Tashir Group has kept its spot among Russia’s Top 200 private companies, an annual ranking by Forbes (see Issue #10, 2020). Companies are ranked based on their revenue in 2019.

This year, Tashir is ranked #51 with 181 billion rubles in revenue, moving up six places from last year. The group is now the highest-ranked Russian developer in commercial real estate.

“Over the past 21 years, the company has implemented 67 projects, building a total of 2.5 million square meters of real estate. In 2020, Tashir closed the deal purchasing a 90% stake in International Energy Corporation, Armenia’s largest producer, from RusHydro. The group also won the contract to build a number of transport hubs in Moscow and expanded its retail chains,” Forbes writes.

The Forbes Top 200 list ranks Russia’s largest privately owned companies. Tashir Group has been part of the rankings for the past 12 years.

Read more about the ranking here.

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