Last week RBC, a major business publication, released its ranking of Russian companies by revenue and profit with 34 economic sectors covered, reports East-West Digital News (EWDN).

Unsurprisingly the three top companies in this ranking – Gazprom, Lukoil and Rosneft – are from the oil and gas industry. They are followed by Sberbank, the state-controlled financial giant, and Russian Railways.

Tech companies (which can be found in the “Information technologies” and “Media & Internet” categories) lag far behind these giants. Russia’s largest IT company is National Computer Corporation (NCC), which generated RUB177bn ($2.81bn) in revenue last year.

With some 3,800 employees, NCC is a diversified IT manufacturing and service group. Its flagship is Aquarius, a large IT manufacturers that can release “over 400,000 high-tech devices per year” – from computers and laptops, to data storage systems, to servers, to tlecom equipment.

Russia’s number two tech company is Lanit, a group of 38 entities employing around 11,700 people. These companies operate in IT development, installation, implementation of hardware and software complexes in addition to personnel training. Lanit generated RUB141bn ($2.25bn) in revenue in 2018.

Yandex comes third among Russia’s tech companies with RUB128bn ($2.04bn) in revenues. This is twice as much as much as its rival Mail.ru Group, number four, whose revenues reached RUB66bn ($1.05bn) last year.

Yandex also did better than Mail.ru in terms of net income. The former generated RUB46bn ($730mn) in net income in 2018, up +430% from 2017, while the latter lost more than RUB8bn ($130mn).

Two local subsidiaries of foreign companies are in the top 10 tech companies: Google Russia (nearly $1bn in revenue) and SAP CIS ($560mn).

Almost simultaneously, Forbes Russia published its 2018 list of the 50 largest foreign companies in Russia. The top ten includes four retailers, three car manufacturers, two tobacco companies and Pepsi.