St. Petersburg-based Baltimor-Holding is intending to launch an oil refining factory in the Krasnodar Region.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


US$10m will be invested to this end, the company said. Production capacity is estimated at 73,000 tons of oil per year which will be used by Baltimor to make mayonnaise.


Once this factory is up and running, Baltimor will double its share of the mayonnaise market during the course of 2005-2006 to 10%.

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact