Metafrax Got in the Largest Russian Companies Rating in Terms of Turnover

Business magazine Expert published results of the annual Federal TOP 400 Largest Russian Companies Rating in terms of realized production.

According to 2016 results, Metafrax Group of Companies took the 266th place. Comparing to the 2015 values, the company’s sales had been insignificantly decreased by 0.4%, the company’s scope of realization had reached 41.69 billion roubles, net profit had reached 4.1 billion roubles.

According to 2017 results, the company’s experts expect profit values to remain on the 2016 level.

– Pursuant to our calculations, the consolidated profit of the Group, according the IFRS, will make 41.7 billion roubles in the end of 2017. – Said Armen Garslyan, Metafrax Board of Directors Chairman.

Besides the point, Metafrax can be called a permanent TOP 400 participant, starting from 2015, the company has got into the rating for the third time showing the stable central positions.

According to 2016 results, 43 constituent entities of the Russian Federation had taken part in the rating. The Perm Region was represented by four companies, two of them were related to chemical industry. In the general leaderboard, the number of chemical production manufacturers is less than twenty. Petroleum industry is traditionally the largest sector of the rating, the share of such companies is 29.4% of the overall revenue and 33.4% of the overall revenue of this year selection.

In 2016, the overall revenue of the 400 largest Russian companies made 65.4 trillion roubles that is higher than the TOP400 revenue in 2015 by 6.5%. The rating companies cover more than 40% of the Russian economy.

This year, one more value appeared in the leaderboard - number of employees. In 2016, 1700 employees had been working in Metafrax Group of Companies.