United Bakers has reported that its sales rose by 11% year-on-year in 2005 to more than RUB21bln (US$738m).
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Russia’s largest confectionary producer said that Moscow-based chocolate and candy maker Babayevsky, Krasny Oktyabr (Red October), Blagoveshchensk-based confectionery factory Zeya, and Chelyabinsk-based Yuzhuralkonditer factory, posted the strongest rises out of its subsidiaries.
Sales at Babayevsky increased 17%, Krasny Oktyabr saw growth of 12%, Zeya was up 11.2% and Yuzhuralkonditer rose by 17.8% on the year.
