TITAN GROUP HAS ENTERED TOP 250 LARGEST COMPANIES IN THE NORTH-WEST FEDERAL DISTRICT REGARDING ITS REVENUE

TITAN GROUP HAS ENTERED TOP 250 LARGEST COMPANIES IN THE NORTH-WEST FEDERAL DISTRICT REGARDING ITS REVENUE

Following the results of 2018 Titan Group has entered top 250 largest companies in the North-West Federal District regarding its revenue volume. The rating was prepared by the analytic center of the magazine “Expert North-West” (https://expert.ru/ratings/rejting-krupnejshih-kompanij-szfo-po-ob_emu-vyiruchki-po-itogam-2018-goda/).

As indicated in this research the rating formation went through several stages. Stage one: based on the ratings of previous years, companies’ statuary accounts provided by the System of Complex Disclosure of Information and News (SCDIN), operational statistical forms and mass media reports, a list of companies – potential participants of the rating was made. In order to prepare the rating, financial statements of the companies registered in the North-West Federal District were collected.

Stage two: the companies range by the revenue value. In addition, for the holding structures, which have daughter companies located in other regions of Russia or countries, the revenue is shown according to consolidated financial statements. The rest of the companies range by the revenue vale according to the Russian accounting standards.



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