Metafrax Went Up by 60 Points In the Largest Russian Companies Rating

Company Metafrax raised on 231 place in the TOP 500 Largest Russian Companies rating prepared by RBC magazine.

The main criteria of the Russian business rating is the net profit factor of companies in 2015. In this respect, the lowest point to pass in the rating has got higher from 15 to 16.2 billion roubles, and the joint profit of the RBC 500 participants increased by 13.6% up to 63.7 trillion roubles. In 2015, the GDP factor decreased by 3.7%, up to 80 trillion roubles. – Noted the magazine.

Besides, according to the 2015 results, 84 new companies had joined the rating. There are several reasons for them to get into the rating. From the one hand, it is growth, merge and acquisition of some companies. From the other hand, it’s a changing of the philosophy, in particular, now the rating takes into account non-state pension funds.

There are the ones who developed their business from zero and made it to get into the list. However, the most of them, - Said Valeria Igumenova, RBC Chief Editor, - are honest eager beavers who had spent a lot of years to get into the business leaders list, they grew organically, narrowed their competitors, took places of those who left the competition.

Probably, Metafrax can be classified as one of those. During one year, the company had raised significantly: by 60 points of the rating taking the 231st place according to the results. According to IFRS, in 2015, the Metafrax Group of Companies profit increased by 35% to 42 billion roubles.

The chemical industry takes the worthy part of the rating. According to RBC information, the Russian chemical complex had been standing against the crisis better than the other industries for two years. Even now, the relative growth is evident, according to the results of January-June of 2016, the chemical industry production index made 105.2%. Some of the reasons are the chosen import substitution course and the export chemical production volume growth. With this, the industry feels the construction and automaking industries demand lowering. Experts consider the export profit growth because of the ruble devaluation as the temporary measure.

The chemical complex development is possible due to development, creation and transfer of new technologies, development of the existing ones by realization of the full circle of the future considerations, mainly the national innovational chemical technologies. – said Victor Ivanov, President of Russian Chemistry Workers Union.