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United Confectioners

From Wikipedia, the free encyclopedia
United Confectioners
IndustryConfectionery
Headquarters,
Russia
Revenue$1.12 billion[1] (2017)
$25.8 million[2] (2016)
$19.4 million[2] (2016)
Total assets$316 million[2] (2016)
Total equity$40.9 million[2] (2016)
Websitewww.uniconf.ru

United Confectioners (Russian: Объединённые кондитеры, romanizedObedinyonnye konditery) is a Russian confectionery holding. Through its subsidiaries it produces chocolate bars, cakes, cookies and candies.[3] The holding owns brands such as Krasny Oktyabr, Rot Front and Babayevsky. The company employed 17,000 people in 2013.[4]

As of 2015 it was the 13th largest confectionery company worldwide, with sales of $2.2 billion.[5] Until 2011 the company was partly owned by the city of Moscow, and it is currently part of the GUTA Group.[6] In 2016 the company had a 20% share of the Russian confectionery market.[7] In 2014 the company's products were removed from retail in Ukraine, in retaliation against similar actions taken against the Ukrainian confectioner Roshen.[8]

History

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The company was founded in the early 2000s.

Until 2014 26.6% of the shares[9] belonged to the Government of Moscow (the share was sold for 7 billion rubles).

Performance indicator

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The group's share of sales in the Russian confectionery market in 2009 was 14%, in 2017 — 21.3%.

In 2010, revenue, according to its own data, amounted to $1.3 billion. In 2006, sales amounted to 20.6 billion rubles. (14.5% more than in 2005).

Revenue in 2020 amounted to 63.7 billion rubles, the company entered the Forbes magazine rating "200 largest private companies in Russia 2021" in 166th place.[10]

References

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  1. ^ "Рейтинг крупнейших компаний России по объему реализации продукции". Expert RA. Archived from the original on 28 October 2018. Retrieved 28 October 2018.
  2. ^ a b c d http://www.rbc.ru/companies/id/193. {{cite web}}: Missing or empty |title= (help)
  3. ^ "United Confectioners Holding Joint-Stock Company: Private Company Information". Bloomberg. Retrieved 16 August 2017.
  4. ^ Glazunov, Mikhail (2016). Corporate Strategy in Post-Communist Russia. Routledge. ISBN 9781317352600.
  5. ^ "2015 Global Top 100 (25-1)". Candyindustry.com. Retrieved 16 August 2017.
  6. ^ "RUSSIA: Moscow to sell shares in United Confectioners". 26 August 2011.
  7. ^ "Confectionery in Russia". Euromonitor.com. Retrieved 16 August 2017.
  8. ^ "Candy counterstrike: Ukraine bans chocolate from Russia's United Confectioners". ConfectioneryNews.com. Retrieved 16 August 2017.
  9. ^ "Линия "Рот Фронта" прошла по Ордынке". www.kommersant.ru (in Russian). 2008-01-21. Retrieved 2024-06-15.
  10. ^ "200 крупнейших частных компаний России — 2021". Forbes.ru (in Russian). Retrieved 2024-06-15.
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