History of Rusagro Group
The history of the Company began in 1995 with sugar imports to Russia. Over time, the Company acquired several sugar and oil & fats plants, grain storage elevators, and also amassed its own land holding. Rusagro Group LLC was established in 2003. The Company’s development can be broken down into several milestones and key events.
History of Rusagro Group
1997–2002
Launch of the Sugar and Agriculture Businesses
Acquiring the first sugar plants and launching the sugar production line in the Belgorod Region
Establishing our own land holding for the production of sugar beet and grain crops
Purchasing elevators for storage and trade of grains
2003–2007
Launch of the Oil and Fats Business and the first retail brand
Establishing Rusagro Group LLC in 2003
Launching the first retail sugar brand – Chaikofsky
Purchasing the first oil and fats production asset in Yekaterinburg
2008–2010
Launch of the Meat Business and expansion of the Sugar Business
Expanding the Sugar Segment by acquiring two sugar plants in the Belgorod and Tambov Regions
Launching the Mon Cafe and Brauni sugar brands
Expanding the land holding to 380 thousand ha
2011–2013
Purchase of the first oil extraction plant
Commissioning a new packaging line and launching the Russkii Sakhar brand
Expanding the land holding to 463 thousand ha
Acquiring an oil extraction plant in the Samara Region in 2011
Launching pig farms in the Tambov Region in 2013
2014–2015
Floatation on the Moscow Stock Exchange and launch of a slaughtering sector
Modernising sugar plants and increasing the capacity of pulp drying facilities
Expanding the land holding to 504 thousand ha
Modernising the oil extraction plant
Launching a slaughterhouse in the Tambov Region in 2015
2016–2017
Deal with Razgulay
Acquiring three sugar plants in the Kursk and Orel Regions, a cereal processing plant, and a land holding from Razgulay
Launching the first molasses desugarisation facility
Expanding the land holding to 665 thousandha
Launching the first retail meat products brand – Slovo Myasnika (Butcher’s Promise) in 2016
2018–2020
Business expansion and increase in exports
Launching the second molasses desugarisation facility in 2019
Exporting sugar products to 34 countries worldwide
Making the first shipments of corn and soybeans to China
Exporting agricultural products to 11 countries worldwide
Making the first shipments of meal and resuming sales of consumer margarine to China
Launching a bottled vegetable oil workshop in the Samara Region and launching a mayonnaise plant in Atkarsk
Exporting oil and fats products to 29 countries worldwide
Acquiring 100% of KapitalAgro in 2018 and 22.5% in Agro‑Belogorie Group in 2019 – producers of pork products in the Belgorod Region
Completing the construction of a grain storage elevator and starting deliveries of sows to a breeding farm in the Primorye Territory
Exporting pork products to 10 countries worldwide
2021–2022
Innovation and digital transformation
Timur Lipatov appointed Chief Executive Officer of Rusagro Group LLC
Establishing of Rusagro Tech LLC, an IT company
Sending the first pulp train to China
Znamensky Sugar Factory certified to GOST 33980 for organic sugar production
Developing and launching a smart harvest planning system
Supplying bottled sunflower oil to retail chains in China and opening an oil and mayonnaise shop on an online marketplace
Acquiring the 25% stake in Primorskaya Soya, thus consolidating 100% of the company shares
Making the first shipment of mayonnaise and sunflower meal to China
Launching the Rusagro‑Primorye compound feed mill during the Eastern Economic Forum
Launching the slaughterhouse refuse recycling and meat processing plants by Rusagro‑Primorye LLC
Successfully passing Mars product quality and safety inspections
2023
Business expansion
Rusagro Group JSC acquired the public status
Rusagro Group rated Russia’s best agricultural employer by HeadHunter
Ros Agro PLC GDRs admitted to trading on the Astana International Exchange (AIX)
Sugar Business products rated among Russia’s top 100
Acquiring 100% of shares and control over the grain storage elevator of BioTekhnologii JSC
Digitising and optimising the sunflower seed logistics of the Oil and Fats Business
Making the first combined delivery of sunflower meal and beet pulp to China
Closing the acquisition of 50% of shares and control over NMGK Group
Rusagro Group’s oil and fats products entering the national commodity exchange
Upgrading the Balakovo oil extraction plant and increasing its capacity by 33%
Upgrading the compound feed mill in the Belgorod Region and increasing its capacity by 43%
Meat processing plant in Borshchevka successfully passing an audit carried out by the Chinese delegation