partners, opened in Moscow in July 2018. The company invests in training and education, increases competences and develops the ecosystem expertise. Over 60 Russian universities have free access to SAP software to achieve their educational purposes. Twelve SAP Next-Gen Labs, innovative centers for students and young IT experts, opened starting from 2017.
“Kalashnikov” corporate group is the largest Russian manufacturer of firearms, guided artillery shells and a large spectrum of precision-guided munitions.
A large segment of commercial products includes hunting shotguns, sporting rifles, tools and manufacturing equipment. Company's priority activities are: remote controlled weapon stations, unmanned aerial vehicles, multipurpose speedboats, merchant vessels, electric cars and motorbikes, tactical gear and clothing, medical devices and aerospace products.
Blocking stake – 25% and one share belong to State Corporation Rostec and 75% minus one share belongs to private investors.
EY is a global leader in assurance, tax, transaction and advisory services.
EY works together with companies across the CIS and assists them in realizing their business goals. 5,500 professionals work at 19 CIS offices (in Moscow, St. Petersburg, Novosibirsk, Ekaterinburg, Kazan, Krasnodar, Rostov-on-Don, Togliatti, Vladivostok, Almaty, Nur-Sultan, Atyrau, Bishkek, Baku, Kyiv, Tashkent, Tbilisi, Yerevan, and Minsk).
EY Russia works to the highest international standards. The company is owned by Russian citizens and in total 96% of employees hold Russian citizenship. The corporate governance bodies responsible for key decisions in respect of the company’s development and operating activities also mainly consist of Russian citizens.
EY Russia ranked first by RAEX (Expert RA) among the top Russian audit groups and networks over the past three years.
PwC Russia provides industry-focused assurance, tax, legal and advisory services. Over 3,000 professionals working in PwC offices in Moscow, St Petersburg, Ekaterinburg, Kazan, Rostov-on-Don, Krasnodar, Novosibirsk, Voronezh, Vladikavkaz, Ufa, Nizhny Novgorod and Perm share their thinking, experience and solutions to develop fresh perspectives and practical advice for our clients.
PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Together, these firms form the PwC network, which includes over 250,000 employees in 158 countries.
