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October 19
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Forbes.ru has issued it new ranking of the largest Russian private companies, and it includes businesses run by Armenians.

Like last year, the magazine has ranked 4th Magnit, which is one of the largest Russian retailers, and with a revenue of 1.237 trillion rubles.

Samvel Karapetyan’s Tashir Group is in 57th place, with 172 billion rubles.

The RESO-Garantia insurance company, which is owned by Nikolai and Sergei Sarkisov brothers, is ranked 80th, with 122.3 billion rubles of revenue.

Forbes magazine has once again placed Lukoil Oil Company in the first place on this ranking of Russia’s largest private companies. Last year the profits of this corporation were 8.036 trillion rubles.

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