Thu, 4 September
19.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Twenty-seven Russian companies listed by Forbes in its annual global 2000 list of the world’s biggest public companies

YEREVAN, May 7. / ARKA /.Twenty-seven Russian companies have been listed by Forbes in its 13th Annual Global 2000 list of the world’s biggest public companies.

The highest ranked is Gazprom, which shares 27th place with the US telephone provider AT&T.
The other Russian companies include: Rosneft (59th), LukOil (109th) and Sberbank (124th), which also rank quite high.

Two Russian companies, United Aircraft Corporation and Moskovskaya Birzha have been included for the first time this year.

This year’s Global 2000 companies hail from 61 countries (compared to 62 countries last year).
For the first time, China’s four biggest banks have taken the top four spots; along with PetroChina, which is ranked eighth, China has landed five of the top ten spots for the second year in a row. The other five are held by the US.

France fell out of the top 5 countries, ceding its spot to South Korea while Argentina and Cyprus made their debut on the list this year. There are 200 newcomers to this year’s list including some household names like travel company Expedia and luxury jewelry retailer Tiffany.

Forbes said the most notable gainers on the list include Facebook, which jumped more than 200 ranks this year thanks to rising revenue and profits.

With 121 spots, construction overtook utilities as the third leading industry this year, in part thanks to the more upbeat global economic outlook, Forbes said.-0-

spot_img

POPULAR

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

Measures to encourage cashless transactions discussed in Armenia

The Armenian government, chaired by Prime Minister Nikol Pashinyan, convened a meeting yesterday to deliberate on initiatives aimed at promoting cashless transactions, the government press service reported.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro Jumps by 4.39 Points to AMD 447

The average market exchange rate of the US dollar to the Armenian dram as of August 28, 2025, increased by 0.72 points compared to August 27 and amounted to AMD 382.97.

Market capitalization in July increased by 45.3% year-on-year, exceeding 463 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity. 

LATEST NEWS

spot_imgspot_imgspot_img