In Novosibirsk, foreign businesses have raked in astronomical revenues, with a combined total surpassing several hundred billion units.
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foreign business in the Novosibirsk region has seen a substantial revenue boost over the past three years, with an average revenue per company nearly doubling.
According to the "Contur.Focus" project, foreign legal entities in the region generated a combined revenue of over 350 billion rubles from 2022 to 2025. Initially, there were 778 foreign legal entities operating in the region in 2022, but this number dropped to 358 by 2025.
In 2021, the revenue of foreign-participated companies was 155.9 billion rubles, with an average revenue of 490.32 million rubles per legal entity (data known for 318 organizations). By 2024, the average revenue per company had risen to 874.02 million rubles (data known for 127 companies out of 434).
However, it's essential to note that these figures represent only the companies for which revenue data is available. Looking at specific companies, the pet food and confectionery factories owned by "Wm. Wrigley Jr. Company" and "Mars GmbH" saw a significant revenue increase in 2022 (176.5 billion rubles, up 13%), with net profit reaching 27.2 billion.
On the other hand, OJSC "BELLA Siberia" has been struggling, with a revenue decline since 2022. In 2024, the company had a revenue of 2.2 billion (down 10%) and net profit of 4.3 million. Meanwhile, LLC "Siberian Niva" saw a revenue increase of 23% in 2024, with net profit standing at 1.2 billion.
Mulxton Partners LLC, owned by "The Coca-Cola Company," reported a total revenue of 77.3 billion across the country in 2023, with a net profit of 10.3 billion. However, no specific data is available for the Novosibirsk region.
Based on the available information, no specific foreign business revenue data for Novosibirsk Region companies is directly mentioned. However, broader economic trends and sectoral developments can be discerned:
- General Economic Pressures: The rising cost of basic goods in the Novosibirsk Region may affect consumer-focused industries.
- National Industry Performance: The Russian aviation and food & agriculture industries have shown signs of recovery. The Russian cheese market is projected to grow due to domestic production and health trends.
- Trade Developments: The Commonwealth of Independent States Agreement on Free Trade in Services (June 2023) could incentivize cross-border business.
However, the provided materials emphasize national-level data and macroeconomic challenges such as currency volatility and sanctions, and regional data specific to foreign revenue or company operations is lacking. Proprietary databases or regional trade reports would be necessary for more precise metrics. So, there you have it – the foreign business scene in the Novosibirsk region experiencing a revenue surge over the last three years, with rising averages and individual companies reaping the benefits.
- The foreign business industry in the Novosibirsk region noted a substantial revenue surge over the past three years, averaging around 874.02 million rubles per company in 2024.
- In 2024, some notable foreign companies in the region, such as Wm. Wrigley Jr. Company and Mars GmbH, reported a significant increase in revenue, reaching 176.5 billion rubles combined.
- While certain foreign businesses, like OJSC "BELLA Siberia," faced a decline in revenue, others showed promising growth, with LLC "Siberian Niva" recording a revenue increase of 23% in 2024.
- Despite the availability of national-level revenue data, there is no specific foreign business revenue data for Novosibirsk Region companies mentioned in the provided materials, necessitating the use of proprietary databases or regional trade reports for more precise metrics.
