United Confectioners facts for kids
| Private company | |
| Industry | Confectionery |
| Founded | 2000 |
| Headquarters |
,
Russia
|
|
Area served
|
Russia |
| Products | chocolate bars, cakes, cookies and candies |
| Revenue | $1.12 billion (2017) |
| $19.4 million (2016) | |
| Total equity | $40.9 million (2016) |
| Owner | GUTA Group |
|
Number of employees
|
17,000 (2013) |
United Confectioners is a large Russian company that makes many kinds of sweets. It is also known by its Russian name, Obedinyonnye konditery.
This company owns popular brands like Krasny Oktyabr, Rot Front, and Babayevsky. They produce delicious chocolate bars, cakes, cookies, and candies. In 2013, about 17,000 people worked for United Confectioners.
By 2015, it was one of the biggest candy makers in the world. It was ranked as the 13th largest confectionery company globally. In 2016, United Confectioners made up 20% of the entire candy market in Russia. The company is part of the GUTA Group.
Contents
Company History
How United Confectioners Started
United Confectioners began its journey in the early 2000s. It quickly grew into a major player in the sweet treats industry.
Changes in Ownership
For a while, a part of the company was owned by the city of Moscow. However, in 2014, the city sold its share. This means the company became fully private.
Company Success and Growth
How Much the Company Sells
United Confectioners has shown strong growth over the years. In 2009, the company's sales made up 14% of the Russian candy market. By 2017, this share grew to 21.3%. This shows that more and more people were buying their products.
In 2010, the company earned about $1.3 billion from its sales. This money is called revenue. In 2020, their revenue reached 63.7 billion Russian rubles.
Recognition and Rankings
Because of its success, United Confectioners was recognized by Forbes magazine. In 2021, it was listed among the "200 largest private companies in Russia." It held the 166th spot on this important list.
