| Rank in 2003 |
Rank in 2002 |
Name |
Industry |
Market value ($million, as of June 30, 2003) |
| 1 |
2 |
YUKOS (GAAP) |
Oil and gas |
31206.03 |
| 2 |
1 |
Gazprom (IAS) |
Oil and gas |
25246.62 |
| 3 |
4 |
LUKOIL (GAAP) |
Oil and gas |
16824.14 |
| 4 |
3 |
Surgutneftegaz |
Oil and gas |
14969.19 |
| 5 |
5 |
Sibneft (GAAP) |
Oil and gas |
12517.03 |
| 6 |
8 |
RAO UES of Russia (IAS) |
Power |
10906.85 |
| 7 |
6 |
Norilsk Nickel Metallurgical Combine (IAS) |
Nonferrous metallurgy |
7395.80 |
| 8 |
10 |
Mobile Telesystems (MTS) (GAAP) |
Telecommunications |
5880.31 |
| 9 |
9 |
Sberbank of Russia |
Finance |
5358.00 |
| 10 |
7 |
Tyumen Oil Company (TNK) |
Oil and gas |
5037.54 |
| 11 |
11 |
SIDANKO |
Oil and gas |
3079.50 |
| 12 |
16 |
Vympelcom (GAAP) |
Telecommunications |
2561.09 |
| 13 |
12 |
Slavneft |
Oil and gas |
2377.12 |
| 14 |
18 |
Mosenergo |
Power |
2073.44 |
| 15 |
13 |
Tatneft |
Oil and gas |
2070.85 |
| 16 |
15 |
Severstal |
Ferrous metallurgy |
1612.52 |
| 17 |
14 |
Baltika |
Food |
1449.84 |
| 18 |
20 |
Rostelecom |
Telecommunications |
1266.11 |
| 19 |
17 |
Wimm-Bill-Dann Food Products (GAAP) |
Food |
906.40 |
| 20 |
23 |
Megionneftegaz |
Oil and gas |
904.23 |
| 21 |
21 |
Orenburgneft |
Oil and gas |
807.59 |
| 22 |
50 |
Uralsvyazinform |
Telecommunications |
725.11 |
| 23 |
26 |
Eastern Oil Company (VNK) |
Oil and gas |
676.97 |
| 24 |
27 |
ONAKO |
Oil and gas |
669.53 |
| 25 |
19 |
AvtoVAZ |
Engineering |
641.79 |
| 26 |
22 |
Transneft (IAS) |
Transport |
638.66 |
| 27 |
24 |
Bashneft |
Oil and gas |
593.04 |
| 28 |
25 |
Moscow City Telephone Network (MGTS) |
Telecommunications |
570.78 |
| 29 |
47 |
Tolyattiazot |
Chemical |
536.08 |
| 30 |
48 |
Centertelecom |
Telecommunications |
460.30 |
| 31 |
30 |
Irkutskenergo |
Power |
444.50 |
| 32 |
53 |
Volga Telecom |
Telecommunications |
443.98 |
| 33 |
29 |
Aeroflot |
Transport |
408.15 |
| 34 |
31 |
Lenenergo |
Power |
356.21 |
| 35 |
35 |
Udmurtneft |
Oil and gas |
347.30 |
| 36 |
68 |
Sibirtelecom |
Telecommunications |
341.12 |
| 37 |
39 |
Kostroma Thermal Power Plant |
Power |
313.83 |
| 38 |
-- |
Uralsib Bank |
Finance |
304.00 |
| 39 |
33 |
Purneftegaz |
Oil and gas |
280.64 |
| 40 |
36 |
Northwest Telecom |
Telecommunications |
277.07 |
| 41 |
54 |
Southern Telecommunications Company (YuTK) |
Telecommunications |
259.79 |
| 42 |
37 |
United Machinery (OMZ) (IAS) |
Engineering |
250.45 |
| 43 |
43 |
Bashkirenergo |
Power |
242.94 |
| 44 |
34 |
KamAZ |
Engineering |
239.65 |
| 45 |
40 |
Nizhnekamskneftekhim |
Petrochemical |
225.58 |
| 46 |
60 |
Yaroslavnefteorgsintez |
Petrochemical |
195.86 |
| 47 |
46 |
Sayano-Shushensk Hydroelectric Power Plant |
Power |
193.35 |
| 48 |
45 |
Kuzbassenergo |
Power |
190.94 |
| 49 |
77 |
Nizhny Tagil Iron and Steel Works |
Ferrous metallurgy |
190.93 |
| 50 |
44 |
Samaraenergo |
Power |
178.85 |
| 51 |
-- |
NPK Irkut |
Engineering |
174.82 |
| 52 |
-- |
Vareganeftegaz |
Oil and gas |
167.34 |
| 53 |
38 |
Sakhalinmorneftegaz |
Oil and gas |
159.79 |
| 54 |
82 |
SUAL |
Nonferrous metallurgy |
151.47 |
| 55 |
62 |
Uralkaly |
Chemical |
151.36 |
| 56 |
52 |
RITEK |
Oil and gas |
146.38 |
| 57 |
55 |
Stavropol Thermal Power Plant |
Power |
143.33 |
| 58 |
90 |
Mechel |
Ferrous metallurgy |
138.34 |
| 59 |
66 |
Sverdlovenergo |
Power |
133.37 |
| 60 |
74 |
Salavatnefteorgsintez |
Petrochemical |
131.71 |
| 61 |
51 |
RBC Information Systems |
Information |
125.00 |
| 62 |
63 |
Vyksa Steel Works |
Ferrous metallurgy |
122.34 |
| 63 |
80 |
Konakovo Thermal Power Plant |
Power |
121.21 |
| 64 |
-- |
Kalina Concern |
Chemical |
119.91 |
| 65 |
71 |
Krasnoyarskenergo |
Power |
119.21 |
| 66 |
49 |
Verkhnyaya Salda Metallurgical Production Association
(VSMPO) |
Nonferrous metallurgy |
116.88 |
| 67 |
121 |
Chelyabenergo |
Power |
109.21 |
| 68 |
114 |
Nizhnovenergo |
Power |
102.88 |
| 69 |
73 |
Leningrad Metal Works (LMZ) |
Engineering |
102.53 |
| 70 |
61 |
GUM |
Trade |
96.00 |
| 71 |
79 |
Permenergo |
Power |
95.96 |
| 72 |
78 |
Chelyabinsk Tube-Rolling Plant |
Ferrous metallurgy |
89.99 |
| 73 |
104 |
Orsknefteorgsintez |
Petrochemical |
89.39 |
| 74 |
93 |
Tulaenergo |
Power |
88.52 |
| 75 |
147 |
Yakutskenergo |
Power |
85.05 |
| 76 |
145 |
Dalsvyaz |
Telecommunications |
84.11 |
| 77 |
110 |
Novosibirskenergo |
Power |
81.15 |
| 78 |
-- |
Oskol Electrometallurgical Plant |
Ferrous metallurgy |
76.79 |
| 79 |
95 |
Rostovenergo |
Power |
76.65 |
| 80 |
69 |
Far Eastern Shipping Company |
Transport |
76.43 |
| 81 |
142 |
Komienergo |
Power |
76.38 |
| 82 |
124 |
Omskenergo |
Power |
73.91 |
| 83 |
105 |
Bashinformsvyaz |
Telecommunications |
73.08 |
| 84 |
67 |
Saratovneftegaz |
Oil and gas |
72.64 |
| 85 |
56 |
Buryatzoloto |
Nonferrous metallurgy |
71.15 |
| 86 |
75 |
Sakhaneftegaz |
Oil and gas |
70.19 |
| 87 |
167 |
Khabarovskenergo |
Power |
68.87 |
| 88 |
-- |
Novoil |
Petrochemical |
65.54 |
| 89 |
116 |
Saratovenergo |
Power |
65.19 |
| 90 |
96 |
Kubanenergo |
Power |
64.33 |
| 91 |
58 |
Manezh Square |
Trade |
64.28 |
| 92 |
42 |
GAZ |
Engineering |
63.16 |
| 93 |
86 |
Ufaneftekhim |
Petrochemical |
62.64 |
| 94 |
89 |
Kolenergo |
Power |
60.72 |
| 95 |
127 |
Pechora Thermal Power Plant |
Power |
60.69 |
| 96 |
32 |
Sayanogorsk Aluminum Smelter |
Nonferrous metallurgy |
59.90 |
| 97 |
64 |
Energiya Space Rocket Corporation |
Engineering |
59.70 |
| 98 |
59 |
Volga Hydroelectric Power Plant |
Power |
59.46 |
| 99 |
-- |
Ufa Oil Refinery |
Petrochemical |
58.32 |
| 100 |
76 |
Novoship |
Transport |
58.26 |
| 101 |
91 |
Elektrosila |
Engineering |
54.16 |
| 102 |
-- |
Arkhenergo |
Power |
52.74 |
| 103 |
111 |
Zavolzhye Motor Works |
Engineering |
51.29 |
| 104 |
87 |
Krasnoyarsk Hydroelectric Power Plant |
Power |
48.89 |
| 105 |
131 |
Primorye Shipping Company |
Transport |
48.67 |
| 106 |
134 |
Volgogradenergo |
Power |
48.26 |
| 107 |
100 |
Seversk Pipe Mill |
Ferrous metallurgy |
48.13 |
| 108 |
-- |
Tebukneft |
Oil and gas |
47.95 |
| 109 |
113 |
Kazan Helicopter Plant |
Engineering |
47.77 |
| 110 |
41 |
UAZ |
Engineering |
43.77 |
| 111 |
119 |
Ufa Motor Works |
Engineering |
42.58 |
| 112 |
72 |
Lenin Volga Hydroelectric Power Plant |
Power |
42.52 |
| 113 |
-- |
Rostov Helicopter Production Complex (Rostvertol) |
Engineering |
42.03 |
| 114 |
166 |
Dalenergo |
Power |
40.70 |
| 115 |
92 |
Silvinit |
Chemical |
39.21 |
| 116 |
182 |
Uralelektromed |
Nonferrous metallurgy |
39.05 |
| 117 |
103 |
Yuteir |
Transport |
38.96 |
| 118 |
156 |
Smolenskenergo |
Power |
37.38 |
| 119 |
163 |
Cherepets Thermal Power Plant |
Power |
36.88 |
| 120 |
-- |
Nevinnomyssky Azot |
Power |
36.08 |
| 121 |
-- |
Sakhalinenergo |
Power |
35.30 |
| 122 |
118 |
Kirovenergo |
Power |
34.80 |
| 123 |
101 |
Bratsk Aluminum Smelter (BrAZ) |
Nonferrous metallurgy |
34.41 |
| 124 |
85 |
Krasny Oktyabr |
Food |
34.22 |
| 125 |
129 |
Zeya Hydroelectric Power Plant |
Power |
33.61 |
| 126 |
65 |
Chernogorneft |
Oil and gas |
33.49 |
| 127 |
151 |
Udmurtenergo |
Power |
32.17 |
| 128 |
193 |
Astrakhanenergo |
Power |
31.73 |
| 129 |
-- |
Mikron |
Engineering |
31.31 |
| 130 |
161 |
Yarenergo |
Power |
30.86 |
| 131 |
117 |
Tomskenergo |
Power |
30.55 |
| 132 |
57 |
Taganrog Iron and Steel Works |
Ferrous metallurgy |
30.52 |
| 133 |
196 |
Altaienergo |
Power |
29.92 |
| 134 |
183 |
Chitaenergo |
Power |
27.64 |
| 135 |
-- |
Ivenergo |
Power |
27.43 |
| 136 |
-- |
Votkinsk Hydroelectric Power Plant |
Power |
27.14 |
| 137 |
-- |
Dagenergo |
Power |
24.76 |
| 138 |
109 |
Ammofos |
Chemical |
24.71 |
| 139 |
152 |
Stavropolenergo |
Power |
24.70 |
| 140 |
175 |
Pervouralsk Novotrubny Pipe Factory |
Ferrous metallurgy |
24.58 |
| 141 |
99 |
Azot (Tula Region) |
Chemical |
24.50 |
| 142 |
200 |
NOSTA |
Ferrous metallurgy |
24.11 |
| 143 |
-- |
Saturn Scientific Production Association |
Engineering |
23.90 |
| 144 |
-- |
All-Russian Automobile Alliance |
Engineering |
23.37 |
| 145 |
173 |
Akron |
Chemical |
23.02 |
| 146 |
144 |
Vozrozhdenie Bank |
Finance |
21.67 |
| 147 |
-- |
Northwestern Shipping Company |
Transport |
21.27 |
| 148 |
-- |
Novosibirsk Chemical Concentrate Plant |
Nuclear |
20.66 |
| 149 |
-- |
Svyaz (Komi) |
Telecommunications |
20.28 |
| 150 |
194 |
Vladimirenergo |
Power |
19.25 |
| 151 |
138 |
Lensvyaz |
Telecommunications |
17.90 |
| 152 |
170 |
Ufaorgsintez |
Petrochemical |
17.60 |
| 153 |
179 |
Ulyanovskenergo |
Power |
17.43 |
| 154 |
-- |
Ulan-Ude Aviation Plant |
Engineering |
17.37 |
| 155 |
154 |
Lisma |
Engineering |
16.61 |
| 156 |
-- |
Saratovnefteprodukt |
Oil and gas |
16.36 |
| 157 |
-- |
Mordovenergo |
Power |
15.47 |
| 158 |
-- |
Petmol |
Food |
15.17 |
| 159 |
185 |
Yaroslavl Tire Factory |
Chemical |
14.92 |
| 160 |
-- |
Amurenergo |
Power |
14.62 |
| 161 |
136 |
Belgorodenergo |
Power |
14.38 |
| 162 |
174 |
Tambovenergo |
Power |
13.74 |
| 163 |
191 |
Kurskenergo |
Power |
13.70 |
| 164 |
172 |
Rostselmash |
Engineering |
13.46 |
| 165 |
153 |
Kalugaenergo |
Power |
13.35 |
| 166 |
139 |
Nizhnekamsk Tire Plant |
Petrochemical |
13.25 |
| 167 |
-- |
Kurganenergo |
Power |
13.19 |
| 168 |
160 |
Komineft |
Oil and gas |
13.09 |
| 169 |
-- |
Beriev TANTK |
Engineering |
13.02 |
| 170 |
-- |
Voronezhenergo |
Power |
12.94 |
| 171 |
-- |
Tverenergo |
Power |
12.81 |
| 172 |
107 |
TsUM |
Trade |
11.30 |
| 173 |
148 |
Pavlov Bus Plant |
Engineering |
11.13 |
| 174 |
164 |
Penzaenergo |
Power |
11.05 |
| 175 |
-- |
Ryazanenergo |
Power |
10.55 |
| 176 |
-- |
Orenburgnefteprodukt |
Oil and gas |
10.44 |
| 177 |
157 |
Sokol (Nizhny Novgorod) Aircraft Plant |
Engineering |
9.73 |
| 178 |
-- |
Zapsibgazprom |
Oil and gas |
9.68 |
| 179 |
180 |
LOMO |
Engineering |
8.93 |
| 180 |
-- |
Buryatenergo |
Power |
8.55 |
| 181 |
-- |
Saratov Oil Refinery |
Petrochemical |
8.45 |
| 182 |
-- |
Novgorodenergo |
Power |
8.28 |
| 183 |
171 |
Ryazan Oil Refinery |
Petrochemical |
7.91 |
| 184 |
-- |
Ilyushin Aircraft Corporation |
Engineering |
7.88 |
| 185 |
-- |
Nizhny Novgorod Machine-Building Plant |
Engineering |
7.79 |
| 186 |
-- |
Aviastar |
Engineering |
7.70 |
| 187 |
-- |
Pskovenergo |
Power |
7.65 |
| 188 |
-- |
Kamchatskenergo |
Power |
7.50 |
| 189 |
190 |
Kazan City Telephone Network |
Telecommunications |
7.32 |
| 190 |
-- |
ZIL |
Engineering |
7.24 |
| 191 |
-- |
AVISMA |
Engineering |
6.98 |
| 192 |
-- |
Azot (Kemerovo Region) |
Chemical |
6.87 |
| 193 |
192 |
Voronezh Aircraft Manufacturing Association (VASO) |
Engineering |
6.77 |
| 194 |
-- |
Azot (Perm Region) |
Chemical |
6.49 |
| 195 |
-- |
Magadanenergo |
Power |
6.17 |
| 196 |
-- |
Omskshina |
Chemical |
5.66 |
| 197 |
-- |
Marienergo |
Power |
5.60 |
| 198 |
-- |
Belokalitva Metallurgical Works |
Ferrous metallurgy |
5.52 |
| 199 |
187 |
Central Telegraph |
Telecommunications |
5.48 |
| 200 |
-- |
Bryanskenergo |
Power |
5.42 |