We are pleased to announce that Legion Oil & Gas LLC is the 2nd most rapidly growing company in the energy and utilities sector. We are on 135 place in overall Germany where biggest growth was recorded by pharma and medical start-up backed by high demand during pandemic time.
“Despite challenging year and high volatility in commodity markets we have managed to grow significantly in 2021 thanks to higher commodities prices and growing volumes sold”, – Denis Varaksin, Managing Director of Legion Oil & Gas LLC GmbH commented. “We kept on growing our team and as well as our capital during 2020-2021 which helped to us report solid numbers” – he added.
Legion Oil & Gas LLC’ turnover in 2021 reached €54.179.000 compared to €14.407.000 in 2018, company average annual growth rate is 56%.
FOCUS is the financial and career magazine from a German-language news magazine FOCUS. For over 20 years, the FOCUS editorial team has published top lists naming experts who are leaders in their field. The Growth Champions are a list of the top 500 companies in Germany that achieved high percentage revenue growth between 2018 and 2021. The Growth Champions 2023 were identified by research partner Statista GmbH on behalf of FOCUS.
To participate, companies had to have achieved a minimum turnover of 100,000 euros in 2018 and an average growth rate of over 8.4 per cent. From a total of two million companies registered in the commercial register, 12,000 companies with significant employee or turnover growth were filtered out and invited to apply.
The criteria for admission were as follows:
- Minimum turnover in 2018: 100 000 euros, 2021: 1.8 million euros
- Headquarters in Germany
- Organic growth
- Independent enterprise
The 500 fastest-growing companies in 21 sectors were selected from a total of 1503 companies.
Legion Oil & Gas LLC is a German-based trading company specializing in base oils, petroleum coke, bitumen. We have recently obtained ISCC certification, which enables us to provide our customers also with the free fatty acids worldwide.
