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OAO Konditerskiy Kontsern Babayevskiy Open Joint-Stock Company (russian: Открытое акционерное общество "Кондитерский концерн Бабаевский") is the oldest Russian confectionery manufacturer and a member of
United Confectioners United Confectioners (russian: Объединённые кондитеры, Obedinyonnye konditery) is a Russian confectionery holding. Through its subsidiaries it produces chocolate bars, cakes, cookies and candies. The holding owns brands such as ...
holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
. It is located in Moscow (Malaya Krasnoselskaya St., 7).


History

The factory conducts history since 1804 as a family workshop of the confectioners Abrikosovy. In 1918 it was nationalized. Its current name was received only in 1922 in honor of Peter Akimovich Babayev, chairman of the Sokolniki District Executive Committee. In 1993 it was privatized. In 2002, after the bankruptcy of Inkombank, the controlling interest in the concern was sold to the Amidis LLC for 800 million rubles. It is named after the Soviet revolutionary of Azerbaijani descent Pyotr (Peter) Babayev.


See also

*
Food industry of Russia The food industry of Russia is a branch of industry in Russia. The volume of production in the manufacture of food products and tobacco - 3.12 trillion rubles (in 2010), including: * Food production - 2.952 trillion rubles; * Manufacture of toba ...


References

United Confectioners Food and drink companies of the Soviet Union Manufacturing companies based in Moscow Manufacturing companies established in 1804 Brand name chocolate Russian brands Companies nationalised by the Soviet Union {{Russia-company-stub