Agroholding Rusagro has officially announced the appointment of Timur Lipatov on January 1, 2022 to CEO of the company. The new CEO will focus on increasing the operational efficiency of the business by improving process efficiency, working with costs, developing the production culture and implementing a digitalization strategy. Prior to joining Rusagro, Lip...

The new CEO of Rusagro on January 1, 2022 will be the former CEO of Power Machines Timur Lipatov, RBC sources said. Lipatov has already been working at Rusagro since September this year and is an advisor to the main owner of the agricultural holding Vadim Moshkovich. The current general director, Maxim Basov, said that the company will announce who will be t...

Rusagro CEO Maxim Basov has decided not to extend his contract, which expires on December 31, 2021. The CEO of Rusagro will be succeeded on January 1, 2022 by Basov's successor to be announced before the end of the year.

Rusagro's IFRS net income for 9M 2021 was ₽35.422 billion, up 2.3 times from ₽15.678 billion the year before. Revenue increased 44.9% to ₽157.576 billion compared to ₽108.762 billion a year earlier.