According to RAEX international agency
“For the second year in a row, Mosinzhproekt is leading in sales among Russian engineering and industrial and infrastructure construction companies. These are the findings of the annual survey by the international rating agency RAEX”, said Yuri Kravtsov, General Director of Mosinzhproekt JSC.
“Our holding ranks 65th among Russia’s 600 largest companies in the volume of products sold. We improve our position in the RAEX-600 top 100 every year: we were 79th last year, and now we have improved our result by 14 points. In the sectoral Top 10 Engineering and Industrial and Infrastructure Construction, we are leading for the second year in a row,” Yuri Kravtsov stressed.
He said the engineering holding’s revenue growth rate in 2020 was almost 20%. This has been made possible by the implementation of large-scale projects and constant expansion of the company’s activities.
“We are engaged in the development of the Moscow Metro, and participate in the creation of the capital’s chordal highway system. The major civil projects that we have built have repeatedly reached the finals and won high-prestige international awards. Mosinzhproekt also acts as the territory development operator for a number of major urban development projects. All this allows us to occupy high positions in both national and international rankings,” added the head of the holding.
Yuri Kravtsov recalled that this year the company has also retained its leadership in the Infrastructure Construction sector of RBC 500 top list of the largest companies in Russia. In the overall ranking, the company improved its position by 9 points, ranking 65th.
Also, this year, Mosinzhproekt has risen by 9 points in the international 250 top list of the largest global construction companies. The holding was ranked 114th in ENR’s 2021 Top 250 Global Contractors.
Rating Russia’s largest companies by sales volume (RAEX-600) identifies the largest companies in the Russian economy based on their performance. The aim of the project is to analyze the role of big business in the economic development of the country, its structure, and main development trends. The rating is implemented under the control of PricewaterhouseCoopers (PwC), an international auditing company, part of the Big Four auditing companies in the world.