Stop Doing
Business with Russia

CP Foods is one of the top 10 producers of broiler meat and pork meat in Russia. Thai CP Foods (#44) is a major investor in Russian agriculture. In 2015, the holding bought the company Severnaya Poultry for $680 million, and in 2021 - the Don agricultural producer of pork for 22 billion rubles.

Continues flows to Russian and Ukrainian producers but suspends its project to build a seed factory in Russia. The company also produces sunflower and corn seeds that are critically important for the Russian market. Its revenue in 2023 was 14.4 billion rubles, and its profit was 1.6 billion. The growth compared to 2022 is 2 and 4 times, respectively. This is a colossal pace.

Received revenues in Russia in 2022-2024. Revenues in foreign currency fell slightly in 2023 compared to 2022, mainly due to devaluation, but even increased in rubles. The owners have not changed as of the end of June 2024. Revenue increased in 2024 vs 2023 by more than +30%.

Continue doing business as usual.

No official statement

Continue doing business as usual.

Continue operations with Russia, increased revenue in 2022 vs 2021.

Received revenues in Russia in 2021, there is no any official announcement

Continue to practice in Russia. In 2023, they almost doubled their profits to 820 million rubles.

Received revenues in Russia in 2021-2022, there is no any official announcement. The Starominskaya branch produces spare parts on CNC machines for equipment that serves the vineyards of Putin and his friends on the Black Sea coast, the company was invited to work in Russia by the United Russia party.

Received revenues in Russia in 2021, there is no any official announcement

Received revenues in Russia in 2021-2022. The plow manufacturer Kverneland in Oksnavada will resume plow exports to Russia. The German company Kverneland Group, which is part of the Kubota Group, sold seed drills worth $5.2 million to Russia in 10 months of 2023. There was also a delivery of a cultivator. Shipments were made from Germany to the Russian representative office of "Kverneland Group CIS" in Moscow.

Strube, its profit last year was "only" 180 million rubles. The company also supplies sugar beet seeds to the Russian market - this is the most scarce and import-dependent category. And here Strube occupies about 10% of the entire market. For now, the company intends to stay in Russia, but is already looking for a partner to create a joint venture.

Received revenues in Russia in 2022.

Continue doing business as usual, increased revenue in 2022 vs 2021.

Received revenues in Russia in 2021, there is no any official announcement

Continuing business in Russia and exports but significantly reduced volumes. Significantly reduced revenue in 2023 vs 2022. Revenue increased in 2024 vs 2023 by more than +50%.

Some Dubai merchants appear to have little specialized experience in precious metals. Actava Trading DMCC, which imported about $25 million of Russian gold in August, describes itself as a crop trader focused on the Black Sea region.

The company continues to operate in Russia, attends local exhibitions and has a representative office in Russia.

When severing ties with the Kremlin was still fashionable, Czech agricultural equipment manufacturer Bednar publicly announced its exit from Russia. "We do not plan further supplies of equipment to the Russian Federation. This decision was painful from an economic point of view, but democratic values are more important," the company's press release said. Not even a year has passed since Bednar products returned to the Russian market. Equipment is supplied not directly, but through intermediary companies. The owner of one of them has Russian citizenship. According to customs data, in the nine months of 2023, 151 units of Bednar equipment worth $11.7 million were brought to Russia in this way.

Bion Group Ltd Sti, a former textile trader that recently expanded into wholesale electronics and supply chain keeping tech flowing to Russia.

Exports products to Russia.

Datamars supplies ear tags for cattle, microchips, weighing systems, electric fences, and veterinary injectors in Russia. These products are essential for livestock management, but the market is likely served by multiple competitors, both local and international.

Don Agro International Limited has announced that its subsidiary, JSC Tetra, has entered into a one-year short-term loan agreement worth 100 million Russian Rubles with LLC SGC Blagovar. This loan aims to support Blagovar’s working capital needs and is set at an interest rate tied to the Central Bank of Russia’s key rate, plus an additional 3%. This strategic move highlights Don Agro’s efforts to strengthen its financial engagements in Russia’s agricultural sector.

Received revenues in Russia in 2021, there is no any official announcement

The Czech company Farmet supplied Russia with disc harrows (10.10%), the company supplied equipment to the official representative of RostLine Agroservice.

Identified by YouControl as one of TOP companies with foreign shareholders which have been registered in Russia after the invasion to Ukraine was started.Grenaldi Limited from Hong Kong owns 99% of the authorized capita l of AGROINVEST LLC, which is about 1.5 billion rubles.

Still operating in Russia

The Indian Institute of Spices Research (IISR) under the Indian Council for Agricultural Research (ICAR) inked a Memorandum of Understanding (MoU) with Lysterra LLC, a Russia-based company for commercialisation of biocapsule, an encapsulation technology for bio-fertilisation.

Jacbac Technology Dis Ticaret Limited Sirketi (Jacbac Technology) is a manufacturer and exporter of technological products that has made dozens of shipments of equipment to Russia since August 2022. Jacbac Technology has made shipments to Russia of instruments for metalworking and metal turning machine tools.

While most of the leading American manufacturers of agricultural machinery stopped working with the Russian market, Kinze Manufacturing, Inc. in 10 months of 2023, it sold seed drills there for the amount of $5.7 million.

In addition to the supply of planters in the amount of $9.6 million, the Italian Maschio Gaspardo in 10 months of 2023 sold in Russia disk harrows in the amount of $1.3 million (in the top 10 suppliers) and cultivators in the amount of $667.7 thousand. In Russia, the company has its own representative office of "Mascio-Gaspardo Russia" in the Volgograd region, to which address all the equipment from Italy was sent.

Nonghyup Feed Inc. has sought Russian feed wheat offers in an international buy tender closing Nov. 22, according to a tender invitation seen by S&P Global Commodity Insights, the first such move by a South Korean feedmiller since Russia's invasion of Ukraine in February 2022.

Saputo makes business in russia through its argentinian subsidiary Lácteos La Paulina. They export cheese to russia so that they can circumvent sanctions and replace European cheese.

Saudi Arabian Salic, which already owns 35% of Singapore's Olam Agri, may soon buy the company entirely. Olam Agri, among other things, owns the Azov Grain Terminal. Saudi Arabian company Salic (Saudi Agricultural & Livestock Investment Co.) will gain control over Russian agricultural assets, including the Azov Grain Terminal, through the purchase of Singapore's Olam Agri.

Ongoing operations

According to the Russian Customs, in 2021 the leadership belonged to the Swedish company Vaderstad, which accounted for 34% of Russian imports. After the Russian invasion of Ukraine, Vaderstad ceased sales, and its share was divided by competitors.

The Zug-based commodity trader Vivalon AG bought 11,500 tons of wheat from a Russian company last October. The latter is said to have carried out the export on behalf of the above-mentioned Russian company GZO, which is registered in the Russian commercial register in occupied Ukrainian Melitopol. The San Cosmas, a US-sanctioned ship with a deactivated position signal, allegedly picked up the cargo in Sevastopol in occupied Crimea and transported it to Turkey. There, according to NZZ, it was received by the Turkish subsidiary of Vivalon.