Forbes Publishes Latest List of Top Foreign Companies in Russia
Forbes magazine has published its 2018 list of the 50 largest foreign companies in Russia. The top ten includes four retailers, three car manufacturers, two tobacco companies and Pepsi.
Auchan is at the top of the list, as it has been since 2015, with revenues of 327.7 billion rubles ($5.14 billion). Kia Motors, made it into the top ten, jumping to eighth place with revenues of 232.4 billion rubles ($3,64 billion) from eleventh place last year.
The total revenue of the 50 companies in the Russian market in 2018 has increased by 10.2% to 6.4 trillion rubles, Forbes said.
The list includes companies that are more than 50% owned by foreign citizens. They are ranked by total revenue received in 2018.