United Confectioners (Russian: Объединённые кондитеры, romanized: Obedinyonnye 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]
| Industry | Confectionery |
|---|---|
| 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) |
| Website | www |
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]
References edit
- ^ "Рейтинг крупнейших компаний России по объему реализации продукции". Expert RA. Archived from the original on 28 October 2018. Retrieved 28 October 2018.
- ^ a b c d Error: Unable to display the reference properly. See the documentation for details.
- ^ "United Confectioners Holding Joint-Stock Company: Private Company Information". Bloomberg. Retrieved 16 August 2017.
- ^ Glazunov, Mikhail (2016). Corporate Strategy in Post-Communist Russia. Routledge. ISBN 9781317352600.
- ^ "2015 Global Top 100 (25-1)". Candyindustry.com. Retrieved 16 August 2017.
- ^ "RUSSIA: Moscow to sell shares in United Confectioners". 26 August 2011.
- ^ "Confectionery in Russia". Euromonitor.com. Retrieved 16 August 2017.
- ^ "Candy counterstrike: Ukraine bans chocolate from Russia's United Confectioners". ConfectioneryNews.com. Retrieved 16 August 2017.