Rusagro Holding has applied for registration of the Hungry Panda baby food brand and plans to organize a workshop for production of such products on the basis of a dairy plant in Ulyanovsk. Previously, this facility produced dry food ingredients, as well as dairy and cereal drinks. Capacity of the combine to produce dry mixes is 14.2 thousand tons per year.

Management of Rusagro is considering various options related to the potential re-registration of the parent structure of group in another country instead of Cyprus, but so far there has been no decision of the board of directors on this issue, said the company's CFO Alexander Tarasov.

Rusagro's IFRS net income for 6 months of 2022 was ₽0.166 billion, down many times from ₽17.6 billion in the previous year. Revenue rose 21.9% to ₽127.23 billion compared to ₽104.37 billion a year earlier.

Rusagro's revenues for 6 months of 2022 were ₽130.843 billion, up 21% from ₽108.023 billion a year earlier. Sugar production increased 2.7 times to 104 thousand tons. Production of pork in live weight increased by 6% to 160 thousand tons. Production of crude oil decreased by 3% to 358 thousand tons. Sales of sugar increased by 21% to 437 thousand tons, pork...