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  1. Antipinsky Oil Refinery Ranks 14 in RBC Rating of Raussia’s Top-50 Fastest Growing Companies

Antipinsky Oil Refinery Ranks 14 in RBC Rating of Raussia’s Top-50 Fastest Growing Companies

18 November 2015

On November 18, RBC published its rating of TOP-50 fastest growing companies in Russia. Antipinsky Oil Refinery ranked 14 in the rating. The company’s revenue for 2014 totaled RUB 124.6 bn with 49% average annual increase.

This year, the list of the rating participants grew from 30 to 50 companies and changed dramatically. It suffices to say that three leaders of the current rating of fast growing companies have made it to the list for the first time (they were not even among TOP-30 companies last year) and, in fact, 37 out of 50 companies are new to the rating. All oil and gas sector areas – production, transportation, refining and retail – are represented in the rating by only 7 companies.

However, the methodology of making the list has not changed. As the first stage, a long list of companies from SPARC-Interfax database and RBC 500 rating was made based on the following criteria: annual revenue growth of at least 20% from 2012 to 2014; revenue of at least RUB 1 bn in 2011 and at least RUB 3 bn in 2014; registered before 2011; the company should be private or the share of private shareholders should be at least 50%; the company may not be in the process of liquidation or amalgamation with other companies; the company’s business should be clear and transparent. Excluded from the sampling were financial companies and state-owned holding companies and their subsidiaries.

As the second stage, the growth ratio (the final score) was calculated for the companies meeting the sampling terms. Then, the companies meeting the sampling terms were ranked according to the growth ratio (final score) and the list of TOP-50 companies having the highest scores was made.

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