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Sberbank becomes most expensive Russian brand

Sberbank is followed by Gazprom and Lukoil
Sberbank central office Stoyan Vasev/TASS
Sberbank central office
© Stoyan Vasev/TASS

MOSCOW, August 15. /TASS/. Sberbank is recognized as the most expensive Russian brand. Its value surged 18% annually to 670.4 bln rubles ($10 bln), Brand Finance consultancy says in its annual review.

It is followed by Gazprom and Lukoil. Gazprom’s brand value rose by 5% to 320.8 bln rubles ($4.8 bln). Lukoil’s brand value lost 1% and totals 281.1 bln rubles ($4.2 bln).

Rosneft’s brand is ranked fourth with the value of 203.9 bln ($3 bln), up 13% in annual terms. Russian Railways are at the fifth position, with the brand value soaring 35% annually to 159 bln rubles ($2.4 bln). The brand value of the Magnit retailer on the sixth place lost 5% over the last year and amounts to 145.2 bln rubles ($2.2 bln). It is followed by VTB (117.6 bln rubles ($1.8 bln, +11%), MTS (114.5 bln rubles ($1.7 bln), +23%), Tatneft (97.3 bln rubles ($1.4 bln), +9%) and Pyaterochka (91.2 bln rubles ($1.3 bln), whose brand value surged 27% year-on-year.