United Confectioners

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]

United Confectioners
IndustryConfectionery
Headquarters
Moscow
,
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

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
  1. "Рейтинг крупнейших компаний России по объему реализации продукции". Expert RA. Archived from the original on 28 October 2018. Retrieved 28 October 2018.
  2. http://www.rbc.ru/companies/id/193.
  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.
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