Stroytransgaz Is among Engineering and Construction Companies
OREANDA-NEWS. August 30, 2007. International rating agency Engineering News Record officially informed OAO Stroytransgaz that as the result of 2006 activities the Company entered the fist one hundred out of 225 major engineering and construction companies in the world.
In 225 Top Global Contractors nomination by estimate of total receipts OAO Stroytransgaz was 87th in the list.
In 225 Top International Contractors nomination by estimate of receipts from overseas contracts OAO Stroytransgaz was 91st in the list.
Thus for the first time during existence of rating of world major construction and engineering companies, a Russian company working in the field of oil and gas and industrial construction was included into it.
Unicity of this event lies also in the fact that OAO Stroytransgaz left behind such leaders of the world construction market as American ABB Lummus Global, Parsons, Williams Brothers Construction, Australian Worley Parsons Ltd., Japanese Sumitomo Mitsui Construction Co. Ltd, and others.
Let’s remind that by the results of 2006 the receipts of OAO Stroytransgaz made 45.923 billion rubles that was twice as much as the figures of 2005. Net profit of the Company by the results of 2006 increased twofold and made 669 million rubles.
The Company successively diversifies the structure of the receipts. One of the directions of this process is increase of share of overseas orders. By the results of 2006 20% of the receipts from the main activities of OAO Stroytransgaz were provided by overseas contracts. By estimates of specialists in 2007 the share of foreign contracts in the contracted receipts from main activities will make around 30%.
Engineering News Record (ENR) Agency is the only international rating agency that is engaged in analysis of activities of engineering and construction companies in all countries of the world.
ENR together with a leading agency Standard & Poor’s enters into well known publishing group McGraw-Hill (USA) that works in the field of industrial analytics from 1909.
ОАО Stroytransgaz is one of the major Russian engineering and construction companies with over 15 years of history. One of the main tasks of the Company is preservation and accrual of traditions of native oil and gas construction under new economic conditions with the help of unique engineering decisions and best international practice. OAO Stroytransgaz is the only Russian Company that executes large-scale projects for construction of oil and gas facilities in 15 countries of the world. Out of all Russian construction companies OAO Stroytransgaz has the largest number of clients among whom such leaders of the industry as Gazprom, LUKOIL, Rosneft, Transneft, TNK-BP, СonocoPhillips, Saudi Aramco, Sonatrach, BOTAS, DEPA, GAIL, Reliance, Syrian Gas Company.
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