Forbes named the most unprofitable Russian companies in 2022 – Kommersant

Forbes named the most unprofitable Russian companies in 2022 - Kommersant

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Forbes presented a rating of the ten companies with the largest losses at the end of 2022. Their total loss amounted to almost 1.1 trillion rubles. The magazine noted that six of the ten most unprofitable companies are owned or indirectly controlled by the state.

With a net loss of 612.6 billion rubles. topped the rating VTB. The bank itself previously noted that it suffered from the implementation of foreign policy risks more than other Russian credit institutions due to its greater vulnerability to the risks of sanctions. In second place according to the results of last year – Alfa Bank with a loss of 117.1 billion rubles. This is the credit institution’s first loss since 2009 and a record in its history, Forbes notes. The top three companies with the largest losses for 2022 are closed by the general contractor for the construction of facilities for Gazprom – “Gazstroyprom” (net loss – 77.6 billion rubles).

Took fourth place Ozon, which is the second largest marketplace in Russia. The company’s net loss amounted to 58.2 billion rubles. In fifth place is the State Transport Leasing Company (STLC) with a loss of 53 billion rubles, in sixth place – “Network Svyaznoy” with a loss of 48.5 billion rubles.

The seventh place, according to Forbes, was taken by the company “Russian Coal”whose loss at the end of last year amounted to 34.2 billion rubles, the eighth – VK with a loss of 32.6 billion rubles. In ninth place – “Moscow subway”. The company’s net loss at the end of 2022 was 31.6 billion rubles. Lasts in the top ten companies with the biggest losses “Post office” — 31.1 billion rubles.

Forbes points out that some participants in the rating are chronically unprofitable. Thus, Moscow Metro has not earned a profit since 2016, and Svyaznoy Network even initiated bankruptcy proceedings. As data sources, the magazine used only financial or accounting statements published by companies, as well as data from the Federal Tax Service and Rosstat presented in the SPARK system.

Milena Kostereva

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