Press releases | Archive 2007
RBC is named again the best company in the Russian media sector
Moscow, March 2, 2007 - At the end of February, Global Finance magazine released its ranking of the "Best Companies in Russia". OAO RBC Information Systems (RTS, MICEX: RBCI) was recognized as the leader of the Russian media segment for the second year running. All the winners will be honored at the Russian Economic Forum in London on April 24, 2007.
Global Finance's survey covers a number of Russian industries, including oil and gas, steel, non-ferrous metals and mining, utilities, telecom, media and the consumer sector. The results of the rating are based on the industry analysis, corporate reports and other expert sources. The best companies were selected on a variety of both objective and subjective criteria, with market share of a company, its profitability, evidence of a winning long-term strategy, management quality and commitment to improvement in corporate governance, being among the key factors.
"Russian companies had a remarkable year in 2006," says Global Finance publisher Joseph D. Giarraputo. "And there's every evidence that may continue in 2007. While commodity prices' strength clearly played large part in the robustness of the Russian economy, it was the unmistakable signs of movement towards real corporate restructuring that was so heartening, particularly in relation to a growing commitment to good corporate governance."
Commenting on the rating's results, RBC General Director Yuri Rovensky said, "This is not the first time when Global Finance magazine names RBC among the best Russian companies. The Russian media segment is a complex, very competitive and an extremely interesting sector, experiencing tremendous growth. We were certainly pleased to receive such a high appreciation of our work from independent experts. Winning this award inspires and encourages us to continue building an efficient and transparent business."
Global Finance focuses on the aspect of corporate finance, provides wide coverage of the most significant international events and business tendencies for 50,000 subscribers from 158 countries, as well as regularly publishes 'Best Banks' and 'Best Companies' ratings pertaining to different countries and regions.
Best Companies in Russia by Sector (Global Finance, February 2007)