Rusagro news

Rusagro logo 25.11.21
Rusagro

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...
Rusagro logo 25.11.21
Rusagro

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...
Source: {source} pictogram rbc.ru
Rusagro logo 15.11.21
Rusagro

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 logo 15.11.21
Rusagro

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.
Rusagro logo 08.11.21
Rusagro

The Ministry of Agriculture proposed to nullify import duties on frozen beef and pork within the quota of 200 thousand tons for each type in order to curb the growth of meat prices in the country. Now for imports of foreign products companies pay a fee of 15% for beef and 25% for pork. For domestic producers the measures will be unfair, since the companies i...
Source: {source} pictogram iz.ru
Rusagro logo 25.10.21
Rusagro

Rusagro's revenue for 9M 2021 was ₽165.2 billion, up 46% year-on-year. Revenue from the sugar segment was up 14% to ₽24.1 billion. Revenue from the meat segment was up 25% to ₽28.5 billion. Revenue from the oil and fats segment was up 72% to ₽94 billion, agriculture was up 27% to ₽18.7 billion.
Rusagro logo 20.10.21
Rusagro

Agroholding Rusagro sold a dairy farm in Belgorod region. Now the company no longer produces cow's milk.
Rusagro logo 18.10.21
Rusagro

Agroholding Rusagro acquired the remaining 25% in Primorskaya Soya LLC, consolidating 100% of the company. The company processes soybeans and produces vegetable oil and meal. Rusagro did not disclose the amount of the deal.
Rusagro logo 15.10.21
Rusagro

Rusagro plans to export about 10% of Primorye meat processing complex products to Asian countries after the plant reaches its design capacity, said Yevgeny Sluchevsky, head of the company's meat business. He also added that if the plant successfully enters Asian markets, Rusagro Primorye will be able to increase production even more in the future, from 75,00...
Source: {source} pictogram tass.ru
Rusagro logo 08.10.21
Rusagro

Agroholding Rusagro launched in the start-up mode the work at the largest Far Eastern plant for processing of by-products and waste recycling. Specialists made a successful start of the first line and received the first samples of meat and bone meal. The plant is part of the vertically integrated pork cluster Rusagro-Primorye. The next step in developing the...