Forbes: Firms of 5 Armenian tycoons among the largest in Russia

Forbes: Firms of 5 Armenian tycoons among the largest in Russia

PanARMENIAN.Net - Forbes has published a list of 200 largest private companies of Russia in 2017, which includes five firms belonging to businessmen of Armenian origin.

The second spot of the ranking is taken by Sergey Galitsky's (formerly Harutyunyan) Magnet, with a revenue of 1.75 trillion rubles in 2016.

Samvel Karapetyan's Tashir Group is on the 34th position with an annual revenue of 195 billion rubles.

The company Rosgosstrakh belonging to Danil Khachaturov boasts an annual revenue of 140 billion rubles and is placed the 52nd.

Nikolai and Sergei Sarkisov's RESO Group and Kamo Avagumyan's Avilon come in the 92nd and 159th, respectively.

 Top stories
The profane and racist graffiti attack on San Francisco’s KZV Armenian School was discovered on July 20-21.
179 people have so far recovered from the disease in Karabakh, while 112 others are quarantined.
154 people have so far recovered from the disease in Karabakh, while 126 others are quarantined.
Armenians arranged a fruit rescue mission that its organisers have dubbed “Operation Apricot”.
Partner news