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JSC SINTEZ-KAUCHUK AND STERLITAMAK PETROCHEMICAL PLANT ARE IN THE TOP OF THE LARGEST COMPANIES BY THE VOLUME OF PRODUCT SALES

JSC “Sintez-Kauchuk” and “Sterlitamak Petrochemical Plant” are recognized as one of the most successful companies in Russia.

The enterprises of the petrochemical group "TAU Petrochem" LLC entered the TOP-400 largest companies in the Urals and Western Siberia (Sverdlovsk, Chelyabinsk, Kurgan, Orenburg, Tyumen regions (including Khanty-Mansi and Yamalo-Nenets Autonomous Districts), Perm region, the republics of Bashkortostan and Udmurtia) by the volume of product sales in 2019: JSC “Sintez-Kauchuk” is ranked 197, and JSC “Sterlitamak Petrochemical Plant” is 235.

The rating was compiled by the analytical center "Expert". The position of industrial companies in the list was determined by ranking them according to the volume of proceeds from the products sales (goods, works, services minus VAT, excise taxes and similar mandatory payments). The comparative analysis took into account the dynamics of the volume of products sales to the previous year, gross and net profit (when recalculating companies" proceeds in 2019 the average weighted dollar rate of 64.74 rubles/ dollar was used, in 2018 - 62.71 rubles/ dollar). The collection of information about companies was carried out in three stages. At the first preparatory stage, a list of potential participants was drawn up based on the ratings of previous years and information from the Federal State Statistics Service presented in the System for Professional Analysis of Markets and Companies (SPARK) of the Interfax agency; at the second stage applicants have been surveyed, key performance indicators for 2019 and 2018 were requested; and at the final stage data from corporate websites and Interfax-Corporate Information Disclosure Center was processed.

As the study shows, the total proceeds of the participants of the study "Top 400 largest companies in the Urals and Western Siberia” of 2019 grew by 2.4% and amounted to almost 18.8 trillion rubles. However, it is inferior to the indicators of 2018 which is explained by unfavorable macroeconomic factors (the Russian economy did not accelerate after the last recession and the world market began to slow down due to trade wars and geopolitical conflicts). Nevertheless, analysts suggest that the base formed in 2019 will help to cope with the challenges associated with the pandemic - decrease in business activity, disruption of economic chains, forced revision of labor management models which means that production volumes will be maintained this year.

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