| United Confectioners | |
| Industry: | Confectionery |
| Predecessors: | --> |
| Successors: | --> |
| Founders: | --> |
| Hq Location City: | Moscow |
| Hq Location Country: | Russia |
| Areas Served: | --> |
| Owners: | --> |
United Confectioners (Russian: Объединённые кондитеры|Obedinyonnye konditery) is a Russian confectionery holding.Through its subsidiaries it produces chocolate bars, cakes, cookies and candies.[1] The holding owns brands such as Krasny Oktyabr, Rot Front and Babayevsky. The company employed 17,000 people in 2013.[2]
As of 2015 it was the 13th largest confectionery company worldwide, with sales of $2.2 billion.[3] Until 2011 the company was partly owned by the city of Moscow, and it is currently part of the GUTA Group.[4] In 2016 the company had a 20% share of the Russian confectionery market.[5] In 2014 the company's products were removed from retail in Ukraine, in retaliation against similar actions taken against the Ukrainian confectioner Roshen.[6]
The company was founded in the early 2000s.
Until 2014 26.6% of the shares[7] belonged to the Government of Moscow (the share was sold for 7 billion rubles).
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.[8]